Indonesia, Danantara and sovereign wealth fund

New Indonesia sovereign wealth fund to invest $20 billion in projects, president says
Danantara Indonesia will invest $20 billion in a wide range of projects from metal processing to artificial intelligence, President Prabowo Subianto said on Monday, as he launched the country's new sovereign wealth fund.
Indonesia launches Danantara investment fund, channels US$20 billion into 20 strategic projects
JAKARTA] Indonesia launched the Danantara investment fund on Monday (Feb 24), a high-stakes, multi-billion-dollar initiative designed to consolidate the country’s state-owned enterprises (SOEs), while serving as a powerful catalyst to attract investment and fuel the nation’s ambitious growth trajectory.
Indonesia launches new sovereign wealth fund Danantara, with eye on 8% growth
The fund will invest US$20 billion (S$27 billion) in 20 projects to drive development in the nation. Read more at straitstimes.com.
Danantara, Indonesia's new sovereign wealth fund: what to know
He wants to tap into the fund's assets -- planned to be more than $900 billion -- to boost Indonesia to developed economy status, despite expert concern about its governance.
Indonesia launches sovereign wealth fund to manage assets worth US$900 billion; initial budget to kickstart 20 ‘strategic projects’
Monday’s launch comes after Southeast Asia’s biggest economy saw a wave of student protests in major Indonesian cities last week as a result of the government’s budget cuts to fund President Prabowo Subianto’s flagship programme - the free nutritious meal initiative  for students - as well as Danantara.
Indonesia launches new multi-billion-dollar sovereign wealth fund
Indonesia on Monday launched a new sovereign wealth fund that will aim to manage state assets worth more than $900 billion as President Prabowo Subianto looks to turbo-charge growth in Southeast Asia's biggest economy.
Danantara to become one of largest sovereign wealth funds: Prabowo
President Prabowo Subianto announced that Indonesia's newly launched sovereign wealth fund, Daya Anagata Nusantara (Danantara), will be one of the largest
New Indonesia sovereign wealth fund to invest $20 billion in projects
Danantara Indonesia will invest $20 billion in a wide range of projects from metal processing to artificial intelligence, President Prabowo Subianto said.
The Jakarta Post8h
Prabowo’s new Danantara faces uphill battle for investor trust
Analysts have warned that the fund will face challenges in winning investor trust given its governance structure.
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Danantara Officially Launched, Analysts Highlight Importance of Transparency
Danantara, a Sovereign Wealth Fund (SWF), has ambitious goals: to drive economic growth to 8 percent by 2029, and to focus on ...
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Prabowo’s bold bet: Indonesia’s new US$900b wealth fund sparks hopes and fears
Indonesian President Prabowo Subianto on Monday launched a new sovereign wealth fund set to be the biggest in South-east Asia ...
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DPR lauds Danantara launch, says will promote public welfare
Chairperson of Commission XI of the House of Representatives Mukhamad Misbakhun on Monday praised the launch of the Daya ...
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Kaesang Pangarep Denies Involvement in Danantara's Organizational Structure
Dressed in a black suit, Kaesang Pangarep also declined to confirm rumors that his father, Joko Widodo, might be one of ...
Jakarta open for business: Prabowo
Indonesian President Prabowo Subianto pushed ahead on Monday with the mass privatisation of state-owned assets under a new ...
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Danantara not immune to law, open to investigation, audit: Official
Danantara Investment Management Agency Head Rosan Roeslani confirmed that Danantara is not immune to the law and is open to ...