Indonesian President Prabowo Subianto has announced the launch of a sovereign wealth fund to invest US$20 billion in projects ...

Danantara Indonesia will invest $20 billion in a wide range of projects from metal processing to artificial intelligence, ...

Indonesian president Prabowo Subianto has launched plans for a new sovereign wealth fund aimed at supporting his strategic ...

The fund will invest US$20 billion (S$27 billion) in 20 projects to drive development in the nation. Read more at ...

He wants to tap into the fund's assets -- planned to be more than $900 billion -- to boost Indonesia to developed economy ...

It will consolidate funds from state-owned enterprises and use them for strategic projects, such as in renewable energy.

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 ...

Indonesia has launched a new sovereign wealth fund to manage more than US$900 billion of state assets, two weeks after its ...

Prabowo on Monday inaugurated the new fund, known as Daya Anagata Nusantara or Danantara, which is modeled partly on ...

Danantara Indonesia will invest $20 billion in a wide range of projects from metal processing to artificial intelligence.

The new fund, known as Daya Anagata Nusantara, or Danantara, which is modeled on Singapore's investment arm Temasek, was ...

A SWEEPING overhaul of how Indonesia runs its powerful state companies will create a multibillion-dollar investment vehicle ...