The wealth fund is committed to optimizing the role of SOEs as the backbone of national development, contradicting President ...

Nationwide student-led protests in Indonesia against austerity measures have emerged as the first major political challenge ...

TEMPO.CO, Jakarta - Indonesian President Prabowo Subianto assigned Coordinating Minister for Maritime Affairs and Investment ...

They are accused of working together between 2018 and 2023 to import crude from overseas suppliers at higher prices rather ...

Malaysia has not yet signed off on the contract to search the seabed for MH370 wreckage, casting uncertainty over whether a search has begun.

Indonesia’s faltering, $35bn plan to build a brand new capital city on the island of Borneo started 2025 with a reduction in ...

The closure was also prompted by a report from a pilot flying from the town of Maumere to Kupang, the provincial capital. The ...

The country launched its new sovereign wealth fund Danantara, the latest initiative by President Prabowo Subianto to deliver on his ambitious economic growth target of 8% within his first term.

Can we do it? Yes, we can. I don’t know how long it will take, but insya Allah [God willing], with strong determination, we ...

Authority had been hoping for a slice of Danantara’s capital to support the megaproject’s development, its head Basuki Hadimuljono said on Monday.