Indonesia launches Danantara investment fund, channelling US$20 billion into 20 strategic projects
JAKARTA] Indonesia has officially launched the Danantara investment fund on Monday (Feb 24), a high-stakes, multibillion-dollar initiative designed to consolidate the country’s state-owned enterprises (SOEs),
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 new agency to transform state-owned investment management
JAKARTA -- Indonesian President Prabowo Subianto officially launched the Investment Management Agency Daya Anagata Nusantara (Danantara) on Monday, a super holding agency to consolidate the management of the country's state-owned enterprises and optimizing dividends and investments.
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.
Indonesia launches Danantara sovereign wealth fund: 5 things to know
JAKARTA-- Indonesia on Monday launched a much-anticipated sovereign wealth fund that government officials say is key to hitting President Prabowo Subianto's 8% target for economic growth.
Prabowo aims to send US$20bil in budget savings to sovereign wealth fund Danantara
JAKARTA: Indonesia will channel US$20 billion in budget savings to its newly created Danantara investment body to help finance 20 high-impact national projects, President Prabowo Subianto said on Mond
The Jakarta Post1m
Jokowi, Yudhoyono join President Prabowo at Danantara inauguration
The two former presidents, together with Indonesian Democratic Party of Struggle (PDI-P) chairperson and Indonesia's fifth ...
Tempo2h
Danantara Will Be Advised by Religious Organizations, Palace Says
TEMPO.CO, Jakarta - Head of the Presidential Communication Office, Hasan Nasbi, said that religious community organizations ...
Antara News21m
President Prabowo, predecessors officially launch Danantara SWF
Indonesia's sovereign wealth fund, Daya Anagata Nusantara (Danantara), was officially launched by President Prabowo Subianto ...
Jakarta open for business: Prabowo
Indonesian President Prabowo Subianto pushed ahead on Monday with the mass privatisation of state-owned assets under a new ...
Tempo3h
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 ...
Antara News1h
OIKN head hopes for Danantara's participation in IKN development
Basuki Hadimuljono (left) in a press statement in Jakarta on Monday (February 24, 2025). (ANTARA/AJi Cakti/rst) Jakarta ...