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The Latest Breaking News from Danantara

Indonesia government to take over state firm's stake in troubled China-funded high-speed railway

Indonesia's government will acquire a majority stake in the high-speed rail operator. This move aims to manage the project's outstanding loan obligations effectively. The transaction is expected to be finalized by mid-September this year. Chinese firms will retain a forty percent ownership in the venture. This railway connects Jakarta to…

The Economic Times

Indonesia parliament passes bill to set up international financial centres

Indonesia parliament passes bill to set up international financial centres

JAKARTA - Indonesia's parliament passed a law on Tuesday to enable the foundation of international financial centres designed to boost foreign investment in banking and wealth management, and bolster economic growth.

Indonesia tightens control over key commodities in major trade takeover, influencing global exports

Indonesia tightens control over key commodities in major trade takeover, influencing global exports

Indonesia is overhauling its trade policies for key commodities in a sudden move that some experts liken to a hostile takeover of major industries in the resource-rich nation

The Independent UK

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Danantara CIO: Indonesia can anchor the AI and energy economy—if governance keeps pace

Indonesia holds rare advantages in critical minerals, energy and scale. Whether it can convert them into lasting economic leadership depends on execution.

Indonesia's Danantara bets a new $6B SOE can save a textile industry from Trump tariffs and foreign competition

Yet some experts worry the new state textile giant could end up being a "dominant rival" to smaller players in the industry.

Indonesia bets a new sovereign wealth fund will finally unlock its potential

Rosan Roselani, Danatara CEO and ally of president Prabowo Subianto, needs to streamline Indonesia's lumbering state-owned giants.

Is KBR About To Land An $8 Billion Indonesia Deal?

Indonesian Economic Minister Airlangga Hartarto reportedly told business leaders during a closed-door briefing on Monday that sovereign wealth fund Danantara plans to finalize an $8 billion engineering, procurement, and construction agreement with KBR Inc. (NYSE:KBR) to build 17 modular refineries.

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Geopolitics helps drive Middle Eastern money to Asia as wealthy Gulf investors hedge their bets

Geopolitics helps drive Middle Eastern money to Asia as wealthy Gulf investors hedge their bets

The Middle East missed Asia's rise the first time around. They don't want to miss out again.

Ray Dalio, a China investment expert, will advise Indonesia’s new $900 billion sovereign wealth fund

Ray Dalio, a China investment expert, will advise Indonesia’s new $900 billion sovereign wealth fund

Ray Dalio joins economist Jeffrey Sachs and a former Thai prime minister as special advisors to one of Asia’s biggest investment firms.

Indonesia’s new sovereign wealth fund—at nearly $1 trillion—heralds an economic powerhouse taking full control of its resources

Indonesia’s new sovereign wealth fund—at nearly $1 trillion—heralds an economic powerhouse taking full control of its resources

Danantara Indonesia signals that the nation is leveraging its abundant natural wealth to invest in its future.

Sovereign wealth funds are back in vogue as 'an extension of a country's industrial policy'

Sovereign wealth funds are back in vogue as 'an extension of a country's industrial policy'

Indonesia, the Philippines and the city of Hong Kong all recently launched new funds. Now Trump's U.S. wants one too.

Indonesia Launches New Multi-billion-dollar Sovereign Wealth Fund

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.

International Business Times

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