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

Analysts have warned that the fund will face challenges in winning investor trust given its governance structure.

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

Jakarta. President Prabowo Subianto said Wednesday that there was nothing wrong with having many of his predecessor Joko "Jokowi" Widodo's ministers in his cabinet. He even said that replacing ...

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

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

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

Ahmad Basarah stated that the relationship between the Chairperson of PDIP Megawati Soekarnoputri and President Prabowo ...

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.

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

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