Indonesia's new sovereign fund will run with commercial mindset, official says
New sovereign wealth fund Danantara Indonesia will focus on large-scale projects generating good returns as it prioritises ...
G20 meeting fails to reach consensus amid increasing global economic uncertainty
G20 meeting in South Africa, highlighting deepening global divisions on climate finance and economic policies. With notable ...
Distrust in Indonesian wealth fund Danantara sparks online calls to switch banks
Growing public distrust of the newly formed sovereign wealth fund, Daya Anagata Nusantara (Danantara), has sparked online ...
Asia News Network8h
Indonesia President Prabowo’s economic policies put investors on edge
National Economic Council member Chatib Basri acknowledges that the current administration has little room to boost growth through monetary or fiscal policy, making structural reform the only viable ...
President Prabowo Inaugurates Pegadaian Gold Bank Service, BRI Group Optimistic in Strengthening the National Economy
President of Indonesia, Prabowo Subianto, officially inaugurated the Pegadaian Gold Bank Service and Bank Syariah Indonesia ...
The Jakarta Post12hOpinion
Analysis: Extreme budget cuts undermine the morale of government employees
President Prabowo Subianto is pushing for budget efficiency, which is expected to save around Rp 300 trillion (US$18.36 ...
The Economist21h
Prabowo Subianto is drastically cutting Indonesia’s budget
Prabowo Subianto, Indonesia’s president, launched Danantara, a sovereign-wealth fund. At his disposal will immediately be the ...