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 new multibillion dollar Danantara sovereign wealth fund
Indonesia’s Prabowo officially establishes Danantara, which is modelled on Singapore’s investment arm Temasek.
Indonesia launches new wealth fund to manage US$900 billion-plus of state assets
Indonesia has launched a new sovereign wealth fund to manage more than US$900 billion of state assets, two weeks after its parliament approved legislative amendment paving the way for the creation.
Indonesia launches new sovereign wealth fund Danantara, with eye on 8% growth
The fund will invest US$20 billion (S$27 billion) in 20 projects to drive development in the nation. Read more at straitstimes.com.
Indonesia launches sovereign wealth fund aiming to hold $900 bn in assets
Prabowo on Monday inaugurated the new fund, known as Daya Anagata Nusantara or Danantara, which is modeled partly on Singapore's investment arm Temasek.
Indonesia launches 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 sovereign wealth fund to manage assets worth US$900 billion; initial budget to kickstart 20 ‘strategic projects’
Monday’s launch comes after Southeast Asia’s biggest economy saw a wave of student protests in major Indonesian cities last week as a result of the government’s budget cuts to fund President Prabowo Subianto’s flagship programme - the free nutritious meal initiative  for students - as well as Danantara.
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.
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Indonesia launches sovereign wealth fund Danantara, aiming to hold US$900 billion in assets
Indonesian President Prabowo Subianto has signed a regulation that officially established a new sovereign wealth fund. The Daya Anagata Nusantara Investment Management Agency (Danantara) will manage ...
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