Indonesia’s new sovereign wealth fund

Indonesia Launches Sovereign Wealth Fund as Thousands Protest Budget Cuts - TaiwanPlus News
Indonesian President Prabowo Subianto has announced the launch of a sovereign wealth fund to invest US$20 billion in projects from metal processing to artificial intelligence, aimed at growing Southeast Asia's largest economy.
New Indonesia sovereign wealth fund to invest $20 billion in projects
Danantara Indonesia will invest $20 billion in a wide range of projects from metal processing to artificial intelligence, President Prabowo Subianto said.
Daily Cuts - Why Indonesia wants a sovereign wealth fund now
Indonesian president Prabowo Subianto has launched plans for a new sovereign wealth fund aimed at supporting his strategic projects and boosting the country’s growth – but it’s already raising concerns of transparency and political interference.
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.
Danantara, Indonesia's new sovereign wealth fund: what to know
He wants to tap into the fund's assets -- planned to be more than $900 billion -- to boost Indonesia to developed economy status, despite expert concern about its governance.
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 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.
Indonesia launches sovereign wealth fund aiming to hold US$900 billion in assets
A SWEEPING overhaul of how Indonesia runs its powerful state companies will create a multibillion-dollar investment vehicle that could give President Prabowo Subianto a major cache of funds to deploy in his effort to supercharge growth.
New Indonesia Sovereign Wealth Fund Danantara to Invest $20bn in Projects
Danantara Indonesia will invest $20 billion in a wide range of projects from metal processing to artificial intelligence.
Indonesia launches new sovereign wealth fund
The new fund, known as Daya Anagata Nusantara, or Danantara, which is modeled on Singapore's investment arm Temasek, was approved by the parliament this month. It will take control of government holdings in state companies,
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
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EXPLAINED: What is Danantara, Indonesia’s new state investment body?
It will consolidate funds from state-owned enterprises and use them for strategic projects, such as in renewable energy.
The Jakarta Post1d
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 ...