Danantara stated that the reduction is necessary due to the significant financial losses incurred by many SOEs.

Indonesian President Prabowo Subianto asks for state-owned enterprises (SOEs) to be run with international standards.

President Prabowo Subianto has repeatedly talked of his decades-long friendship with Jordanian King Abdullah II.

Jordan’s king and Indonesia's leader have held talks as the two longtime friends agreed to strengthen military cooperation ...

Ride-hailing companies Grab and GoTo are in talks to offer Indonesia’s sovereign wealth fund a “golden share” to gain ...

The government estimates that the poultry farming initiative could create around 3 million direct and indirect jobs over the ...

State asset fund Danantara plans to invest 20 trillion rupiah in poultry farming, particularly in suppliers for the ...

If Danantara’s bid succeeds, it would mark the sovereign fund’s first overseas investment Read more at The Business Times.

Rumours about the merger began circulating on Indonesian news sites and social media accounts, including claims that ...

Indonesia's president said he sees no issue paying around US$72 million annually in interest expense, because the rail ...

Danantara is in talks to take a “golden share” in the combined entity, the sources say Read more at The Business Times.