Danantara, Indonesia’s new sovereign wealth fund, aims to restructure SOEs, attract global investment, and expand assets to ...

The two Japanese-made patrol boats, which are to be deployed to secure "choke points," were donated in a deal agreed last ...

Several global financial institutions—including the World Bank, the International Monetary Fund (IMF), and the Asian ...

The two Japanese-made patrol boats, which are to be deployed to secure "choke points" in the waters off Indonesia's future capital in East Java, were donated in a deal agreed last month by President ...

The Danantara fund, which will be seeded with at least $61 billion, will be placed under the direct supervision of the president’s office.

Indonesia's resource-rich economy grew 5.02% from a year earlier in the fourth quarter of 2024, compared with a 4.95% expansion in the third quarter. That exceeded economists' expectations, with a ...

Indonesia may be moving its capital, but Jakarta is continuing to grow with a new hotel taking eclectic design to the ...

Sjafrie said the boats will initially arrive unarmed but will be retrofitted by the Navy to make them combat-ready before ...

The two patrol ships from Japan will be used for maritime security and equipped with weapons owned by the Indonesian Navy.

The agency, dubbed Danantara, is set to receive trillions of rupiah in initial capital as it aims to improve returns from ...

JAKARTA] Indonesia’s parliament on Tuesday (Feb 4) approved a Bill paving the way for Danantara, a newly established ...