Jakarta, Indonesia — Indonesian President Prabowo Subianto on Monday launched a new sovereign wealth fund set to be the biggest in Southeast Asia’s largest economy and give the ex-general ...

JAKARTA-- Indonesia on Monday launched a much-anticipated sovereign wealth fund that government officials say is key to hitting President Prabowo Subianto's 8% target for economic growth.

President Trump has issued an executive order instructing the heads of certain agencies to “develop a plan for the establishment of a sovereign wealth fund.” Is that possible, and if so ...

resident Prabowo Subianto on Monday launched a new sovereign wealth fund set to be the biggest in Indonesia and give the leader greater control of the country's coffers. He wants to tap into the ...

In January 2025, shortly after being inaugurated, U.S. President Donald Trump signed an order calling for the creation of a U.S.-owned sovereign wealth fund. An SWF, Trump said, would “promote the ...

Indonesia on Monday launched a new sovereign wealth fund that will aim to manage state assets worth more than US$900 billion as President Prabowo Subianto looks to turbocharge growth in Southeast ...

JAKARTA, Feb 24 (Reuters) - 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 ...

JAKARTA: A new Indonesian sovereign wealth fund aims to manage the assets of all state-owned enterprises in the country worth more than US$900 billion, with President Prabowo Subianto saying that ...

President Donald Trump's choice to be U.S. ambassador to Canada on Thursday said that America's northern neighbor is a sovereign state, showing some daylight with Trump on the issue. The president ...

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“Canada is a sovereign state,” Hoekstra said. He appeared to attribute Trump’s rhetoric to the frosty relationship he has with outgoing Prime Minister Justin Trudeau, who marked his final ...

JAKARTA – Indonesia launched its new sovereign wealth fund Danantara on Feb 24, the latest initiative by President Prabowo Subianto to deliver on his ambitious economic growth target of 8 per ...