Prabowo Subianto, Indonesia’s president, launched Danantara, a sovereign-wealth fund. At his disposal will immediately be the ...

There have been worries about the independence, integrity and credibility of Danantara. There is also skepticism about ...

Energy minister Bahlil Lahadalia states that an oil refinery with a capacity of around 500,000 barrels and an oil storage ...

Bahlil stated that one of the main projects funded by Danantara is the construction of an oil project storage in Nipah Island ...

A plan floated by President Prabowo Subianto to place representatives of religious organizations on the advisory board of the ...

According to an expert, Prabowo's move to involve former presidents has never been done by previous presidents.

The massive sovereign wealth fund has come under scrutiny as analysts flag concerns about governance and political influence.

Prabowo claims that he has secured more than Rp300 trillion from inefficiency, corruption, and improper spending, to be ...

Analysts have warned that the fund will face challenges in winning investor trust given its governance structure.

JAKARTA: President Prabowo Subianto's top adviser Hashim Djojohadikusumo says this year's budget cuts are not a one-time ...

Media expressed concerns about transparency of Danantara, particularly because it was not clear how the state's wealth funds ...