Indonesia’s New Danantara Investment Fund Readies for Launch
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 ...
Business Times2h
Indonesia launches Danantara investment fund, channels US$20 billion into 20 strategic projects
JAKARTA] Indonesia launched the Danantara investment fund on Monday (Feb 24), a high-stakes, multi-billion-dollar initiative ...
Zawya2h
New Indonesia sovereign wealth fund to invest $20bln in projects, president says
Danantara will be the country's second sovereign wealth fund after the Indonesia Investment Authority and will operate ...
Tempo2h
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 Danantara, with eye on 8% growth
JAKARTA – Indonesia launched its new sovereign wealth fund Danantara on Feb 24, the latest initiative by President Prabowo ...
Truist Financial Corp Raises Position in Freeport-McMoRan Inc. (NYSE:FCX)
Truist Financial Corp grew its holdings in shares of Freeport-McMoRan Inc. (NYSE:FCX – Free Report) by 1.7% in the fourth ...
Asian currencies shine as dollar steps back; Singapore stocks hit record high
ASIAN currencies rose to multi-week highs on Monday after risk sentiment improved as U.S. President Donald Trump's tariff ...
Tempo6h
Bank Indonesia: Money Supply Grows 5.9% in January 2025
Bank Indonesia reports that the broad money supply (M2) in January 2025 reached Rp9,232.8 trillion, reflecting a 5.9 percent year-on-year growth.