Archyde: Latest World News, Economy, Entertainment, Health, Technology & Sports Updates Ray Dalio Advocates meritocracy amidst Advisory Role Speculation Table of Contents 1. Ray Dalio Advocates meritocracy amidst Advisory Role Speculation 2. Dalio’s Stance on Merit-Based Systems 3. Clarification from anagata… You can read the full story here: Ray Dalio’s Unexpected Revelation: What Happened?. Source … Read more
Danantara, Indonesia’s sovereign wealth fund, is under fire for considering a partnership with BlackRock, sparking intense debate over the nation’s stance on the Israel-Gaza conflict. The potential deal has ignited criticism due to BlackRock’s ties to arms manufacturers supplying the Israeli military, pitting financial ambitions against Indonesia’s long-held pro-Palestinian foreign policy and principles. Critics fear … Read more
Jakarta. Indonesia and Qatar have agreed to establish a $4 billion joint investment fund following President Prabowo Subianto’s official visit to Doha on Sunday, April 13. The initiative is aimed at deepening bilateral strategic cooperation and accelerating development in Indonesia through a co-investment scheme. The fund will be managed by Indonesia’s state-owned investment agency Danantara Indonesia … Read more
ndonesia’s sovereign wealth fund (SWF) Daya Anagata Nusantara (Danantara) has stated its readiness to make its first investment by the end of this month after it receives the first round of dividends from state-owned enterprises (SOEs) under its portfolio. Danantara chief investment officer Pandu Sjahrir said on Monday that the fund is ready to… Source … Read more
TEMPO.CO, Jakarta – Analyst at Bank Woori Saudara, Rully Nova, believes that the postponement of the implementation of import tariff policy, known as Trump’s tariffs, by U.S. President Donald Trump has influenced the strengthening of the rupiah exchange rate. “Today, the rupiah is expected to close stronger at the range of Rp16,775-Rp16,870, influenced by global … Read more
TEMPO.CO, Jakarta – The spokesperson of the Corruption Eradication Commission (KPK), Tessa Mahardhika Sugiarto, stated that the appointment of the KPK Chair as one of the members of the Danantara Oversight and Accountability Committee was directed towards the KPK as an institution, not referring to personal capacity, in this case, Setyo Budiyanto. “The KPK as … Read more
The United States’ withdrawal from a multibillion-dollar plan designed to support Indonesia’s shift away from coal is likely to undermine the country’s energy-transition goals, analysts have said, particularly given Jakarta’s weak political will to meet its climate commitments. Washington confirmed its exit from the programme, known as the Just Energy Transition Partnership (JETP), on March … Read more
eputy Industry Minister Faisol Riza has announced that Garuda Indonesia is set to order up to 100 aircraft this year from major manufacturers like Airbus and Boeing, referring to a statement made by President Prabowo Subianto during the launch of the country’s second sovereign wealth fund (SWF). “The President mentioned this during the launch of … Read more
he country’s new sovereign wealth fund, Danantara, is looking to bring Ray Dalio, founder of United States-based hedge fund firm Bridgewater Associates onto its supervisory board as it seeks to attract more global investors, Hashim Djojohadikusumo said. “Hopefully, people like Mr. Ray Dalio of Bridgewater will also come onboard,” Hashim, a business tycoon and younger … Read more
TEMPO.CO, Jakarta – Chief Economist of Permata Bank Josua Pardede assesses nominating former British Prime Minister Tony Blair as Supervisory Board of Danantara Investment Management Agency as an Indonesian government strategy to enhance international credibility and attract global investors. According to him, with a wide political and business network and background, the presence of Tony … Read more