Danantara

Prabowo’s South Korea Visit Secures $10.2 Billion in Investment Deals

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TEMPO.CO, Jakarta – Indonesian President Prabowo Subianto’s state visit to South Korea has yielded major economic gains, with businesses from both countries signing memorandums of understanding (MoUs) worth US$10.2 billion (around Rp173 trillion). The figure was announced by Coordinating Minister for Economic Affairs Airlangga Hartarto after attending the “Indonesia–Korea Partnership for Resilient Growth” forum in Seoul on … Read more

Prabowo Returns Home to Jakarta After Securing Deals in Japan, South Korea

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TEMPO.CO, Jakarta – Indonesian President Prabowo Subianto arrived at Halim Perdanakusuma Air Force Base in Jakarta early Thursday morning, after completing his tour of two East Asian countries: Japan and South Korea. The Garuda Indonesia-1 aircraft carrying President Prabowo and a limited entourage, including Cabinet Secretary Teddy Indra Wijaya, landed at approximately 12:01 a.m. Western Indonesian Time … Read more

Prabowo Wants to Place Special Envoys in Every Indonesian State-Owned Company

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TEMPO.CO, Jakarta – Indonesian President Prabowo Subianto will assign special presidential envoys to state-owned companies. The Head of State announced this at the Danantara Investment Management Agency’s anniversary celebration held at Wisma Danantara, Jakarta. Prabowo stated that he has appointed several special presidential envoys. Some of the special envoys Prabowo has appointed since taking office include Muhamad … Read more

LPDP Says It Cannot Guarantee Employment for Scholarship Alumni

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TEMPO.CO, Jakarta – The chief executive officer of Indonesia’s Education Fund Management Institute (LPDP), Sudarto, said the agency cannot guarantee employment for its scholarship alumni after they complete their studies. “Can LPDP guarantee that alumni will secure employment upon their return? That is beyond LPDP,” Sudarto said at a press conference at the Ministry of … Read more

Ray Dalio’s Unexpected Revelation: What Happened?

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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-Blackrock Deal: Indonesia Gaza Row

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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

Indonesia, Qatar Agree on $4B Co-Investment Fund Led by Danantara, QIA

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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

Danantara to start investing by the end of this month – Markets

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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

Currency Analysts Link Rupiah Recovery to Trump’s Postponed Tariffs

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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