Danantara

KPK Ensures No Conflict of Interest Despite Joining Danantara’s Structure

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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

Indonesia’s energy transition in doubt as US pulls out of US$20 billion coal phase-out plan

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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

Govt banking on Danantara to help expand Garuda’s fleet – Companies

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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

Hashim courts Ray Dalio from Bridgewater Associates to join Danantara – Companies

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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

Economist Speaks about Tony Blair Joining Danantara Supervisory Board

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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

Prabowo to Launch Danantara at the Presidential Palace in Jakarta Tomorrow

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TEMPO.CO, Jakarta – Indonesian President Prabowo Subianto will inaugurate the Sovereign Wealth Fund of the Archipelago Investment Management Agency, or Danantara, on Monday, February 24, 2025. The inauguration will take place at 10:00 AM local time in the Central Courtyard of the Presidential Palace in Jakarta. The Deputy of Protocol, Press, and Media at the … Read more

‘Most deadly 100 days’: Indonesia’s Prabowo faces major student protests against costly policies

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Four months into his presidency, Indonesia’s Prabowo Subianto is facing his first nationwide student protests, whose demands include a thorough evaluation of his costly programmes, cabinet choices and austerity-driven budget cuts. The protests, dubbed Indonesia Gelap, or Dark Indonesia, took place on Monday and Tuesday in several cities across the country, such as Jakarta, Bandung, … Read more

Indonesia to Launch Danantara Investment Body with $20 Billion Initial Funding

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Jakarta, CNN Indonesia — President Prabowo Subianto has announced that Indonesia’s new investment management body, Daya Anagata Nusantara (Danantara), will be launched on February 24, 2025. Prabowo made… The post Indonesia to Launch Danantara Investment Body with $20 Billion Initial Funding appeared first on NewsyList. Source link