The purchase is part of a long-term plan to support better services for Indonesian haj and umrah pilgrims Read more at The ...

Under the agreement, both Danantara and Thakher Development will acquire the Novotel Makkah Thakher City, a 1,461-room hotel, ...

A strategy by Indonesian sovereign wealth fund Danantara to raise capital is offering the government more flexibility in ...

Danantara Indonesia has announced the signing of an agreement with Thakher Development Company for the acquisition of hotel ...

Danantara believes that the restructuring process of state-owned enterprises (BUMN) will create many efficiencies.

Indonesian sovereign wealth fund Danantara’s growing momentum in state-firm restructuring is putting fresh focus on its $1.4 billion bet on PT Garuda Indonesia, a key test of its ability to revive ...

A capital injection from the Daya Anagata Nusantara Investment Management Agency ( Danantara) at the end of this year marks a ...

Talk of a potential merger between tech giants Grab and GoTo first started in February 2020, but could a deal be now closer ...

Sovereign wealth fund, Danantara Indonesia, has agreed to invest in the $1.4 billion nickel smelting facility being developed by Chinese battery maker GEM and Brazilian miner Vale in Central Sulawesi ...

Umm Al Qura for Development Construction Company, the owner, developer, and operator of Masar Destination, signed a strategic ...

Danantara CEO signals “positive” progress on the proposed GoTo–Grab merger, which would dominate Indonesia’s ride-hailing market.