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

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 ...

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

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

Danantara's Garuda rescue is more than a bailout--it's the make-or-break test for Indonesia's entire state-owned empire.

Indonesia’s Danantara plans to slash the number of state-owned enterprises from 1,000 to only 200 because more than half are ...

The public shareholding in Garuda Indonesia drops from around 27 percent to 7.96 percent due to a private placement by ...

Indonesia plans a US$1.2 billion investment in feed mills to boost poultry feed production. The initiative targets rising ...

JAKARTA: President Prabowo Subianto launched Danantara, the nation’s newest sovereign wealth fund, with US$20 billion in initial capital on Monday (Feb 24), but analysts have warned that the fund will ...

Patrick Walujo has stepped down as CEO of GoTo Gojek Tokopedia Tbk (GoTo), a move that appears to open the way for ...