Indonesia’s faltering, $35bn plan to build a brand new capital city on the island of Borneo started 2025 with a reduction in ...

Indonesia’s future capital city will likely emerge unscathed with its budget intact even as a host of agencies see deep spending cuts to ensure more funding for President Prabowo Subianto’s ...

FILE PHOTO: General view of Garuda Palace, the future Presidential Palace, and ministerial offices under construction in the new capital city of Nusantara, a day before Indonesia's 79th ...

“The new capital city’s strategic environmental ... In constructing a purpose-built capital, Indonesia will be taking a path that others have in the past, including Pakistan, Brazil and ...

New sovereign wealth fund Danantara Indonesia will focus on large-scale projects generating good returns as it prioritises ...

Prabowo previously said that Danantara would become a major capital management institution in Indonesia. It is expected to manage assets worth around $900 billion and operate similarly to ...

Construction of Indonesia’s new capital has been hit by a public financing roadblock, with no budget to develop the city this year so far forthcoming, according to local media reports. A plan to move ...

Indonesia launched a sovereign fund, which is expected to boost growth of Southeast Asia's biggest economy, on Feb 24.

Indonesia unveils Danantara, a sovereign wealth fund with US$900 billion AUM, set to restructure SOEs and drive economic ...

JAKARTA] Indonesia launched the Danantara investment fund on Monday (Feb 24), a high-stakes, multi-billion-dollar initiative ...