Less than a year since taking office in October 2024, Indonesia’s President Prabowo Subianto has doubled down on ambitious ...

Freeport Indonesia said negotiations on the government's planned acquisition of additional company shares are ongoing.

Wamildan Tsani, the CEO of Garuda Indonesia, has addressed the plan of business consolidation or merger with the airline ...

Indonesia's Finance Minister Purbaya Yudhi Sadewa said on Friday he saw no need to change the rules on the fiscal deficit ...

Rosan Roeslani, CEO of Danantara Indonesia, stated that Danantara is still considering the plan to merge Garuda Indonesia and ...

I write about Asia's richest, fast-growing businesses, and startups. Sovereign wealth funds Danantara Indonesia and Indonesia Investment Authority (INA) are investing in Chandra Asri Pacific’s $800 ...

Finance Minister Purbaya Yudhi Sadewa plans to steadily increase the investment contribution of the Investment Management ...

With the creation of state-owned super holding company Danantara earlier this year, Indonesia now finds itself with not one, but two sovereign wealth funds. Why is this remarkable? Because state-owned ...

Indonesia plans to build a network of small modular refineries to process U.S. and domestic oil, aiming to reduce gasoline imports, but analysts warn the switch in strategy from large-scale refining ...

Indonesian sovereign wealth fund Danantara has signed a $1.42 billion heads of agreement with Chinese company GEM Co. Ltd. to develop a plant producing battery-grade nickel. The high-pressure acid ...