Juan Ardya Guardiola, Jakarta – State-Owned Enterprises (SOEs) Minister Erick Thohir announced on Saturday that he plans to transfer assets from all 47 SOEs, valued at approximately $90

Dinda Shabrina, Jakarta – The exchange rate of the rupiah has been consistently under pressure since the closing of trade last Friday, February 28, 2025, reaching Rp 16,520 per US dolla

Dinda Shabrina, Jakarta – The exchange rate of the rupiah against the United States dollar experienced considerable pressure during the final week of February 2025.

Jakarta – Growing public distrust of the newly formed sovereign wealth fund, Daya Anagata Nusantara (Danantara), has sparked online discussions on switching banks and cash withdrawals,

Jakarta – New sovereign wealth fund Danantara Indonesia will focus on large-scale projects generating good returns as it prioritises sectors championed by the government to increase eco

Trissia Wijaya – The idea of creating a 'superholding' of state-owned enterprises (SOEs) – promoted during his presidential campaign by Prabowo Subianto – is now becoming a reality.

Bambang Ismoyo, Jakarta – Indonesia's sovereign wealth fund, Daya Anagata Nusantara (Danantara), will assume management of all 47 state-owned enterprises (SOEs) by the end of March, mar

Bambang Ismoyo, Jakarta – A top executive of Danantara has denied reports claiming that the newly established sovereign wealth fund enjoys complete legal immunity from prosecution.

Muawwan Daelami, Jakarta – Indonesia's sovereign wealth fund, Daya Anagata Nusantara (Danantara), is considering stepping in as a standby buyer for state-owned enterprises (SOEs) lookin

Ni Made Sukmasari, Jakarta – Chief Economist of Permata Bank Josua Pardede assesses nominating former British Prime Minister Tony Blair as Supervisory Board of Danantara Investment Mana

Dinda Shabrina, Jakarta – The IDX Composite (IHSG) remained below the 6,600 mark, closing today's trading session with a 2.23 percent dip to 6,458.3.

Erfan Maruf, Jakarta – The establishment of Indonesia's sovereign wealth fund, Daya Anagata Nusantara (Danantara), marks more than just an economic milestone – it is a deeply personal m

Jayanty Nada Shofa, Jakarta – Indonesia's newly minted gold bullion banks are expected to give a multibillion-dollar boost to the country's economy, according to President Prabowo Subia

Dinda Shabrina, Jakarta – Indonesia Composite Index (IHSG) continued to weaken in trading on Tuesday, February 25, 2025.

Vinnilya, Celvin Moniaga Sipahutar, Jakarta – Indonesia's newly launched sovereign wealth fund, Daya Anagata Nusantara (Danantara), is drawing attention not only for its ambitious $900

Aditya Hadi and Ruth Dea Juwita, Jakarta – President Prabowo Subianto launched Danantara, the nation's newest sovereign wealth fund, with US$20 billion in initial capital on Monday, but

Sukma Kanthi Nurani, Jakarta – President Prabowo Subianto officially inaugurated Daya Anagata Nusantara Investment Management Agency (BPI Danantara) at the Presidential Palace in Centra

Ervana Trikarinaputri, Jakarta – A researcher at the Center for Strategic and International Studies (CSIS) Department of Economics, Deni Friawan, scrutinizes the organizational structur

Jakarta – President Prabowo Subianto on Monday launched a new sovereign wealth fund set to be the biggest in Indonesia and give the leader greater control of the country's coffers.

Celvin Moniaga Sipahutar, Jakarta – Indonesia's newly launched sovereign wealth fund, Daya Anagata Nusantara (Danantara), will oversee all state-owned enterprises (SOEs) as part of a br

Jakarta – The country's sixth and seventh presidents Susilo Bambang Yudhoyono and Joko "Jokowi" Widodo, respectively, joined President Prabowo Subianto on Monday in a lavish event at th

Indonesia on Monday launched a new sovereign wealth fund that will aim to manage state assets worth more than $900 billion as President Prabowo Subianto looks to turbo-charge growth in

Antara, Jakarta – Bank Indonesia recently reported that the national QR code payment system had recorded around Rp 80.9 trillion (approximately $4.9 billion) in transactions throughout

Jakarta – The government's drive to save US$44 billion through massive state budget cuts is a certainly a feat, but when we heard that some $20 billion was set to be channeled to the so

Novie Fauziah, Jakarta – The sovereign wealth fund Danantara will become Indonesia's new strategy to make the best use of its state assets, according to a presidential special envoy.

Jayanty Nada Shofa, Jakarta – Indonesia is trying to lure its foreign partners into work together with its freshly launched Danantara, the country's sovereign wealth fund that is expect

Muhammad Firman, Vinnilya, Jakarta – President Prabowo Subianto has appointed seasoned businessmen Rosan Roeslani, Pandu Sjahrir, and Dony Oskaria to lead Indonesia's newly launched sov

Arnoldus Kristianus, Jakarta – Bank Indonesia kept its benchmark interest rate at 5.75 percent in a bid to control inflation and support the rupiah amid global economic uncertainty.

Erfan Maruf, Jakarta – Luhut Binsar Pandjaitan, Chairman of Indonesia's National Economic Council (DEN), has addressed growing concerns following a viral call on social media to withdra

Juan Ardya Guardiola, Bogor – The newly established sovereign wealth fund Danantara will finance 35 large-scale national projects throughout this year, a close ally of President Prabowo

Herman, Jakarta – Reports have surfaced online alleging that customer data from Bank Central Asia (BCA) was leaked following a cyberattack by an individual claiming to be the notorious

Indah Handayani, Jakarta – Indonesia's rupiah opened weaker against the US dollar on Thursday morning, pressured by slowing economic growth.

Monique Handa Shafira, Jakarta – The Financial Services Authority (OJK) has issued Regulation No.

Indah Handayani, Jakarta – The rupiah continued its downward slide against the US dollar on Friday, closing at Rp 16,304 per US dollar.

Hendro Situmorang, South Tangerang – The value of cryptocurrency trading in Indonesia surged by an astonishing 335.9 percent year-on-year in 2024, reaching Rp 650.61 trillion ($40.2 bil

Vinnilya, Jakarta – Bank Indonesia's (BI) decision to cut the benchmark interest rate by 25 basis points to 5.75 percent has raised concerns among economists about its impact on the exc

Basudiwa Supraja, Erfan Maruf, Jakarta – Chief Economic Affairs Minister Airlangga Hartarto said Wednesday that Bank Indonesia's decision to cut the key interest rate to 5.75 percent co

Arnoldus Kristianus, Jakarta – Bank Indonesia (BI) lowered its benchmark interest rate by 25 basis points to 5.75 percent during its January policy meeting, marking its first cut in fou

Muhammad Ghafur Fadillah, Jakarta – The Financial Services Authority (OJK) is evaluating the implementation of a Single Investor Identification (SID) system for cryptocurrency owners, w

Jakarta – The collapse of several peer-to-peer lending fintech companies has brought much concern to individual investors. They were late in anticipating the huge risks involved.

President Joko "Jokowi" Widodo opened the first trading day of 2016 at the Indonesia Stock Exchange (IDX) on Monday as the Jakarta Composite Index (JCI) dropped 0.25 percent to 4,581 as

Prima Wirayani and Norman Harsono – Bank Indonesia intervened to stabilize the rupiah after President Prabowo Subianto's surprise decision to scale back a tax hike sent the currency wea

Indah Handayani, Jakarta – The Indonesian rupiah weakened sharply against the US dollar at Friday's close, depreciating by 0.28 percent to Rp 16,235 per dollar, amid mounting external p

Antara, Jakarta – As many as 20 rural banks (BPR) were shut down by the Financial Services Authority (OJK) in 2024 after shareholders and management failed to implement effective recove

Vinnilya, Jakarta – Indonesia's rupiah is expected to face continued depreciation into early 2025, according to Dian Ayu Yustina, Head of Macroeconomic and Financial Market Research at

Ilona Estherina, Jakarta – Bank Indonesia (BI) has reported rapid growth in payments using the Quick Response Code Indonesian Standard (QRIS), while transactions made with debit cards h

Antara, Jakarta – Bank Rakyat Indonesia (BRI), the country's largest state-run bank by assets, assured customers that their data and funds remain secure and that normal transactions con

Arnoldus Kristianus, Jakarta – Bank Indonesia (BI) has decided to keep its benchmark interest rate at 6 percent to maintain inflation within its target range of 2.5 percent for 2024 and

Antara, Jakarta – The value of cryptocurrency transactions in Indonesia reached Rp 475.13 trillion ($29.63 billion) by October 2024, a 352.89 percent year-on-year increase, according to

Jayanty Nada Shofa, Jakarta – A top brass at the Asian Development Bank (ADB) recently said that the international lender was not worried about Indonesia's ability to pay off the money