Prabowo Subianto, Indonesia’s president, launched Danantara, a sovereign-wealth fund. At his disposal will immediately be the ...

There have been worries about the independence, integrity and credibility of Danantara. There is also skepticism about ...

Bahlil stated that one of the main projects funded by Danantara is the construction of an oil project storage in Nipah Island ...

A plan floated by President Prabowo Subianto to place representatives of religious organizations on the advisory board of the ...

Energy minister Bahlil Lahadalia states that an oil refinery with a capacity of around 500,000 barrels and an oil storage ...

According to an expert, Prabowo's move to involve former presidents has never been done by previous presidents.

Indonesia plans more than 20 energy projects worth around $40 billion this year, its energy minister said Tuesday, as it tries to increase domestic refining capacity. The projects include a bid to use ...

The massive sovereign wealth fund has come under scrutiny as analysts flag concerns about governance and political influence.

Analysts have warned that the fund will face challenges in winning investor trust given its governance structure.

Prabowo claims that he has secured more than Rp300 trillion from inefficiency, corruption, and improper spending, to be ...

Media expressed concerns about transparency of Danantara, particularly because it was not clear how the state's wealth funds ...