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View all search resultsSOE-Minister
Regulations 1 year ago
PREMIUM
Prabowo to fund $20 billion Danantara with budget cuts, SOE dividends
The fund’s immediate priority would be kickstarting 15 multibillion-dollar megaprojects without tapping external financing, according to the President, such as renewable energy, advanced manufacturing, downstream industries and food production.
Regulations 1 year ago
PREMIUM
Danantara to position itself as more domestic-focused wealth fund, head says
While the fund will still consider investments in foreign assets, Muliaman emphasized that its primary focus will be on financing local development and government projects, and foreign investors can provide funding alongside Danantara.
Regulations 1 year ago
PREMIUM
Govt ‘must not overlook’ public service tasks amid SOE shakeup
Analysts question how a new sovereign wealth fund will address the public service obligations (PSOs) of certain SOEs included in its portfolio, given that these firms are often instructed by the government to sell products below market prices or take on unprofitable projects.
Regulations 1 year ago
PREMIUM
Independence 'key' for new sovereign wealth fund to be 'like Temasek'
Investment Authority of Indonesia (IAI) Danantara head Muliaman Darmansyah Hadad said the newly established sovereign wealth fund would act as a manager of government assets “separated” from the state budget.
