Danantara stated that the reduction is necessary due to the significant financial losses incurred by many SOEs.

Jordan’s king and Indonesia's leader on Friday held talks as the two longtime friends agreed to strengthen military ...

Garuda Indonesia's subsidiary, Citilink, will receive Rp14.9 trillion of the total capital injection from Danantara amounting ...

State asset fund Danantara Indonesia expects PT Garuda Indonesia to become profitable again in 2026, citing a comprehensive ...

The Indonesian government fully backs a possible merger between ride-hailing and food delivery firm GoTo and Singapore-based ...

Indonesia’s sovereign investment body Danantara said Friday that restoring Garuda Indonesia’s grounded aircraft to full operation by 2026 is its ...

The national flag carrier, PT Garuda Indonesia, is prioritizing aircraft repair efforts after securing Rp23.67 trillion (US$1,3 billion) in capital investment ...

Ride-hailing companies Grab and GoTo are in talks to offer Indonesia’s sovereign wealth fund a “golden share” to gain ...

The government must now cap land-use rights at Nusantara at 95 years instead of 190 years Read more at The Business Times.

Danantara is in talks to take a “golden share” in the combined entity, the sources say Read more at The Business Times.