Indonesia, Apple reach agreement to lift iPhone ban Apple Inc. has reached an agreement with Indonesia to invest in the ...

The country launched its new sovereign wealth fund Danantara, the latest initiative by President Prabowo Subianto to deliver on his ambitious economic growth target of 8% within his first term.

Indonesia’s faltering, $35bn plan to build a brand new capital city on the island of Borneo started 2025 with a reduction in ...

Nationwide student-led protests in Indonesia against austerity measures have emerged as the first major political challenge ...

The wealth fund is committed to optimizing the role of SOEs as the backbone of national development, contradicting President ...

Can we do it? Yes, we can. I don’t know how long it will take, but insya Allah [God willing], with strong determination, we ...

The recent drastic budget cuts were a surprise, given that Prabowo had signaled he would pursue an expansionary fiscal policy.

Authority had been hoping for a slice of Danantara’s capital to support the megaproject’s development, its head Basuki Hadimuljono said on Monday.

Malaysia has not yet signed off on the contract to search the seabed for MH370 wreckage, casting uncertainty over whether a search has begun.

Pandu Sjahrir, CIO of Danantara, says the goal of the fund is to support "investors, global investors, to be able to invest ...