Indonesia’s Prabowo officially establishes Danantara, which is modelled on Singapore’s investment arm Temasek.

A sweeping overhaul of how Indonesia runs its powerful state companies will create a multibillion-dollar investment vehicle that could give President Prabowo Subianto a major cache of funds to deploy ...

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 Southeast ...

Budget cuts by the Indonesian government leading to widespread cancellation of official meetings and travel have left hotels ...

Prabowo on Monday inaugurated the new fund, known as Daya Anagata Nusantara or Danantara, which is modeled partly on ...

Over two decades and 37 surgeries on, Chusnul Chotimah is still reeling from the night she survived the Bali bombing, which ...

Indonesia has canceled planned study trips to Egypt, Turkey, and India for Nusantara’s building designs due to budget ...

Jakarta Deputy Governor Rano Karno stated that the budget cut from the central government's aid is relatively small.

Thousands of students staged 'Dark Indonesia' protests in cities across the country over the past week. Read more at ...

Nationwide student protests against Indonesian President Prabowo Subianto's budget cuts continued in Jakarta on Feb 21, ...

Thousands of Indonesians rallied nationwide Friday to protest budget cuts by President Prabowo Subianto's government aimed at ...

Indonesia's leader swore in more than 900 local officials on Thursday, with their five-year term starting alongside sweeping budget cuts that analysts warned may hurt local development programs.