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

Prabowo wants to tap into the fund's assets -- planned to be more than US$900 billion -- to boost Indonesia to developed ...

In January Mr Prabowo launched a cost-cutting drive unlike any the country has seen. He is seeking approximately $19bn in ...

TEMPO.CO, Jakarta - Hashim Djojohadikusomo, the presidential special envoy on climate and energy, said the Indonesian ...

National Economic Council (DEN) member Chatib Basri acknowledges that the current administration has little room to boost ...

Italian energy group Eni and Malaysia's state energy firm Petroliam Nasional Bhd (Petronas) signed a deal to create a joint ...

Malaysia missed key opportunities to establish such a fund, especially in 1990 and following the 1Malaysia Development Berhad ...

Saudi Arabia printed €1.5bn 3.375% 2032s and €750m 3.75% 2037s on Tuesday, the former being its first ever green bonds. The ...

The project was met with criticism from experts, who said a seawall would not solve land subsidence in Jakarta and warned that building such a massive seawall could instead exacerbate the issue.

The President’s top adviser and brother has said several foreign investors have expressed interest in collaborating on ...