Tag
Danantara
In Indonesia, President Prabowo’s ‘Ivy League Mafia’ Echoes the Past
By Larry Luckey
The Indonesian leader has surrounded himself with a circle of Western-educated economic advisors resembling the "Berkeley Mafia" that guided Suharto's New Order regime.
Why Sovereign Wealth Funds Are All the Rage in Southeast Asia
By James Guild
In an uncertain global climate, the state is playing a more assertive role in financial and capital markets.
Indonesia Approves Creation of Second Sovereign Investment Fund
By Sebastian Strangio
The Danantara fund, which will be seeded with at least $61 billion, will be placed under the direct supervision of the president's office.
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