Public opinion has split on Danantara, which aims to consolidate major state-owned enterprises (SOEs) including those in the banking sector, at a time when state budget cuts have raised concerns that ...

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

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

To secure a successful free trade agreement with ASEAN, Canada must loosen its progressive trade demands and embrace ...

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

Indonesia’s right-wing president Prabowo was elected with a commanding share of the youth vote in 2024. This year, a new ...

Indonesian President Prabowo Subianto launched two "bullion banks" on Wednesday that will provide gold deposit services to help keep stocks of gold onshore as the country looks to develop its ...

Senior Russian security official Sergei Shoigu on Tuesday held talks with Indonesia's president and defense minister as Moscow and Jakarta look to bolster defense and security ties. Shoigu, a key ally ...

According to the secretary of the Russian Security Council, Russia helped Indonesia train more than 6,800 military officers throughout the years ...

According to Sergey Shoigu, he told Prabowo Subianto about the latest actions and steps taken with regard to Ukraine and the talks on the Russia-US track ...

JAKARTA, Indonesia (AP) — Russia and Indonesia took steps on Tuesday to strengthen their defense ties with a meeting between ...