The establishment of Danantara, a Sovereign Wealth Fund (SWF), signifies a significant shift in the management of state-owned assets in Indonesia. In past times, state-owned enterprise (SOE) earnings were sent straight to the national budget without any consideration for long-term growth. Following the example of Temasek Holdings (Singapore) and Khazanah Nasional (Malaysia), Danantara is now a […]
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