Danantara Rules Out IPO for New Export Agency

Indonesia’s newly established export agency, Danantara Sumberdaya Indonesia (DSI), has confirmed there are no immediate plans to go public, as the country’s trade system undergoes a significant restructuring. The move comes amid heightened scrutiny of the sovereign wealth fund’s role in centralizing exports of key commodities like palm oil, coal, and ferroalloy. President Prabowo Subianto’s … Read more

Danantara Manages $12 Billion in Assets

Indonesia’s sovereign wealth fund, Danantara Indonesia, currently manages approximately $12 billion in investments, according to Chief Investment Officer Pandu Satria Sjahrir. Currency Fluctuations and Investment Value Speaking at the Investor Daily Roundtable at Hotel Mulia Senayan in Jakarta on Tuesday, Sjahrir noted that the fund’s investment value has declined from roughly $14 billion at the … Read more