Business News
Indonesia’s Sovereign Wealth Fund Danantara Aims to Triple Assets by 2030
Danantara Indonesia, the country’s sovereign wealth fund, unveiled an ambitious plan to triple its managed assets by 2030 through strategic consolidation and value creation, senior leadership announced at the World Economic Forum in Davos. Currently managing roughly USD 900 billion in assets, Danantara plans to streamline around 1,068 state-owned enterprises…
Potato Downstreaming Becomes Key to Increasing Farmer Value-Add in Kerinci
The Minister of Agriculture emphasized that the potato commodity downstreaming program is a crucial factor in transforming the economy of farmers in Kerinci Regency, Jambi. By developing processing industries at the local level, farmers will no longer just sell raw produce but will be able to produce derivative products with…
Chinese New Year and Eid al-Fitr 2026 Predicted to Boost Malang Raya's Economy
The economy in the Malang Raya region is expected to grow rapidly ahead of the Chinese New Year celebrations, which are close to the Eid al-Fitr momentum in 2026. The trade and manufacturing sectors are the primary engines feeling the positive impact of increased public purchasing power during this period.…
Danantara Ready to Boost National Ship and Train Production
The Danantara Investment Management Agency is moving swiftly to increase production capacity in strategic transportation sectors, specifically maritime vessels and trains. This step is being taken through strong investment synergy to strengthen logistics fleets and inter-regional connectivity across Indonesia. The primary focus of this initiative is to ensure that national…
