Reported about 8 hours ago
Indonesia's parliament has approved an amendment to its state-owned enterprises law, enabling the establishment of a new investment agency named Daya Anagata Nusantara (Danantara). This agency is set to manage approximately $61 billion in state assets, aiming to stimulate economic growth to 8% during President Prabowo Subianto's term. Danantara will oversee various state firms and invest in strategic initiatives, including education, housing, and self-sufficiency in food and energy.
Source: YAHOO