JAKARTA, Feb 24 — President Prabowo Subianto on Monday signed a regulation that officially established a new sovereign wealth fund, ‘Danantara Indonesia’, which will hold government stakes in state firms and is intended to operate like Singapore's investment arm Temasek.
By Danial Dzulkifly SHAH ALAM, Dec 5 — Former Bank Negara Malaysia governor Tan Sri Muhammad Ibrahim today proposed a comprehensive strategy for Selangor’s economic transformation, advocating for the creation of a dedicated state statistics bureau, an economic advisory council, and a sovereign...
MANILA, July 18 — Philippine President Ferdinand Marcos Jr today approved a bill creating the country’s first sovereign wealth fund, which he touted as a key plank of his economic goals to modernise infrastructure and accelerate growth.
KUALA LUMPUR, Feb 27 — The government should set up a new sovereign wealth fund as part of its efforts to improve transparency and accountability in managing oil and gas revenue, said former finance minister Lim Guan Eng.
JAKARTA, March 11 — Indonesia's new sovereign wealth fund is exploring investment in dozens of projects, including toll road concessions worth US$2.6 billion (RM10.7 billion), in its first foray into infrastructure assets, a deputy minister said on Wednesday.
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