AIC

Danantara: a new hope or a phantom menace?

The establishment of Danantara, Indonesia’s new sovereign wealth fund (SWF), has sparked both optimism and scepticism. Modelled after successful SWFs like Singapore’s Temasek and Malaysia’s Khazanah, Danantara is expected to optimise the management of state-owned assets, drive economic growth, and enhance national welfare.

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