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Search result with “State Capital Nusantara” as a keyword founded 203 news.

Nusantara to Complete 40-Meter-Wide Main Road in Six Months

... . Basuki Hadimuljono, head of the Nusantara Capital Authority, said the project has ... consortium of many companies, mostly state-owned construction companies such as ... Completed in Indonesia’s Future Capital Nusantara The six-month timeline aligns ...
Business Jun 12, 2025 | 4:08 am

Jakarta Prepares Bank DKI, PAM Jaya for IPO

... of the program is taking state-owned enterprises (BUMD) public through ... here. Even if the capital moves to Nusantara, Jakarta will remain a ...
Business Jun 3, 2025 | 8:24 pm

First Ministerial Office Buildings Completed in Indonesia’s Future Capital Nusantara

... Asmoko, Director of Operations at state-owned construction firm Waskita Karya ... Makes First Official Visit to Nusantara Capital City A day earlier, Vice ... President Gibran Rakabuming Raka and Nusantara Capital Authority Head Basuki Hadimuljono visited ...
News May 30, 2025 | 11:43 am

Prabowo Gathers Indonesian Tycoons for Talks on Danantara

... , which will consolidate assets of state-run enterprises, is only a ... invested in Indonesia's new capital Nusantara. Last but not least, Tomy ...
Business Mar 7, 2025 | 9:03 am

Danantara Exec Talks Global Acquisitions, Bank Withdrawal Fears

... Pengelola Investasi Daya Anagata Nusantara (BPI Danantara), is setting ... capital and debt-based financing. The fund aims to manage state ... the management of 47 state-owned enterprises (SOEs), overseeing ... to withdraw funds from state-owned banks over concerns ...
Business Feb 28, 2025 | 9:30 pm

Danantara May Intervene to Stabilize SOE Stocks as Investor Confidence Wavers

... Nusantara (Danantara), is considering stepping in as a standby buyer for state ... -owned enterprises (SOEs) looking to strengthen their capital ... SOE stocks in the capital market as part ... and Economic Growth Beyond capital market intervention, Danantara is ...
Business Feb 27, 2025 | 4:47 pm

Danantara to Take Over All SOEs by March, Forming $900 Billion Wealth Fund

... Nusantara (Danantara), will assume management of all 47 state- ... will consolidate seven key state-owned enterprises: Bank Mandiri ... 325.8 trillion), directing capital toward mineral processing, AI, ... sovereign wealth funds. The State-Owned Enterprises (SOEs) ...
Business Feb 27, 2025 | 1:58 pm

Nusantara Secures Rp 1.2 Trillion Investment for Public Facilities

... capital, Nusantara, East Kalimantan. The agreements, signed on Monday, involve Surabaya State ... University and four construction companies: Balikpapan Ready Mix Nusantara, ... s ongoing infrastructure expansion. Nusantara Authority Head Basuki Hadimuljono ...
Business Feb 25, 2025 | 12:01 pm

Danantara to Eventually Oversee Entire SOE Portfolio, CEO Rosan Says

... , Daya Anagata Nusantara (Danantara), will oversee all state-owned enterprises ... restructuring of Indonesia’s state assets. The initial phase ... 325.8 trillion), channeling capital into strategic projects focused on ... the country’s vast state-owned assets to drive ...
Business Feb 24, 2025 | 7:07 pm

Prabowo Appoints Rosan, Pandu, and Dony to Lead $900 Billion Danantara Fund

... wealth fund, Daya Anagata Nusantara (Danantara). The fund is ... currently Deputy Minister of State-Owned Enterprises (SOEs), ... Seabank Indonesia, and Intermedia Capital (MDIA), the parent company ... of state-owned assets. The entity will drive capital allocation ...
Business Feb 24, 2025 | 5:06 pm

Indonesia Drops Nusantara Study Visits to Egypt, Turkey, and India Due to Budget Constrains

... designs in Indonesia’s new capital, Nusantara, due to budget efficiency measures ... Minister Agus Harimurti Yudhoyono and Nusantara Capital Authority Head Basuki Hadimuljono before ... trillion ($5 billion) reduction in state spending. The cuts have impacted ...
News Feb 22, 2025 | 11:22 am

Luhut Reassures Public on Danantara as Calls to Withdraw Funds from State Banks Rise

... country’s reliance on state budgets and international lenders. ... Danantara, short for Daya Anagata Nusantara (meaning “the future power ... management of Indonesia’s largest state-owned enterprises (SOEs), ... founding partner of venture capital firm AC Ventures and ...
Business Feb 18, 2025 | 3:56 pm

Turkish President Erdogan Backs Prabowo’s 3 Million Housing Dream

... on the multibillion-dollar capital relocation. Indonesia is currently ... constructing an entirely new capital from scratch in East ... in [Indonesia’s new capital] Nusantara development by involving our world ... idle lands owned by state-owned enterprises such as ...
News Feb 12, 2025 | 9:05 pm

What We Know About Danantara, Indonesia’s Second Sovereign Wealth Fund

... .5 billion in capital and state assets, becoming operational ... responsibilities in managing state investments in strategic sectors ... of the new national capital, Nusantara, a project initiated ... it significant control over state assets. Despite these concerns ...
Business Feb 5, 2025 | 6:29 am

Prabowo to Continue Nusantara Development with $3 Billion Budget Until 2029

... development of the new national capital, Nusantara, in East Kalimantan, a ... meeting with Prabowo at the State Palace in Jakarta. With ... the State Palace and the Garuda ... for the full capital relocation from Jakarta to Nusantara. However, the ...
Business Feb 4, 2025 | 3:29 am

DPR Set to Approve Revised SOEs Law, Paving the Way for Danantara Investment Superholding

... of investment superholding Daya Anagata Nusantara (Danantara), that would manage ... managing state-owned enterprises' investments. The law stipulates that the minimum capital ... law. Establishing the Daya Anagata Nusantara Investment Management Agency (BPI ...
Business Feb 3, 2025 | 5:47 pm

Axiata, Sinar Mas Ink LoI on XLSmart $6.5 Billion Merger

... construction site of the new state capital Nusantara in East Kalimantan, on June ...
Tech Jan 28, 2025 | 10:52 am

Prabowo Remains Fully Committed to Nusantara Despite Lack of Visit as President: Spokesman

... ’s commitment to the new capital Nusantara development is no less than ... up pace for the State Mosque in Nusantara, which broke ground early ... would gradually allocate less state budget to the capital relocation. Dedek also ...
News Jan 20, 2025 | 8:00 am

Banks in New Capital to Begin Operations Next Year

... Construction in the new capital Nusantara is very much in progress ... in the new capital, including the state-run bank Mandiri and ... its digital services office in Nusantara last February. BRI is ... government officials, will move to Nusantara later in the future. ...
Business Jan 20, 2025 | 7:25 am

Jokowi Doesn’t Mind Prabowo Evaluating His National Strategic Projects

... of Indonesia's new capital Nusantara in East Kalimantan on ... building an entirely new capital called Nusantara in East Kalimantan ... not having included the capital relocation in his priority ... state budget for the relocation. [I] have long entrusted [the capital ...
News Jan 14, 2025 | 4:15 pm
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