The hard road to a clean and profitable Danantara

The recent inauguration of Danantara, Indonesia’s new sovereign wealth fund, marks a remarkable development in the Southeast Asian nation’s economic strategy. Established through amendment to the State-Owned Enterprises Law (Law No. 1), Danantara’s creation has sparked significant discussion, often drawing comparisons with regional giants such as Singapore’s Temasek Holdings and Malaysia’s Khazanah Nasional. Yet, a
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