- Indonesia creates a Temasek-style sovereign fund
- Muliaman Hadad leads the ambitious investment initiative
- The project transforms state asset management strategies
Money Moves
Indonesia’s President-elect Prabowo Subianto announced plans for a sovereign wealth fund, signaling a major shift in the nation’s investment strategy.
The new Daya Anagata Nusantara Investment Management Agency will consolidate state investments under one roof.
Fresh Face at the Helm
Former financial expert Muliaman Hadad steps into the spotlight to lead this ambitious venture, pending parliament’s green light.
The organization aims to mirror Singapore’s successful Temasek model, managing government stakes across banking, mining, and other key sectors.
Digital Dreams
The administration strengthens its tech focus through strategic appointments, including seasoned politician Luhut Pandjaitan spearheading government digitalization efforts.
This move aligns perfectly over 100 new ministerial and advisory roles under Prabowo’s fresh leadership.
