
On 24 February 2025, the government has officially launched a sovereign wealth fund named Badan Pengelola Investasi Daya Anagata Nusantara (“Danantara”). The underlying regulation of the establishment of Danantara is Law No. 1 of 2025 on Third Amendment to Law No. 19 of 2003 on State-owned Enterprise (“Law No. 1/2025”) which was enacted...
