Stefanno Sulaiman
Stories by Stefanno Sulaiman
Indonesia’s $48b social security fund looks to double equities exposure
The recent market crash has created room to invest in undervalued shares.
Indonesia stocks plunge 9% as market opens after holiday break, rupiah drops to record low
The main index fell 9.2% to its lowest since June 2021 in early deals.
Indonesia’s new sovereign fund will run with commercial mindset
Danantara has been described by officials as Indonesia's version of Temasek fund.
Indonesia’s new sovereign wealth fund Danantara to invest $20b in projects
It is expected to manage more than $900 billion worth of assets.
Indonesian parliament gives nod for Temasek-like investment arm
Danantara will aim to improve performance and returns from state investments.
Indonesia’s FDI grew 21% to touch $55b in 2024
Singapore, China and HK were the biggest sources of FDI in Q4 2024.
Indonesia to hike VAT across the board, not just luxury goods
It will introduce measures to soften the blow on lower-income earners.
Apple proposes to invest $100m for new plant in Indonesia
This comes after Indonesia banned sales of iPhone 16 over local rules on components.
Indonesia plans to establish new state investment firm
The new agency will be a holding company for state investments, similar to Temasek.
Indonesia plans $65b green fund from selling carbon credits by 2028
A new regulator for carbon emission rules will be established to oversee efforts to reach Indonesia's emissions targets.
