18 June 2026 (closed)
Jakarta Composite Index (6,172.34) -48.40 -0.78%
Below is a list with tagged columns and company profiles.
Latest Reports Danantara
Some might say that we live in a period where market logic is hard to analyze. This sentiment resurfaced after the announcement that Indonesia's state sovereign wealth fund Danantara attracted a peak orderbook for its debut US dollar bond sales of around USD $4.6 billion, which is over three times the total issuance size.
Although losses were somewhat pared later on during the trading day, the Indonesian rupiah and benchmark stock index (Jakarta Composite Index) were still under plenty of pressure on Thursday (04 June 2026). The rupiah in fact passed beyond the psychological boundary of IDR 18,000 per US dollar, extending its record-low streak.
Investment holding company Danantara Investment Management, which manages various types of investment portfolios and financial assets for Indonesia's sovereign wealth fund Danantara, received an AAA (idn) rating from Fitch Ratings Indonesia.
Already, Indonesian government officials are discussing whether to raise Indonesia's stake in Freeport Indonesia, the mining giant that operates the lucrative Grasberg mine in Papua (one of the largest gold and copper mines in the world).
On Wednesday 05 March 2025, Indonesia Investments released the February 2025 edition of its monthly report. The report discusses a range of national and international topics that impacted on Indonesia in the month of February 2025.
Latest Columns Danantara
While the Daya Anagata Nusantara Investment Management Agency (Danantara) is officially structured as Indonesia's flagship sovereign wealth fund and investment engine, it has increasingly evolved into a powerful political actor.
Based on data from the Energy and Mineral Resources Ministry of Indonesia, total installed geothermal power capacity in the country currently stands at 2.74 gigawatt (GW). This puts Indonesia on second place in terms of utilization of geothermal power, after the United States (with installed capacity of 3.9 GW).
On 24 February 2025, Indonesian President Prabowo Subianto was joined by two former Indonesian presidents (Susilo Bambang Yudhoyono and Joko Widodo) when he launched Danantara, Indonesia’s new sovereign wealth fund. Likely, the presence of two former presidents served to underline the historic significance of this launch as well as underscoring broad-based political support for the move.
The reason why we frequently discuss Indonesia’s financial markets (especially the stock and money markets) in our monthly reports is because these markets reflect the degree of confidence there exists among domestic and foreign investors (which involves individuals as well as the big corporations) in global political and economic conditions and in the economic and fiscal fundamentals of Indonesia.
