#Funding
Purbaya approves village fund-backed loan scheme for ‘Red-and-White’ cooperatives
Finance Minister Purbaya Yudhi Sadewa has signed a letter guaranteeing loans from state-owned banks (Himbara) to the Red-and-White Village and Urban Cooperatives (KDKMP), backed by village funds aimed at resolving the months-long issue surrounding the disbursement of credit for the government-backed cooperative program.
Economic Council chief backs private funding scheme for Indonesia’s family office initiative
Chairman of the National Economic Council (DEN), Luhut Binsar Pandjaitan, has responded to Finance Minister Purbaya Yudhi Sadewa’s remarks regarding the formation of family offices − private wealth management firms designed for Indonesia’s ultra-rich.
Prabowo slams SOEs mismanagement, puts faith in Danantara for jobs, growth
President Prabowo Subianto has renewed his commitment on the Indonesian people’s livelihood, citing that the establishment of the state investment management agency BPI Danantara’s will help create millions of jobs.
Global investors boost confidence in BRI after government’s Rp55 T fund placement
PT Bank Rakyat Indonesia (BRI) has regained strong momentum in the eyes of global investors, following a fresh buy recommendation upgrade in the wake of the Indonesian government’s recent placement of Rp55 trillion (US$3.3 billion) in the bank.
Venteny expects to secure Rp300-400 billion loan from Japanese investors
Technology-based financial services firm PT Venteny Fortuna International (VTNY) is expected to secure additional loans worth Rp300–400 billion (US$24.3 million) from Japanese investors by the end of 2025.
Danantara prepares 33 strategic projects, waste-to-energy as key
Indonesia’s sovereign wealth fund BPI Danantara is set to launch 33 strategic projects, one of which is a major waste-to-energy (WtE) program aimed at turning waste into renewable energy.
Pertamina seeks US$2.5 billion short-term loan amid market uncertainty
Indonesia’s state-owned energy company PT Pertamina is seeking a short-term loan worth US$2.5 billion (Rp40.9 trillion), a transaction expected to be one of the country’s largest U.S. dollar loan deals this year.
Danantara Indonesia to issue US$3.1 billion “Patriot Bonds” for strategic projects
The country’s investment management agency BPI Danantara, or Danantara Indonesia, is preparing to launch Patriot Bonds up to US$3.1 billion (Rp50 trillion), which will be allocated to several national strategic projects, including large-scale waste management.
Indonesia plans sovereign AI fund to become regional technology hub
The Ministry of Communication and Digital Application (Komdigi) has launched the National Artificial Intelligence Roadmap White Paper, proposing the creation of a sovereign Artificial Intelligence (AI) fund − to be managed by Danantara Indonesia − aimed at positioning Indonesia as a regional hub for AI technology.
Without clear funding scheme, investors will "smile, nod, then flee”: Sri Mulyani
Minister of Finance Sri Mulyani Indrawati has highlighted a critical gap in Indonesia’s infrastructure development − the lack of credible funding plans −which she says is the main reason private investors remain hesitant to engage in large-scale national projects.