Danantara
News,Indonesia,China,Electric Vehicles & Mobility
Danantara partners China’s GEM for $1.4B HPAL nickel facility in Indonesia
Indonesian state-owned fund Danantara has partnered with GEM, the China-based green metallurgy and circular economy solutions firm, to develop a $1.42 billion high-pressure acid leaching (HPAL) smelter facility in Indonesia.
September 1, 2025
NASDAQ-listed Grab denies reports of talks with Indonesia’s GoTo for a potential deal
Grab has held on-and-off talks with GoTo for years, according to earlier media reports. But a merger never materialized, partially due to antitrust concerns likely to arise from combining Southeast Asia’s two dominant ride-hailing and food-delivery groups.
June 9, 2025
Indonesia’s wealth fund Danantara weighs role in $7B Grab-GoTo deal – report
Danantara has started preliminary discussions with GoTo to acquire a minority stake in a combined entity, according to people familiar with the matter, the report said.
June 6, 2025
Indonesia launches sovereign wealth fund Danantara – report
The sovereign wealth fund is seen as the latest initiative by Prabowo to deliver on his ambitious economic growth target of 8 percent within his first term.
February 25, 2025
VinFast delivers 10,922 electric vehicles in Vietnam in August
September 17, 2025
Maybank sees AI demand spurs neocloud race
September 17, 2025
VinFast delivers 10,922 electric vehicles in Vietnam in August
September 17, 2025
Maybank sees AI demand spurs neocloud race
September 17, 2025