History 12/20/2022 15:22:44 (MENAFN– Al-Anbaa) $41.4 trillion is the total assets of the world’s 100 largest central banks Ali Ibrahim Data from “SWF Institute” showed that the Central Bank of Kuwait ranked fourth in the Gulf, eighth in the Arab world and 56th globally in terms of the largest volume of central bank activity across … Read more
Jakarta, CNBC Indonesia – Indonesia’s sovereign wealth fund (SWF) named the Indonesia Investment Authority (INA) which was formed by President Joko Widodo (Jokowi) in February 2021, in cooperation with DP World (Dubai Ports World) with a value of US$ 7.5 billion or equivalent to Rp. 106.50 trillion (assuming an exchange rate of Rp. 14,200/US$) in … Read more
Jakarta, CNBC Indonesia – The name of the Abu Dhabi Investment Authority (ADIA), the endowment fund or sovereign wealth fund (SWF) belonging to the United Arab Emirates (UAE) is again being discussed by capital market players. This is because, ADIA just led GoTo’s pre-IPO fundraising with an investment of US$ 400 million or equivalent to … Read more
Jakarta, CNBC Indonesia – The majority of construction issuers immediately rose in the green zone at the beginning of today’s trading, Friday (4/6/2021). This strengthening appears to be in response to news related to signals from the Minister of State-Owned Enterprises (BUMN) Erick Thohir regarding the divestment of toll roads owned by state-owned subsidiaries in … Read more
Jakarta, CNBC Indonesia – The investment needs for Indonesia’s infrastructure projects are still large. Role The Indonesian Investment Management Institute (LPI) under the name Indonesia Investment Authority (INA) is expected to be able to patch up these shortcomings. INA President Director Ridha Wirakusumah explained that the investment requirement for infrastructure in Indonesia reaches US $ … Read more
Jakarta, CNN Indonesia – Coordinating Minister for Maritime Affairs and Investment Luhut Binsar Panjaitan mention the figures who are on the board of directors Investment Management Institution (Indonesia Investment Authority / INA) or endowment fund manager (SWF) will be announced next week. The directors will later manage the largest endowment investment management institution in Indonesia. … Read more
Jakarta, CNBC Indonesia – Coordinating Minister for Maritime Affairs and Investment Luhut B. Pandjaitan revealed the investment commitment from the governor of Japan Bank for International Cooperation (JBIC) MAEDA Tadashi for the establishment of a Sovereign Wealth Fund (SWF) or ‘endowment fund’ in Indonesia. “JBIC is ready to support SWF Indonesia’s funding of US $ … Read more
Jakarta, CNBC Indonesia – The government seems to be moving fast in implementing the Omnibus Law Law No. 11/2020 on Job Creation (Ciptaker). In the page website https://uu-ciptakerja.go.id, several draft government regulations (RPP) have entered into technical guidelines for the implementation of the Ciptaker Law. One of them is the RPP on the Investment Management … Read more
Jakarta, CNBC Indonesia – Coordinating Minister for the Economy Airlangga Hartarto revealed that President Joko Widodo (Jokowi) has already named the state endowment fund or sovereign wealth fund (SWF) which will be formed by the government as a mandate of the Omnibus Law Cipta Kerja (Ciptaker) Law. The Ciptaker Law has been ratified by the … Read more
Jakarta, CNBC Indonesia – The government will soon have an Investment Management Institution (LPI) aka Sovereign Wealth Fund (SW) with an initial capital of IDR 15 trillion. The establishment of this state-owned endowment fund is in accordance with the mandate of the Work Creation Omnibus Law (Ciptaker) which was just passed yesterday, Monday (6/10/2020). Deputy … Read more