Business
Japan Pledges $4b to Indonesia’s Sovereign Wealth Fund – Jakarta Globe
It marks the fund’s speedy development that may hold the key for the Southeast Asian country’s infrastructure ambitions.
Jakarta. Japan has pledged a commitment to invest $4 billion in Indonesia’s inaugural sovereign wealth fund, marking a speedy development that may hold the key for the Southeast Asian country’s infrastructure ambitions.
Japan was the second country to pledge a concrete amount to the fund after the US International Development Finance Corporation (DFC), the United States’s financing arm, did so last month.
“JBIC is ready to support SWF Indonesia’s funding of $4 billion, twice as much as what was…
-
Noosa News12 hours agoMan dies in Brisbane crash, women and girl rushed to hospital
-
General21 hours agoProductivity summit ends day two with progress on rules changes to boost housing supply
-
Noosa News24 hours agoGirl charged with attempted murder after foster carer stabbed in Ipswich
-
General22 hours agoSharp rise in airfares push UK inflation higher in July