High-Speed Rail Debt Poses First Test for Danantara: The Brink

Oct. 25, 2025, 3:00 PM UTC

Welcome to
The Brink
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Harry Suhartono
in Singapore, where I looked at the new Indonesian sovereign wealth fund and the challenges posed by the restructuring of the country’s high-speed rail debt. We also have news on Netceed and Dye & Durham. Follow
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Litmus Test

Danantara has barely moved its first steps, and yet the Indonesian sovereign wealth fund has a crucial test lying ahead to prove it can increase accountability for state-owned enterprises without ticking off investors.

Through the government-owned companies it controls, Danantara will ...

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