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Thursday, 27 August 2026
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Danantara

7 CÈ pieces since 21 June 2026: 4 deals, 3 essays. Newest first. All companies →

  1. Deal

    Jakarta's rubbish just got a 20-cent price: Danantara breaks ground on a $169M Bekasi plant

    Danantara's Denera unit started construction on its second waste-to-energy facility, burning 1,500 tonnes daily from mid-2028 under a PLN power-purchase agreement at $0.20/kWh.

  2. Essay

    Indonesia will set food and courier delivery fees by decree in September.

    Perpres 27/2026 took the ojol commission from 20 percent to 8 on 1 July. The regulation due in September prices delivery, turns seven million drivers into MSMEs, and splits enforcement between two ministries.

  3. Deal

    Indonesia's sovereign fund is buying protein, not startups: Danantara puts $2.5B behind JBS

    Brazilian meat packer JBS and Danantara Investment Management will form a joint venture covering Indonesia, Southeast Asia, Australia and New Zealand, folding in JBS's ANZ businesses. The Indonesian fund commits $2.5 billion.

  4. Deal

    Indonesia's state fund managers were four competing shops: Danantara merges them into one $9.4B manager

    Danantara Asset Management signed share purchase agreements for controlling stakes in the investment arms of Mandiri, BRI, BNI and PNM, which together managed IDR 170 trillion ($9.43 billion) as of June. They merge within a month.

  5. Deal

    Bali's landfill becomes baseload: Danantara breaks ground on Indonesia's first $167M waste-to-energy plant

    Danantara's investment arm and Denera broke ground on a Rp3-trillion ($167M) plant that will process 500,000+ tonnes of Bali's municipal waste a year and sell power to state utility PLN under a signed PPA.

  6. Essay

    Two of the region’s biggest tech firms just had their margin set by a president

    From 1 July, Grab and Gojek take 8 percent of an ojek fare instead of 20, because Prabowo asked them to in a room they could not say no in. The lesson for everyone whose model is a cut of someone else’s transaction is the same.

  7. Essay

    Two apps, one landlord (the merger might even help you, briefly)

    Grab’s roughly US$7 billion move on GoTo is being read as a stock story and an antitrust story. For the merchant on the platform, it is a story about who owns the channel.