Norman Harsono

3 days ago | bloomberg.com | Norman Harsono

Ray Dalio (Bloomberg) -- Indonesia’s Danantara said Ray Dalio will serve as an informal adviser to the wealth fund’s leadership and President Prabowo Subianto. The Bridgewater Associates founder’s role as informal adviser is voluntary and unpaid, the wealth fund said in a statement on Wednesday. “Over the past year, Danantara Indonesia has benefited greatly from Ray Dalio’s expertise and guidance,” the fund said, adding that Dalio “remains a loyal supporter” of the fund’s mission.

1 month ago | financialpost.com | Norman Harsono

Advertisement 1Bill Gates discussed plans for public health initiatives in Indonesia and heard pitches for collaboration with the country’s new sovereign wealth fund as the billionaire seeks to expand philanthropic activity in Asia. Article content(Bloomberg) — Bill Gates discussed plans for public health initiatives in Indonesia and heard pitches for collaboration with the country’s new sovereign wealth fund as the billionaire seeks to expand philanthropic activity in Asia.

1 month ago | bloomberg.com | Norman Harsono

Bill Gates, left, and Prabowo Subianto in Jakarta on May 7. (Bloomberg) -- Bill Gates discussed plans for public health initiatives in Indonesia and heard pitches for collaboration with the country’s new sovereign wealth fund as the billionaire seeks to expand philanthropic activity in Asia.

2 months ago | bloomberg.com | Norman Harsono |Grace Olivia Sihombing

Indonesia will send a team including veteran Finance Minister Sri Mulyani Indrawati to Washington D.C. for trade talks next week, part of the Southeast Asian nation’s initial response to being among the hardest hit economies globally by higher US tariffs. Indrawati will join a delegation led by Coordinating Economic Minister Airlangga Hartarto to convey Indonesia’s stance to US officials, according to a presidential palace statement late Monday. The team will also include Foreign Minister Sugiono.

2 months ago | bloomberg.com | Marcus Wong |Norman Harsono

Bank Indonesia intervened in the offshore rupiah market ahead of what could be a turbulent reopening for the currency Tuesday after over a week-long holiday. The central bank has intervened in the offshore non-deliverable forwards market to stabilize the rupiah, it said in a statementBloomberg Terminal Monday, adding it will “aggressively” intervene in the onshore markets too when they reopen on Tuesday.