Tycoons pledge to buy $3 billion of Indonesian…

[ad_1] Indonesia’s newly established sovereign wealth fund Danantara has received enough pledges from the nation’s wealthiest tycoons for its plan to issue 50 trillion rupiah ($3 billion) of so-called patriot bonds, people familiar with the…

Indonesian politicians to have perks cut in bid…

[ad_1] Getty ImagesIndonesian political parties have agreed to reverse some state-funded perks their politicians receive in a bid to quell nationwide protests, the country's president has said. Several cities in the southern Asian nation including…