Indonesian President Prabowo Subianto’s new sovereign investment fund, Danantara, aims to oversee a $20 billion fund for strategic projects, but faces skepticism due to recent scandals, including corruption within state energy company Pertamina and the collapse of major firms like Sritex and eFishery. Despite concerns about governance and oversight, Prabowo is pushing forward with plans to consolidate state-owned enterprises and invest in key areas like renewable energy. Anti-corruption activists fear potential misuse of funds and weakening of law enforcement agencies, but Prabowo assures transparency and accountability in Danantara’s management.
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Tired and anxious: Travellers to Singapore stranded in Doha airport amid Israel-Iran conflict
SINGAPORE: Thousands of passengers, including those bound for Singapore, were stranded at Doha's Hamad International Airport following the temporary closure of airspace by Qatar, Bahrain, and Kuwait after Iran's missile strike on a US military base. With over 25,000 travelers affected and hundreds of flights cancelled or delayed, many reported long queues and a lack of clear communication from airlines regarding rebooking and accommodation. Need More Context? 🔎
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