Indonesian President Prabowo Subianto wants to establish a new investment agency that would become a holding company for state investments, similar to Singapore's Temasek, the official named to head the proposed firm said on Tuesday.

One NGO estimates that the 109 ministers, deputies, and new ministries would cost $125 million over 5 years, not including building expenses.

President Prabowo Subianto unveils Indonesia's largest-ever Cabinet, aiming for a strong government with 109 members.

INDONESIA’S new leader Prabowo Subianto endeared himself to voters as a kindly grandfather vowing to give free meals to schoolchildren. Now to get things rolling in South-east Asia’s largest economy,

Indonesia's first woman finance minister, Sri Mulyani, 62, is already one of the country's longest serving finance ministers, working under presidents Yudhoyono and Widodo. She has won international recognition for reforming Indonesia's tax system and steering Southeast Asia's largest economy through the global financial crisis in 2008 and the pandemic.

Prabowo Subianto was inaugurated Sunday as the eighth president of the world’s most populous Muslim-majority nation, completing his journey from an ex-general accused of rights abuses during the dark days of Indonesia’s military dictatorship to the presidential palace.

Newly inaugurated President Prabowo Subianto swore in Indonesia's largest Cabinet since 1966 on Monday, with 109 members representing his pledge for a strong government. He announced the lineup late Sunday and named his Cabinet of ministers,

Indonesia's newly minted leader, President Prabowo Subianto, officially swore in his cabinet on Monday, a team which analysts said reflected continuity of his predecessor's main policies. Prabowo took office on Sunday as the eighth Indonesian president,