Indonesia's new President Prabowo Subianto plans to spend 48.8 trillion rupiah ($2.99 billion) through 2029 to build the new capital city "Nusantara", with a target of relocating the government there ...
Tehran: After Indonesia, another Muslim nation will likely relocate its capital. Jakarta, the capital of Indonesia, is gradually sinking into the sea, prompting the government to declare its ...
The Danantara fund, which will be seeded with at least $61 billion, will be placed under the direct supervision of the ...
President Prabowo Subianto is targeting the Indonesian Capital City or IKN to become the political capital of Indonesia in ...
From narrow side streets to packed malls, the traditional music and dance of dragon puppet performances have filled this ...
Danantara, Indonesia’s new sovereign wealth fund, aims to restructure SOEs, attract global investment, and expand assets to ...
Jakarta is the world's fastest sinking city. But the Indonesian government's plan to move the capital 800 miles away risks draining the country's resources and damaging its reputation as investors ...
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