The Danantara fund, which will be seeded with at least $61 billion, will be placed under the direct supervision of the ...

Indonesia's future capital, Nusantara, is under construction, but some believe that it will be difficult to replace Jakarta as the country's administrative and economic center. Source: AP / AP ...

In constructing a purpose-built capital, Indonesia will be taking a path that others have in the past, including Pakistan, Brazil and Myanmar. The committee overseeing the construction is led by ...

Around 3,000 to 5,000 people visit Ibu Kota Nusantara (IKN), Indonesia’s under-construction capital in East Kalimantan on the island of Borneo, every day. Some are from the nearby oil and gas towns of ...

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 ...