Around 3,000 to 5,000 people visit Ibu Kota Nusantara (IKN), Indonesia’s under-construction capital in ... That could change as more people flock to the new capital. Dewi worries that the influx of ...

Chief Basuki Hadimuljono is determined to advance the development of Nusantara City as Indonesia's political capital ...

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

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 ...

The Nusantara Capital City Authority (OIKN) has said that Nusantara city in East Kalimantan province will be designated as ...

Indonesia is poised to shift at least $61 billion of state assets into a powerful new investment fund that reports directly ...

Indonesia may be moving its capital, but Jakarta is continuing to grow with a new hotel taking eclectic design to the ...

JAKARTA--Jakarta is congested, polluted, prone to earthquakes and rapidly sinking into the Java Sea. Now the government is leaving, and moving the country’s capital to the island of Borneo.

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 ...

Tehran: After Indonesia, another Muslim nation will likely ... financial burden and logistical challenges it entails. “The new capital will definitely be in the south, in the Makran region ...