Jakarta to remain economic hub after Indonesia moves capital city

Jakarta to remain economic hub after Indonesia moves capital city

Indonesia's parliament on Thursday designated a special status for Jakarta, keeping the metropolis as the country's economic epicentre, as the Southeast Asian country is planning to move the capital city to Borneo island.

Southeast Asia - Mon, Dec 22, 2021 | 11:30 am GMT+7

US supports Indonesia in developing new capital city

US supports Indonesia in developing new capital city

The U.S. Trade and Development Agency (USTDA) has approved grant funding of IDR31.3 billion (over $2 million) to Indonesia to develop its new capital city of Nusantara (IKN).

Southeast Asia - Mon, Dec 22, 2021 | 11:30 am GMT+7