What does a country do when its overcrowded, polluted capital city starts sinking into the ocean? It builds a new one. That's the plan in Indonesia, where construction is well underway on the new ...

Bridgewater Associates founder Ray Dalio, Blackstone senior adviser Helman Sitohang, and U.S. economist Jeffrey Sachs are ...

“The new capital city’s strategic environmental ... In constructing a purpose-built capital, Indonesia will be taking a path that others have in the past, including Pakistan, Brazil and ...

Jakarta: The construction of Nusantara, Indonesia’s planned new capital city in East Kalimantan, has drawn flak from analysts who fear the megaproject is veering toward elite private ...

As he was sworn in as Indonesia’s new chief executive last week ... s megalomaniacal dream of turning the city into the capital of the underdeveloped world. All Sukarno actually accomplished ...

Indonesia is preparing about 8 trillion rupiah ($487.21 million) of capital injection for the new state firm Agrinas Palma Nusantara, senior finance ministry official Rionald Silaban said on Tuesday.

JAKARTA] In a bid to support the market and prevent another potential rout, Indonesia’s securities regulator took sweeping ...

Danantara, Indonesia's new sovereign wealth fund, has engaged billionaire investor Ray Dalio and economist Jeffrey Sachs to ...

Thousands of people were evacuated in Indonesia's capital Jakarta on Tuesday after floods swamped the region, officials said, with heavy rain expected to continue until next week. Torrential rain ...