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

A lack of budget for building Nusantara this year has cast further doubt over Asia's biggest development project.

Authority chairman Basuki Hadimuljono has confirmed that there will not be a budget cut for the second phase of Nusantara’s ...

Indonesia’s parliament passed an amendment to the country’s state-owned enterprises law, laying the legal foundation for a ...

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

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 ...

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

Limnonectes nusantara was named after Nusantara, the “proposed new capital of Indonesia,” according to the study. The local ...

Indonesia's parliament will on Tuesday vote on a bill that will allow the government to set up a new investment agency ...

Deforestation in Indonesia rose in 2024 for a third year running, a local environmental NGO said Friday, based on satellite ...