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Top related persons:
Adek Berry - 1 Joko Widodo's - 1 Melinda Martinus - 1 Martinus - 1 Ju Ye Lee - 1 Bagus Saragih - 1 Agung Wicaksono - 1 it's - 1
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Jakarta Nusantara East Kalimantan Indonesian Indonesia Singapore Agung Wicaksono Asia
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Nusantara - 1 Afp - 1 Getty - 1 Indonesia - 1 Cultural Affairs - 1 Yusof - 1 CNBC - 1 Nusantara National Capital Authority - 1

Search resuls for: "National Capital Authority"


3 mentions found


☆ Indonesia is moving its capital from Jakarta to Nusantara. Here's why it won't be so easy
  + stars: | 2023-08-28 | by ( Charmaine Jacob | ) www.cnbc.com   time to read: +9 min
Adek Berry | Afp | Getty ImagesIndonesia has ambitious plans to relocate its capital from Jakarta to Nusantara in East Kalimantan. Nusantara National Capital Authority, a government agency charged with planning and constructing the new capital, did not immediately respond to CNBC's request for comment. The new Presidential Palace under construction at the country's new capital Nusantara. Bloomberg | Bloomberg | Getty ImagesA lack of demand for service-led jobs is another challenge Archer predicted. Bloomberg | Bloomberg | Getty Images
Persons: Adek Berry, Joko Widodo's, Melinda Martinus, Martinus, Ju Ye Lee, Bagus Saragih, Agung Wicaksono, it's, Wicaksono, Bruno Lanvin, Joko Widodo, Diane Archer, Archer, Lanvin, Maybank's Lee Organizations: Nusantara, Afp, Getty, Indonesia, Cultural Affairs, Yusof, CNBC, Nusantara National Capital Authority, country's Ministry, Public, Agung Wicaksono Nusantara National Capital Authority, Maybank Investment Banking Group, Smart, IMD Business School, Bloomberg, Ciputra, Stockholm Environment Institute, Nusantara . Bloomberg Locations: Jakarta, Nusantara, East Kalimantan, Indonesian, Indonesia, Singapore, Agung Wicaksono, Asia, Pacific, Nusantara ., Stockholm, Diane Archer Stockholm, Kalimantan
☆ Australia cancels lease for new Russian embassy citing national security
  + stars: | 2023-06-15 | by ( Renju Jose | ) www.reuters.com   time to read: +2 min
SYDNEY, June 15 (Reuters) - Australia said on Thursday it would introduce legislation to parliament to cancel Russia's lease to build a new embassy in the national capital of Canberra, citing national security. The move follows the conclusion of a long-running litigation regarding the leased site after the federal court ruled last month that an eviction order made by the National Capital Authority - a government body tasked with the planning of the national capital - was invalid. Russia bought the lease in 2008 and had plans approved in 2011 but the National Capital Authority blamed the embassy for leaving the site unused, according to Australian media. Home Affairs Minister Clare O'Neil said the "principal problem" with the proposed second Russian embassy was its location, as the site sits directly adjacent to the parliament house. Since the conflict began, Australia has provided millions in military support to Ukraine and has sanctioned more than 1,000 Russian individuals and entities.
Persons: Anthony Albanese, " Albanese, Clare O'Neil, Albanese, Renju Jose, Michael Perry Organizations: SYDNEY, National Capital Authority, Home Affairs, Ukraine, Thomson Locations: Australia, Canberra, Russian, Russia, Ukraine, Sydney
☆ Indonesia to offer tax holiday to companies investing in new capital
  + stars: | 2022-10-19 | by ( Stanley Widianto Stefanno Sulaiman | Stanley Widianto | Stefanno Sulaiman | ) www.reuters.com   time to read: +3 min
A street vendor sells papers with the news of Indonesian New Capital Nusantara (IKN) on its headline, during a traffic in Jakarta, March 15, 2022. REUTERS/Willy Kurniawan/File PhotoJAKARTA, Oct 19 (Reuters) - Indonesia will offer generous incentives, including a 30-year tax break, for companies investing in a $32 billion project to build a new capital city in the country called Nusantara, an official said late on Tuesday. Bambang Susantono, head of the Nusantara National Capital Authority, made the comments at a gathering with hundreds of local and foreign investors in the current capital Jakarta. Susantono asked the gathering to consider investing in areas such as healthcare, education and entertainment in the new capital, promising that regulations on fiscal incentives would be released soon. A June survey of 170 experts by the Indonesian Centre for Strategic and International Studies found nearly 59% were unsure the Nusantara project would materialise, citing uncertainty over funding and management.
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