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☆ Things may not be going to plan at Nusantara, the $35 billion capital city Indonesia is building from scratch
▼ + stars: | 2024-06-04 | by ( George Glover | ) www.businessinsider.com time to read: +1 min

Indonesia is building a new capital from scratch, with Jakarta threatened by rising sea levels. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementIndonesia's plans to build a new capital city from scratch have been hit by the unexpected resignation of the two top officials overseeing the project. Bambang Susantono and his deputy Dhony Rahajoe both quit their roles at the Nusantara Capital City Authority on Monday, outlets including Reuters reported. This story is available exclusively to Business Insider subscribers.

Persons: Tony Blair, —, Bambang Susantono, Dhony Rahajoe, Pratikno, Joko Widodo Organizations: Nusantara, Service, Nusantara Capital, Authority, Reuters, Asia News Network, Business Locations: Indonesia, Jakarta

☆ One of the world's biggest cities is sinking, so they're spending $35 billion to build a new capital from scratch. Take a look at Nusantara.
▼ + stars: | 2024-04-28 | by ( George Glover | ) www.businessinsider.com time to read: +1 min

Indonesia plans to relocate its capital from Jakarta to the new city of Nusantara. The new city will cost $35 billion and won't be finished until 2045. The climate crisis has prompted the move, with Jakarta at risk of sinking due to rising sea levels. Sign up for our newsletter to get the latest on the culture & business of sustainability — delivered weekly to your inbox. The Indonesian government plans to move the capital to Nusantara, a new city being built on the eastern coast of Borneo, about 870 miles north of Jakarta.

Organizations: Service, Business Locations: Indonesia, Jakarta, Nusantara, Java, Indonesian, Borneo

☆ Indonesia is heading to the polls to elect Jokowi's presidential successor
▼ + stars: | 2024-02-14 | by ( Clement Tan | In Clemtan | ) www.cnbc.com time to read: +2 min

Presidential candidate and former Jakarta governor Anies Baswedan, vice presidential candidate Muhaimin Iskandar, presidential candidate and Indonesia's Defence Minister Prabowo Subianto, vice presidential candidate Gibran Rakabuming Raka, presidential candidate and former Central Java governor Ganjar Pranowo and vice presidential candidate Mahfud MD (from left to right) react on the stage during the last presidential election debate at the Jakarta Convention Center in Jakarta on February 4, 2024. More than 200 million voters in Indonesia are heading to more than 800,000 polling stations in the world's third-largest democracy on Wednesday to elect President Joko Widodo's successor, a new national House of Representatives and various local legislators. Widodo, also popularly known as Jokowi, beat Probowo in the last two presidential elections. Some of the latest opinion polls showed Probowo netting more than 50% of the vote against two other opponents. Voters have six hours to cast their five ballots for their preferred presidential and vice presidential pairing, as well as legislators at the national, provincial and regency level, along with a regional senator for the national parliament.

Persons: Anies Baswedan, Muhaimin Iskandar, Prabowo Subianto, Gibran Rakabuming Raka, Ganjar Pranowo, Mahfud, Joko Widodo's, Probowo Subianto, general's, Widodo, Probowo, It's, Richard Borsuk Organizations: Indonesia's Defence, Central Java, Jakarta Convention, of, Defense, Nanyang Technological, Rajaratnam, of International Studies, CNBC, Gerindra Party Locations: Jakarta, Indonesia, Nusantara

☆ Indonesia election: Over 200 million will head to the polls across vast nation in world’s biggest election day
▼ + stars: | 2024-02-13 | by ( Kathleen Magramo | Heather Chen | ) edition.cnn.com time to read: +9 min

CNN —More than 200 million eligible voters will head to the polls in Indonesia on Wednesday, in what is billed as the world’s biggest single-day election. Mascots depicting presidential candidate and Indonesia's Defence Minister Prabowo Subianto (L) and vice presidential candidate Gibran Rakabuming Raka (R) in an election event on February 5, 2024. He has strong links with Islamic political groups, and his vice-presidential pick, Muhaimin Iskandar, is the leader of Indonesia’s largest Muslim political party, the National Awakening Party. A presidential candidate needs a simple majority of at least 50% of total votes and 20% of votes in more than half of the country’s 38 provinces to win. The use and abuse of AIWith more than 210 million Internet users, Indonesia boasts one of the world’s largest digital populations.

Persons: Suharto’s, Prabowo Subianto, he’s, Suharto, ” Kenneth Roth, Ganjar, Mahfud, Gibran Rakabuming Raka, Adek Berry, Anies Baswedan, Muhaimin Iskandar, Anies, –, Basuki Tjahaja, Joko Widodo, Jokowi, Prabowo, Gibran, Jokowi’s, ”, Adrian Vickers, Vickers, “, Yusof, Maria Monica Wihardja, ” Wihardja, Sayyidatiihayaa, Satya Bumi, ” Sayyidatiihayaa, Ulet Ifansasti Organizations: CNN, Human Rights Watch, Princeton University, Indonesian Democratic Party of, Indonesia's Defence, Getty, Former Jakarta, Islamic, National Awakening Party, University of Sydney, Prabowo, Lembaga, Transparency International, Indonesia Locations: Indonesia, United States, Central Java, Jakarta, Indonesia’s, AFP, Chinese, Indonesian, Ogan Ilir, South Sumatra, Nusantara, Borneo

It is a three-way race for the presidency among current Defense Minister Prabowo Subianto and two former provincial governors, Anies Baswedan and Ganjar Pranowo. While he is the oldest candidate, his running mate is the youngest: 36-year-old Surakarta Mayor Gibran Rakabuming Raka, Widodo's son. His running mate is Mohammad Mahfud, who resigned as security minister to focus on campaigning. He is also a former defense minister, justice minister and chief justice of the Constitutional Court. His choice of Muhaimin Iskandar as his running mate in Wednesday's election is viewed as an attempt to rebuild that support.

Persons: Joko Widodo, Prabowo Subianto, Anies, Subianto, Gibran Rakabuming Raka, Suharto, Widodo's, Raka, —, GANJAR, Pranowo, ” Pranowo, Mohammad Mahfud, ANIES, Baswedan, Widodo, Basuki Tjahaja Purnama, Muhaimin Iskandar, Iskandar’s, ” Organizations: SUBIANTO, Gerindra Party, Constitutional, Indonesian Democratic Party of, Central Java, FIFA, Islamic, Fulbright, Awakening Party, Ulama, Associated Press Locations: JAKARTA, Indonesia, Jordan, Surakarta, Central, Israel, Jakarta, Chinese, Wednesday's, Nusantara, Borneo

Increasingly, voters are demanding that the men vying to succeed him address the tradeoffs between fast growth and a healthy environment in the world's fourth most populated country. In recent years, surging commodity prices have fueled fast economic growth and helped Indonesia become a middle-income country. That growth is expected to slow as the boom loses steam, according to a World Bank report. “That means, if the government forces its development, it will involve inefficient and unproductive allocation of resources.”Another campaign issue: food estate programs, massive plantations the government set up to fortify national food security. INDONESIA’S ENERGY TRANSITIONIn 2021, coal-rich Indonesia was the world’s ninth-largest source of carbon emissions that are causing global warming, according to a report by the International Energy Agency.

Persons: —, Joko Widodo, It's, Joko Widodo —, Prabowo Subianto, Josua Pardede, ”, Arianto Patunru, Baswedan, Bhima Yudhistira Adhinegara, El Organizations: Permata Bank, EV, Australian National University, of Economic, Law Studies, International Energy Agency, World Bank, Youth, Bank, El Nino, AP Locations: JAKARTA, Indonesia, Jakarta, Nusantara, Borneo, Anies, Central Java, Widodo, Washington, Kalimantan

☆ Indonesians head to the polls in February. Here are key issues dominating the elections
▼ + stars: | 2024-01-04 | by ( Randy Mulyanto | ) www.cnbc.com time to read: +6 min

Indonesia is preparing to hold general elections for president and vice president for the 2024-2029 period in February 2024. The world's third-largest democracy will open its polls to over 204 million eligible voters casting their ballots, according to its General Elections Commission. While having greater opposition representation in Indonesia's parliament could raise the bar for passing such laws, Titi said there's still a very high barrier to entry for the candidacy process. According to Freedom House's Freedom in the World 2023 report, Indonesia ranked "partly free," scoring 58 out of 100. But for some Indonesians, the cozier relationship has also sparked debt-trap fears and concerns about an influx of Chinese workers.

Persons: Anies Baswedan, Prabowo Subianto, Ganjar, Aditya Irawan, Joko, Widodo, Gibran Rakabuming Raka, Muhaimin Iskandar, Ganjar Pranowo, Prabowo, Gibran, Anies, Titi Anggraini, Titi, there's, Indonesia's, Singapore's ISEAS — Yusof, Lina Alexandra Organizations: Nurphoto, Getty, JAKARTA —, Commission, Solo, National Awakening Party, Central Java, Politik, Nusantara, Association for Elections, Democracy, CNBC, Constitutional, House's, Institute, Indonesia's, of Economic, Law Studies, Initiative, Strategic, International Studies, Hamas, Lowy Institute Locations: Jakarta, Indonesia, JAKARTA, JAKARTA — Indonesia, Central, Politik Indonesia, Nusantara, Borneo, China, Beijing, Southeast Asia, Southeast, Israel, Australian

☆ Indonesia president breaks ground on airport in new capital
▼ + stars: | 2023-11-01 | by ( ) www.reuters.com time to read: +1 min

Indonesia's President Joko Widodo takes the stage to speak about the planned new capital Nusantara, at Ecosperity Week in Singapore June 7, 2023. REUTERS/Edgar Su/File Photo Acquire Licensing RightsJAKARTA, Nov 1 (Reuters) - Indonesia's President Joko Widodo on Wednesday broke ground on the construction of an airport in the country's new capital city, Nusantara. Jokowi, as the president is known, is this week expected to launch a total of 10 projects worth 12.5 trillion rupiah ($783.85 million) in Nusantara, which Indonesia is building from scratch amid the jungles of Borneo island. The 347-hectare airport is expected to be fully operational by December 2024, the president said, without detailing the total value of the project. The country has allocated 40.6 trillion rupiah for the construction of Nusantara in its 2024 budget.

Persons: Joko Widodo, Edgar Su, Agung, Grup, Ananda Teresia, Stefanno Sulaiman, Kanupriya Kapoor Organizations: Nusantara, REUTERS, Rights, Astra International, Thomson Locations: Singapore, Rights JAKARTA, Nusantara, Indonesia, Borneo, Jakarta, Nusantara .

☆ Indonesian president breaks ground for airport in planned $32-bln capital
▼ + stars: | 2023-11-01 | by ( ) www.reuters.com time to read: +2 min

Indonesia's President Joko Widodo takes the stage to speak about the planned new capital Nusantara, at Ecosperity Week in Singapore June 7, 2023. REUTERS/Edgar Su/File Photo Acquire Licensing RightsJAKARTA, Nov 1 (Reuters) - Indonesian President Joko Widodo broke ground on Wednesday for construction of several projects ranging from an airport, toll-road and hospital to a hotel in a planned new capital city, Nusantara. The 347-hectare (857-acre) airport is expected to be fully operational by December 2024, the president said, at a total cost of 4.2 trillion rupiah ($263 million). The government targets the second half of 2024 for an international hospital, built by Indonesian hospital chain Mayapada (SRAJ.JK), to become operational. The president said he would break ground on nine projects in December, but gave no details.

Persons: Joko Widodo, Edgar Su, Jokowi, Pakuwon, Agung, Ananda Teresia, Stefanno Sulaiman, Kanupriya Kapoor, Clarence Fernandez Organizations: Nusantara, REUTERS, Rights, Astra International, Thomson Locations: Singapore, Rights JAKARTA, Nusantara, Jakarta, Indonesia, Borneo, Balikpapan, Indonesian

☆ Indonesia President Breaks Ground on Airport in New Capital
▼ + stars: | 2023-10-31 | by ( Oct. | At P.M. | ) www.usnews.com time to read: +1 min

JAKARTA (Reuters) - Indonesia's President Joko Widodo on Wednesday broke ground on the construction of an airport in the country's new capital city, Nusantara. Jokowi, as the president is known, is this week expected to launch a total of 10 projects worth 12.5 trillion rupiah ($783.85 million) in Nusantara, which Indonesia is building from scratch amid the jungles of Borneo island. The 347-hectare airport is expected to be fully operational by December 2024, the president said, without detailing the total value of the project. The country has allocated 40.6 trillion rupiah for the construction of Nusantara in its 2024 budget. A consortium of Indonesian companies including energy firm Adaro, conglomerate Astra International, property firm Agung Sedayu Grup, and energy company Barito Pacific have invested about 20 trillion rupiah in Nusantara.

Persons: Joko Widodo, Agung, Grup, Ananda Teresia, Stefanno Sulaiman, Kanupriya Kapoor Organizations: Nusantara, Astra International Locations: JAKARTA, Nusantara, Indonesia, Borneo, Jakarta, Nusantara .

☆ Indonesia launches China-backed 'Whoosh' high-speed railway
▼ + stars: | 2023-10-02 | by ( ) www.reuters.com time to read: +1 min

Indonesia's President Joko Widodo speaks about the planned new capital Nusantara, at Ecosperity Week in Singapore June 7, 2023. REUTERS/Edgar Su/File Photo Acquire Licensing RightsJAKARTA, Oct 2 (Reuters) - Indonesian President Joko Widodo on Monday inaugurated a $7.3 billion high-speed railway connecting the country's capital with the city of Bandung, a China-backed project that has been marred with problems. Monday's launch for the bullet train named "Whoosh" is far behind an original target of operations in 2019. "The name is inspired by the sound of a rushing high speed train," Jokowi, as the president is popularly called, said during the launch. Reporting by Yuddy Cahya Budiman; Writing by Ananda Teresia; Editing by Gayatri Suroyo and Gerry DoyleOur Standards: The Thomson Reuters Trust Principles.

Persons: Joko Widodo, Edgar Su, Jokowi, Luhut, Yuddy Cahya, Ananda Teresia, Gayatri Suroyo, Gerry Doyle Organizations: Nusantara, REUTERS, Rights, Initiative, Thomson Locations: Singapore, Rights JAKARTA, Bandung, China, Indonesian

☆ Indonesia's president launches carbon emissions credit trading
▼ + stars: | 2023-09-26 | by ( Stefanno Sulaiman | ) www.reuters.com time to read: +3 min

Indonesia's President Joko Widodo speaks about the planned new capital Nusantara, at Ecosperity Week in Singapore June 7, 2023. REUTERS/Edgar Su/File Photo Acquire Licensing RightsJAKARTA, Sept 26 (Reuters) - Indonesian President Joko Widodo on Tuesday launched the country's first carbon emission credit trading, with the aim of creating a market to fund cuts in greenhouse gas emissions and become a major participant in the global carbon trade. Jokowi, as the president is popularly known, said Indonesia has tremendous potential for carbon reduction efforts, particularly nature-based solutions, and its carbon market could grow to 3,000 trillion rupiah ($194.30 billion). Some of Indonesia's biggest coal power plants have begun trading emission allowances since February. Transactions in the emission trading system are recorded using blockchain technology, Luhut said.

Persons: Joko Widodo, Edgar Su, Jokowi, Luhut, Stefanno Sulaiman, Gayatri Suroyo, Martin Petty Organizations: Nusantara, REUTERS, Rights, Tuesday, Pertamina, Indonesia Stock Exchange, Bank Central Asia, Bank, Christian, Thomson Locations: Singapore, Rights JAKARTA, Indonesia, North Sulawesi, Paris

☆ Nusantara to attract investors, economic activities to Indonesia: Minister
▼ + stars: | 2023-09-08 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailNusantara is designed to attract investors and economic activities to Indonesia, says ministerRachmat Kaimuddin, Indonesia’s deputy coordinating minister of maritime affairs and investments in infrastructure and transportation, talks about development plans for Nusantara, the future capital of Indonesia. He says Nusantara will not only be a "government center but also [an] economic center."

Persons: Rachmat Kaimuddin Organizations: Nusantara Locations: Indonesia

☆ Indonesia launches sky train in capital, hopes to ease traffic and pollution
▼ + stars: | 2023-08-28 | by ( ) www.reuters.com time to read: +2 min

[1/2] Indonesian President Joko Widodo speaks as he launches the Light Rail Transit (LRT) in Jakarta, Indonesia, August 28, 2023. The driverless, 41.2 km (25.6 miles) Light Rail Transit (LRT) system connects central Jakarta and its satellites cities in West Java, Bekasi and Depok. People in Greater Jakarta commonly use a 418 km (260 mile) Commuter Line which serve around 1.2 million passengers per day. The president blamed the pollution on excessive road traffic and industries using coal and said nearly 1 million vehicles enter Jakarta each day. "Jakarta is always on the top 10 of list of cities with the worst traffic jams," he said.

Persons: Joko Widodo, Antara, Hafidz Mubarak, Ananda Teresia, Martin Petty Organizations: Rail, REUTERS, Acquire, Rights, Monday, Swiss, Thomson Locations: Jakarta, Indonesia, Rights JAKARTA, Greater Jakarta, West Java, Borneo, Nusantara, Southeast

☆ 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

☆ Jakarta is the world's most polluted city. And Indonesia's leader has the cough to prove it
▼ + stars: | 2023-08-16 | by ( Heather Chen | ) edition.cnn.com time to read: +5 min

Hong Kong CNN —Indonesia’s capital Jakarta is the world’s most polluted city, according to a new study, and the country’s president may have the cough to prove it. Uno said doctors were still diagnosing the cause of Widodo’s cough but added that it might be related to the worsening air quality, reported CNN affiliate CNN Indonesia. But in recent weeks air quality in the capital has become particularly bad, deteriorating to the worst in the world, according to data provided by IQAir, a Swiss air quality technology company. On August 9, Jakarta topped its list of polluted cities after registering “unhealthy” air pollution levels nearly every day, the company said. “Air pollution is a serious problem in Southeast Asia,” said political analyst Bridget Welsh from the University of Nottingham.

Persons: Joko Widodo, IQAir, ”, Sandiaga Uno, Uno, Budi Gunadi Sadikin, ” Budi, Widodo, ” Widodo, Bridget Welsh Organizations: Hong Kong CNN —, Tourism, Creative, Sandiaga, CNN, CNN Indonesia, Central, IQAir, Skyscrapers, Getty, University of Nottingham, “ Locations: Hong Kong, Jakarta, Swiss, AFP, Greater Jakarta, Central Jakarta, Greater Jakarta Area, Jakarta –, Southeast Asia, Nusantara, East Kalimantan, Borneo

☆ Indonesia launches new crypto bourse, clearing house
▼ + stars: | 2023-07-21 | by ( ) www.reuters.com time to read: +2 min

REUTERS/Dado Ruvic/Illustration//JAKARTA, July 21 (Reuters) - Indonesia has launched a national crypto asset bourse to provide regulators with transaction records and better protect crypto investors, the government announced this week. The launch of the exchange and clearing house is also intended to strengthen monitoring of the booming sector amid a transition in regulatory oversight, according to the Commodity Futures Trading Regulatory Agency (Bappebti). Rising global interest rates have, however, dampened demand for crypto assets in recent months. The new bourse will list existing licensed crypto companies, such as Binance's Tokocrypto, Indodax and others as traders. PT Bursa Komoditi Nusantara will run the bourse and PT Kliring Berjangka Indonesia will clear transactions there, Bappebti chief Didid Noordiantmoko said in a statement.

Persons: Dado Ruvic, Didid Noordiantmoko, Bernadette Christina Munthe, Gayatri Suroyo, Kanupriya Kapoor Organizations: REUTERS, Commodity, Trading Regulatory Agency, Bursa Komoditi Nusantara, bourse, Kliring Berjangka, Tennet Depository Indonesia, Financial Services, Thomson Locations: JAKARTA, Indonesia, Indodax, Bursa, Kliring Berjangka Indonesia, Bappebti

☆ Indonesia, SpaceX launch satellite to boost internet connectivity
▼ + stars: | 2023-06-19 | by ( ) www.reuters.com time to read: +1 min

JAKARTA, June 19 (Reuters) - Indonesia and Elon Musk's rocket company SpaceX on Monday launched the country's largest telecommunication satellite from the United States, in a $540 million project intended to link up remote corners of the archipelago to the internet. Roughly two-thirds of Indonesia's 280 million population already use the internet, but connectivity is limited in far-flung, underdeveloped eastern islands of the Southeast Asian country. The satellite will occupy the orbital slot above Indonesia's eastern Papua region. It has a throughput capacity of 150 gigabytes per second and will provide internet access to 50,000 public service points, the Indonesian government said. The project is a public-private partnership between the government and Indonesian satellite service provider PT Satelit Nusantara Tiga.

Persons: Elon, Dewi Kurniawati, Gayatri Suroyo, Kanupriya Kapoor Organizations: Elon Musk's, SpaceX, Monday, Thales Alenia Space, PT Satelit Nusantara Tiga, Thomson Locations: JAKARTA, Indonesia, United States, Indonesian, Republic of Indonesia, Florida, Papua

☆ Indonesia pushes tourism to boost mangrove restoration
▼ + stars: | 2023-06-02 | by ( ) www.reuters.com time to read: +2 min

JAKARTA, June 2 (Reuters) - Tourists in Indonesia are discovering the benefits of mangroves as the archipelago pushes to replant or conserve carbon-rich coastal areas that have been decimated by human activity. Last year alone, the country lost 700,000 hectares of mangroves, according to Indonesia's Mangrove and Peatlands Restoration Agency (BRGM). "A lot of people and businesses have these mangrove forests levelled down and then build a tourist spot above it by piling sand to make artificial beaches. That contradicts nature preservation," said Muhammad Saleh Alatas, owner of The Mangrove Paddling Centre, which organises tours in the mangroves of Jakarta. Reporting by Tommy Ardiansyah, Johan Purnomo, Zahra Matarani; Editing by Kanupriya Kapoor and Emelia Sithole-MatariseOur Standards: The Thomson Reuters Trust Principles.

Persons: Connie Sihombing, I've, Muhammad Saleh Alatas, Muhammad Ilman, Tommy Ardiansyah, Johan Purnomo, Zahra Matarani, Kanupriya Kapoor, Emelia Organizations: Restoration Agency, Nusantara Nature Conservation Agency, Thomson Locations: JAKARTA, Indonesia, Jakarta

☆ The Plan to Build a New Capital
▼ + stars: | 2023-05-17 | by ( David Leonhardt | ) www.nytimes.com time to read: +1 min

Today, 40 percent of Jakarta lies below sea level, and flooding is increasingly common. To deal with that threat, Indonesia’s popular president — Joko Widodo, in his ninth year in office — has devised an audacious solution: He is moving the country’s capital. The new capital, now under construction, is called Nusantara. It is being built from the ground up, about 800 miles from the current capital. Joko promises that the city will be a model of environmental stewardship, carbon neutral within a few decades.

☆ What’s a President to Do When a Nation’s Capital Is Sinking? Move It.
▼ + stars: | 2023-05-16 | by ( Hannah Beech | ) www.nytimes.com time to read: +38 min

A new capital city for a place with such disparities and diversity presents both a challenge and a chance for reinvention. Moving the Seat of Power From Java to Borneo Detail area Malaysia Nusantara Borneo Java Sea Indonesia Jakarta Java Indian Ocean Detail area Malaysia Nusantara Borneo Java Sea Indonesia Jakarta Java Indian Ocean Indonesia’s new capital, Nusantara, will be about 800 miles from the current capital, Jakarta. It cannot be overnight, it’s not like Aladdin comes with his genie,” said Bambang Susantono, the head of the Nusantara Capital City Authority. We have to prove that this will be a self-propelling city.” — Bambang Susantono, head of the Nusantara Capital City AuthorityCritics of I.K.N. Indonesia’s capital city faces sinking land and rising seas.

☆ Fears for orangutans, dolphins as Indonesia presses on with new capital
▼ + stars: | 2023-03-22 | by ( Stefanno Sulaiman | ) www.reuters.com time to read: +3 min

She is one of 127 orangutans that the Borneo Orangutan Survival Foundation (BOSF) is caring for in the Samboja district, East Kalimantan. The Nusantara Capital City Authority said mangroves would be replanted in other areas and guidelines have been made for workers encountering an animal. "It's a very high concern of how we'll try to have harmony between people, nature and culture...because that's the soul of the city," Nusantara chief Bambang Susantono said. "We hope that with the capital city being here, we can pave the way for animals to live side by side (with humans)," said BOSF manager Aldrianto Priadjati. "At least provide an area for orangutans so they can live a better life."

☆ Singapore to work with Indonesia, ASEAN, UN to push Myanmar peace plan - PM
▼ + stars: | 2023-03-16 | by ( ) www.reuters.com time to read: +1 min

[1/5] Singapore's Prime Minister Lee Hsien Loong meets with Indonesia's President Joko Widodo at the Istana in Singapore March 16, 2023. REUTERS/Edgar Su/PoolSINGAPORE, March 16 (Reuters) - Singapore Prime Minister Lee Hsien Loong said on Thursday the city-state would work with Indonesia and other Southeast Asian countries, as well as partners like the United Nations, to push Myanmar's military rulers to implement a stalled peace plan. "Singapore will continue working with Indonesia and ASEAN members, plus ASEAN's partners like the U.N., to push for the full implementation of the five-point consensus," he said, referring to the peace plan that Myanmar's top general agreed to with ASEAN. In addition, Singapore and Indonesia would work together on developing renewable energy, their leaders announced. Reporting by Xinghui Kok in Singapore and Stanley Widianto in Jakarta; Editing by Ed Davies and Martin PettyOur Standards: The Thomson Reuters Trust Principles.

☆ Some cash in on land boom near Indonesia's new capital, others despondent
▼ + stars: | 2023-03-15 | by ( Stefanno Sulaiman | ) www.reuters.com time to read: +6 min

[1/3] Trucks are seen near a palm oil plantation at a village located near Indonesia's projected new capital, known as Nusantara National Capital, in Sepaku, East Kalimantan province, Indonesia, March 8 2023. Headman Rizki Maulana Perwira Atmadja, 38, said land prices around his village - 10 km (6 miles) from where a presidential palace is being built - had jumped four-fold. Land prices in places near a water reservoir had risen over 16-fold, said Junaidin, the village chief of Tengin Baru, a settlement of around 4,000 people within Nusantara's development zone. He said large property companies had not sought to acquire land banks in Nusantara due to the moratorium on permits. However, the Nusantara authority said land speculation should not affect development plans as compensation for land would be measured fairly by an independent party.

☆ Indonesia and Malaysia agree to fight "discrimination" against palm oil
▼ + stars: | 2023-01-09 | by ( ) www.reuters.com time to read: +1 min

BOGOR, Indonesia, Jan 9 (Reuters) - Indonesia and Malaysia, the world's biggest producers of palm oil, agreed on Monday to work together to fight "discrimination" against the commodity after a meeting between leaders from the countries. The comments by Indonesian President Joko Widodo followed a meeting with Malaysian Prime Minister Anwar Ibrahim, who was making his first overseas trip since being elected last November. Widodo, popularly known as Jokowi, said the two countries would "fight discrimination against palm oil" and "strengthen cooperation through the Council of Palm Oil Producing Countries" to address concerns. The new capital could boost regional development, Anwar said, with the Malaysian states of Sabah and Sarawak located in the Malaysian part of Borneo island. "We hope the development of the capital will bring greater benefits to the wider region, including on Sabah and Sarawak," he said.

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