The Business Times

Nusantara

ASEAN Business

Indonesia's Prabowo to spend US$3 billion on new capital city through 2029

0806 TYM / SEMBCORP POSTS NET PROFIT OF S$540 MILLION IN 1H2024
Companies & Markets

Sembcorp launches Nusantara solar power plant to serve its electricity needs  

South Korea President Yoon Suk-yeol has been impeached by the nation's lawmakers on Dec 14.
International

2024 review: News that made global headlines

The remarks on Prabowo’s intentions come amid doubts that he will pursue the project at the same speed as Widodo.
ASEAN Business

Indonesia’s Prabowo wants key buildings in new capital ready in four years

Indonesian President Joko Widodo officially inaugurated the start of a Russia-backed construction project for the luxury Magnum Resort Nusantara in the new capital city Nusantara, East Kalimantan, on Wednesday (September 25)
ASEAN Business

China, Russia first foreign investors to plough millions into Indonesia’s long-delayed new capital

Jokowi, who has said work on the capital could last decades, plans to spend the final weeks of his administration there, he said this month.
ASEAN Business

Indonesia hails Chinese firm as first foreign investor in troubled new capital

Construction at Indonesia's new capital city, Nusantara, in Kalimantan is progressing.
ASEAN Business

Indonesia’s new capital Nusantara set to face first major test

Jokowi has championed the Nusantara project and made it a goal for the new city to host Indonesia’s independence day celebrations before he leaves office in October.
ASEAN Business

Indonesia cuts back independence day party at remote new capital

Nusantara is not yet legally the nation’s capital until the president issues a decree transferring the status from Jakarta.
ASEAN Business

Prabowo commits to continue building Indonesia’s new capital

epa11501608 Indonesian President Joko Widodo (C), accompanied by some Indonesian influencers, rides a motorcycle during his working visit to Indonesia's new capital city Nusantara in East Kalimantan, Indonesia, 28 July 2024. EPA-EFE/ADI WEDA
International

Indonesia president says 'everything in progress' at new capital

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