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Bank Indonesia Reports Foreign Capital Outflow of Rp 950 Billion in Three Days
Bank Indonesia (BI) reported that foreign capital outflow from Indonesia's financial markets has reached Rp950 billion in just three days from May 2 to...
OIKN Prepares Land for Investors in the New Capital City
The National Capital Territory Authority (OIKN) is currently preparing land for use by investors in the new capital city of Indonesia (Nusantara).
The Deputy...
Progress of New Nusantara Capital City Reaches 25%
The physical development progress of Indonesia's new capital city, Ibu Kota Negara Nusantara (IKN), has reached 25 percent. As a result, the government is...
Detailed Plan for New Capital City Revealed: Will Be Covered by Forest
The Indonesian government has released a detailed spatial plan (RDTR) for the new capital city (IKN) in East Kalimantan, which is currently under construction....
Foreign Capital Inflows Reach IDR 10.97 Trillion in Indonesian Financial Markets
The Indonesian Central Bank, Bank Indonesia (BI), has reported that foreign capital inflows into the Indonesian financial market reached Rp10.97 trillion during the period...
Foreign Capital Outflow Reaches Rp140 Billion in Fourth Week of March 2023
The Bank of Indonesia (BI) has reported that foreign capital outflow from Indonesia's financial markets in the fourth week of March 2023 reached IDR...
Government Offers Tax Incentives to Foreign Companies Moving Headquarters to Indonesia’s New Capital
President Joko Widodo (Jokowi) has announced an incentive program to provide tax exemption for foreign companies willing to relocate their offices to the new...
Jokowi Allows Investors to Operate for Up to 95 Years in New Capital City
Indonesian President Joko Widodo, popularly known as Jokowi, has granted permission for investors to conduct business in the new capital city, Nusantara, for up...
PUPR Allocates $4.5 Billion for Initial Phase of New Capital City Development
The Ministry of Public Works and Housing (PUPR) has allocated a budget of $4.5 billion or Rp 62 trillion for the initial stage of...
Railway Lines Will Be Built in the New Capital after 2025
The Indonesian Ministry of Transportation (Kemenhub) has announced that it will only begin developing railway lines in the country's new capital, IKN Nusantara, after...
