Indonesia’s Widodo delays move to new capital, amid Prabowo’s potential shift on Nusantara

 Jakarta: President Joko Widodo has delayed relocating his office to Indonesia’s new 500 trillion rupiah (US$32 billion) planned capital city, citing missed deadlines for critical infrastructure, in a move observers say signals that development on his legacy project is significantly behind schedule. Widodo last month said he would start working from the new capital – […]

Read More

Indonesia offers ‘golden visa’ to entice foreign investors

Jakarta : Indonesia is introducing a golden visa scheme to attract foreign individual and corporate investors in an attempt to boost its national economy, a statement from the ministry of law and human rights distributed on Sunday said. “The golden visa is granting a residence permit for an extended period of five to 10 years,” director […]

Read More