JAKARTA (Reuters) - Indonesia's new President Prabowo Subianto plans to spend 48.8 trillion rupiah ($2.99 billion) through 2029 to build the new capital city "Nusantara", with a target of relocating the government there by 2028, the project's chief said on Tuesday.

Hundreds of civil servants from Indonesia’s Higher Education Ministry reportedly staged a demonstration outside the ministry’s office on Monday (Jan 20).

Critics are calling for the practice to be abolished entirely, citing its discriminatory nature and harmful impact on women

Indonesian rescuers have recovered at least 16 bodies that were swept away in flash floods or buried under tons of mud and rocks that hit hilly villages on the country’s main island of Java

Indonesia is likely to sign an agreement with France before the end of this month over the repatriation of a Frenchman who is on death row on charges of drug offences, a senior minister said on Tuesday.

Airlangga said the new regulation could increase the national forex reserves by an additional $90 billion or more.

Russian oil has long been subject to widespread European sanctions following a major escalation to the Russo-Ukraine war in 2022. These sanctions forced Russia to sell crude oil at a discount of $3 to $4 per barrel below global benchmarks.

Indonesia will rely more on private investors for its planned 71 gigawatt expansion in power capacity over the next decade, with the government to focus on transmission for renewable generation, the country's energy minister said on Monday.

Indonesia’s senior diplomat has called on the United Nations Security Council (UNSC) to make haste on securing lasting peace in Gaza as the truce between Israeli forces and Palestinian militant group Hamas entered its third day.

Indonesia's new President Prabowo Subianto plans to spend 48.8 trillion rupiah ($2.99 billion) through 2029 to build the new capital city "Nusantara", with a target of relocating the government there by 2028,

JAKARTA - Indonesia is likely to sign an agreement with France before the end of this month, over the repatriation of a Frenchman on death row on charges of drug offences, a senior minister said on Jan 21.

Indonesia's new President Prabowo Subianto plans to spend 48.8 trillion rupiah ($2.99 billion) through 2029 to build the new capital city "Nusantara".