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.

Indonesia will require natural resource exporters to hold all proceeds onshore for at least one year, its chief economic minister said on Tuesday, a move that could boost the country's foreign exchange reserves by $90 billion a year and support the local currency.

Indonesian rescuers recovered the bodies of at least 17 people who 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, officials said Tuesday.

Indonesia will require natural resource exporters to keep all proceeds onshore for at least one year under a new regulation the government will soon issue, its chief economic minister said on Tuesday.

JAKARTA: A landslide triggered by heavy rain on Indonesia's main island of Java has killed at least 16 people with three others missing, disaster officials said

Middle powers with rapidly growing economies feel they have more bargaining power than they once did – and some are not afraid to use it.

Indonesia is set to sign an agreement with France for the repatriation of Serge Atlaoui, a French national on death row for drug offences. Negotiations are nearly complete, and factors such as Atlaoui’s health have influenced the decision.

JAKARTA (Reuters) - Indonesia is looking into ways to repatriate an al Qaeda-linked Guantanamo Bay detainee accused of involvement in some of the country's deadliest attacks, including the 2002 bombings on the resort island of Bali, according to the state news agency.

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

South African travellers can now apply for an Indonesia Electronic Visa on Arrival (e-VoA) through a new streamlined platform by VFS Global, enhancing their travel experience.

Indonesia is considering potential cuts to nickel ore supplies to help boost prices amid a global glut, in a move that could put the brakes on rapid production growth in the world’s largest producer of a metal critical to steelmaking and EV batteries.

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,