The as-yet unnamed new capital will straddle the regions of North Penajam Paser and Kutai Kartanegara in Indonesia's province of East Kalimantan on BorneoJakarta, Indonesia's capital is now home to 10 million people and is prone to floods, traffic gridlock and faces the risk of earthquakes
2 min read26 Aug 2019Flooding is common during the tropical nation's wet season and that is expected get worse as sea levels rise due to global warmingExisting environmental measures have had little impact, so authorities are taking drastic action: the nation will have a new capital
3 min read16 Aug 2019India's rupee and Indonesia's rupiah are poised to end November with gains of more than 5% each, their best monthly advance since at least 2015
1 min read29 Nov 2018OYO begins its operations with over 30 exclusive hotels and more than 1,000 rooms in three cities Jakarta, Surabaya and Palembang
1 min read18 Oct 2018Karachi is forecast to be at third most populated city in the world by 2030, followed by Manila and Cairo
1 min read9 Oct 2018Despite a record-breaking haul at the Asian Games, India remains an underperformer, highlighting the need for an increase in sports investment
3 min read5 Sep 2018Players from 18 nations competed across six different games at the 18th Asian Games in competitive video gaming's debut at a major multi-sport event
3 min read3 Sep 2018Every time a multidisciplinary sporting event begins, it underlines the heartbreak-hope-heartbreak cycle of Indian sport
4 min read25 Aug 2018Since 1997, Opec has become cautious about any sign of economic trouble. As the oil cliche goes, Saudi Arabia was still haunted by the Ghost of Jakarta
3 min read20 Aug 2018There's little doubt these are exciting days in Malaysia and that Mahathir Mohamad is giving investors myriad reasons to cheer
3 min read12 Jul 2018The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared