Showing news for keyword: "central"
Indonesia's central bank governor, Perry Warjiyo, unexpectedly resigned after nearly eight years in office, ending the tenure of one of the country's most respected economic policymakers. His departure comes amid growing debate over the independence of Bank Indonesia under President Prabowo Subianto, leaving investors focused on who will shape monetary policy in Southeast Asia's largest economy.
The Nusantara Times, Jakarta – On February 12, 2025, officials announced that construction of Indonesia’s new capital, Nusantara, is advancing at an impressive pace. Despite facing significant budget cuts, the government has maintained strong momentum on the large-scale infrastructure project—central to the nation’s long-term development strategy.