Nusantara: Provincial capital? | July 22, 2025

Hello reader,

How funny would it be if, after all the funds and fuss, Nusantara gets demoted to be the capital of East Kalimantan instead of the whole country? That idea is gaining traction amid economic constraints in Indonesia, and let’s just say we shouldn’t be surprised if this is how things play out.

More on that in today’s edition. Plus, kangaroo(!) bonds, Garuda buying Boeing planes, and another episode in Jokowi’s fake diploma case.

Cheers,

Andra

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