logo
episode-header-image
Dec 2024
15m 57s

Indonesia Is Building a New Capital. It’...

Bloomberg and iHeartPodcasts
About this episode

Indonesia has embarked on an ambitious project to build a new capital city from scratch because Jakarta is overcrowded, polluted and sinking, fast.

But the multibillion dollar new city, Nusantara, was plagued with problems from the very start. On today’s Big Take Asia Podcast, host K. Oanh Ha talks to Bloomberg’s Faris Mokhtar about what went wrong, and what’s at stake for Southeast Asia’s largest economy if it fails.

See omnystudio.com/listener for privacy information.

Up next
Today
What the End of De Minimis Means for Your Shopping
This Friday, a big change is coming for the more than 4 million inexpensive packages that enter the US daily from abroad: President Donald Trump is ending the de minimis exemption, a loophole that has allowed cheap goods to pass through customs tariff-free for nearly 90 years. It ... Show More
12m 25s
Yesterday
Why Austan Goolsbee Is Still Concerned About Inflation
Chicago Fed President Austan Goolsbee is still more concerned about the inflation side of the Fed's mandate than he is about the employment side. This is noteworthy because in general markets are expecting rate cuts to come soon, and also Chairman Jerome Powell, speaking in Jacks ... Show More
34m 35s
Aug 22
What Powell Said About the Possibility of a September Rate Cut
In a speech at the annual Jackson Hole Economic Policy Symposium, Fed Chair Jerome Powell left the door open for a possible interest rate cut in September, sending a positive signal to Wall Street that pushed markets higher. This comes at a unique moment for the US Central Bank, ... Show More
18m 20s
Recommended Episodes
Jul 2024
Battleground Cement: Adani vs Birla
Adani group’s recent acquisition spree in the cement space has reshaped the competitive landscape by challenging Aditya Birla Group’s long-standing lead with UltraTech cement. Aditya Birla Group has continued its aggressive expansion strategy through its recent buyout of India Ce ... Show More
20m 7s
Jan 2025
Commodity Power: Indonesia Joins the BRICS – How Should the US Respond? (Preview)
Jan 21, 2025 – Indonesia joins the BRICS: Is it a win for China, or something more nuanced? Edward Gustely, managing director of Penida Capital Advisors in Jakarta, Indonesia offers a unique perspective on this pivotal development... 
2m 3s
Jan 2025
BRICS grows, adding Indonesia as member: world's 4th most populous country, 7th biggest economy
BRICS keeps expanding. As a new full member, it added Indonesia, the 4th most populous country with the 7th largest economy on Earth. BRICS now has 10 members and 8 partners. Together they make up 41.4% of global GDP (PPP) and roughly half the world population. Ben Norton explain ... Show More
25m 6s
May 2022
The son shines: elections in the Philippines
Voters in the Philippines choose a new president on Monday. The likely winner is a scion of one of the country’s most controversial families. Exxon struck oil off the coast of Guyana a few years back. How will becoming a petrostate change this small country on South America’s nor ... Show More
26m 19s
Jul 2023
Will drastic reforms save Nigeria’s economy – or cause more pain?
When Bola Tinubu was elected as Nigeria’s president in May, many expected little would change. But from the first minutes of his inauguration speech, the 71-year-old has brought big changes to Africa’s largest economy. He says the moves, including scrapping a key fuel subsidy, ar ... Show More
18m 33s
Mar 2025
Albanese Announces the Australian Election
In today’s episode, we cover why Canada is marking a ‘new-era’ for US-Canadian relations, China’s push to enthral global business leaders, the 7.7 magnitude Myanmar earthquake, and Australia's upcoming election. Watch TLDR’s latest videos here:Why the DRC is Offering Trump a Mine ... Show More
6m 15s
Oct 2024
E82: Charlie Wright: hard work, failure, mindset & the serendipity behind Humantra’s Huda Beauty investment
I sat down with Charlie Wright, Founder & CEO of Humantra, the fastest-growing electrolytes brand in the UAE, now eyeing global expansion after a successful UK launch. Charlie’s journey to Dubai began straight out of college, where a sales job quickly showed him that he craved mo ... Show More
1h 23m
Jul 22
US Economy is Regaining Ground & China’s Controversial $170B Mega-Dam
Episode 631: Neal and Toby chat about what’s behind the US economy’s bounce back after withstanding Trump tariff fears. Then, China begins construction of a $170B massive hydropower dam that will be the world’s largest. Also, Figma excites Wall Street by becoming the first softwa ... Show More
28m 17s