Indonesian Tycoon Sugianto Kusuma Plans US$16B Theme Park and F1 Race
Sugianto Kusuma, an influential Indonesian tycoon, is set to embark on a monumental $16 billion project. This ambitious venture includes a large-scale theme park and a Formula 1 race track. Kusuma’s vision could reshape the entertainment and sports landscape in the region, blending world-class attractions with high-speed racing thrills. The Vision Behind the $16 Billion
Foreign Capital Outflow from Indonesia Reaches Rp 7.50 Trillion
In the past week, Indonesia has witnessed a significant foreign capital outflow of Rp 7.50 trillion. This marks a challenging period for the nation’s financial market, influenced by global economic uncertainties and shifting investor sentiment. 1. What Caused the Foreign Capital Outflow? Several factors contributed to the capital flight, including: 2. Impacts on Indonesia’s Economy