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Jakarta. Jakarta[c] (/ dʒəˈkɑːrtə /; Indonesian pronunciation: [dʒaˈkarta] ⓘ, Betawi: Jakartè), officially the Special Capital Region of Jakarta[12] (Indonesian: Daerah Khusus Ibukota Jakarta, abbreviated to DKI Jakarta) and formerly known as Batavia until 1949, is the capital and largest city of Indonesia.
Growth accelerated to 5.1% in 2004 and reached 5.6% in 2005. Real per capita income has reached fiscal levels in 1996–1997. Growth was driven primarily by domestic consumption, which accounts for roughly three-fourths of Indonesia's gross domestic product (GDP). The Jakarta Stock Exchange was the best performing market in Asia in 2004, up by ...
Tourism in Indonesia is an important component of the Indonesian economy as well as a significant source of its foreign exchange revenues. Indonesia was ranked at 20th in the world tourist Industry in 2017, also ranked as the ninth-fastest growing tourist sector in the world, the third-fastest growing in Asia and fastest-growing in Southeast ...
Indonesian President Joko Widodo launched construction on Wednesday for a new line on Jakarta's mass rapid transit (MRT) system, funded by a loan of nearly $1 billion from Japan, in a bid to ...
History of Jakarta. Jakarta is Indonesia 's capital and largest city. Located on an estuary of the Ciliwung River, on the northwestern part of Java, the area has long sustained human settlement. Historical evidence from Jakarta dates back to the 4th century CE, when it was a Hindu settlement and port.
The Special Region of Jakarta Act [1] (Indonesian: Undang-Undang Provinsi Daerah Khusus Jakarta) is a law which declared that Jakarta is no longer the capital of Indonesia. With the law's passing, Nusantara officially becomes Indonesia's new capital beginning on 25 April 2024, with Jakarta's status as "Special Capital Region" being revoked.
Indonesia, the world's fourth most populous country, is planning to move its capital away from Jakarta, which is suffering from severe congestion and also rapidly sinking.
One of the implications of urbanization and development in Indonesia is the changing demographics in the rural areas. According to the United Nations Department of Economics and Social Affairs, the population aged over 60 in Indonesia is expected to rise by 16% by 2050, which indicates the rapidly ageing population in Indonesia. [ 12]