8/16, 9:38 AM (Source: TeleTrader)
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Indonesian president suggests moving capital to Borneo

Indonesian President Joko Widodo made a formal proposition to parliament on Friday to relocate the country's capital from Jakarta on the island of Java to a city on Kalimantan, Indonesia's portion of the island of Borneo.

"I hereby request your permission to move our national capital to Kalimantan," Widodo said in an annual speech ahead of the country's Independence Day but didn't specify which city would be chosen. "A capital city is not just a symbol of national identity, but also a representation of the progress of the nation. This is for the realization of economic equality and justice," he added.

Widodo was reelected as Indonesia's president earlier this year and is set to be sworn in for his second term in October.

Breaking the News / NP