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.

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.

We’re taking The Big Take to Asia. Each week, Bloomberg’s Oanh Ha tells a story from the home of the world's most dynamic economies - and the markets, tycoons and businesses that drive the ever-shifting region.

We’re taking The Big Take to Asia. Each week, Bloomberg’s Oanh Ha tells a story from the home of the world's most dynamic economies - and the markets, tycoons and businesses that drive the ever-shifting region.

Big Take Asia

Indonesia Is Building a New Capital. It’s Not Going Well

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Higher tariffs. Geopolitical flare-ups. Inflammatory comments. All across Asia, countries are bracing for the return of Donald Trump.

On today’s Big Take Asia Podcast, we unpack what a second Trump term means for China, India and other Asian economies – who are the potential winners and losers and what’s ahead. Host K. Oanh Ha is joined by Daniel Ten Kate, Bloomberg’s executive editor for Asia economy and government, Chan Heng Chee, the ambassador-at-large with the Singapore Foreign Ministry, and Erin Murphy, deputy director of Chair on India and Emerging Asia Economics at the Center for Strategic and International Studies.

Read more: Trump Is Set to Elevate China Hawks, Deepening Beijing Rift

Further listening: The Economic Impact of Trump’s Promises

Become a Bloomberg.com subscriber using our special intro offer at bloomberg.com/podcastoffer. You’ll get episodes of this podcast ad-free and unlock access to deep reporting, data and analysis from reporters around the world.

Higher tariffs. Geopolitical flare-ups. Inflammatory comments. All across Asia, countries are bracing for the return of Donald Trump.
On today’s Big Take Asia Podcast, we unpack what a second Trump term means for China, India and other Asian economies – who are the potential winners and losers and what’s ahead. Host K. Oanh Ha is joined by Daniel Ten Kate, Bloomberg’s executive editor for Asia economy and government, Chan Heng Chee, the ambassador-at-large with the Singapore Foreign Ministry, and Erin Murphy, deputy director of Chair on India and Emerging Asia Economics at the Center for Strategic and International Studies.
Read more: <a href="https://www.bloomberg.com/news/articles/2024-11-12/trump-s-security-advisor-pick-sees-china-as-the-greater-threat">Trump Is Set to Elevate China Hawks, Deepening Beijing Rift </a>Further listening: <a href="https://podcasts.apple.com/us/podcast/the-economic-impact-of-trumps-promises/id1578096201?i=1000676550593">The Economic Impact of Trump’s Promises</a>
Become a <a href="http://bloomberg.com/">Bloomberg.com</a> subscriber using our special intro offer at <a href="https://www.bloomberg.com/subscriptions/podcasts?utm_campaign=BigTakeDaily&amp;utm_medium=referral&amp;utm_source=Podcast">bloomberg.com/podcastoffer</a>. You’ll get episodes of this podcast ad-free and unlock access to deep reporting, data and analysis from reporters around the world.

Another Trump Term Is Coming. Is Asia Ready?

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/075aed62-81a4-4ede-ad6c-b2260161bd39/transcript

A record number of Pakistanis are leaving at a rapid speed. Among them are some of the country’s top talent including doctors, engineers, accountants and managers. Over the last three years, one million skilled workers like them have left Pakistan.

On today’s Big Take Asia Podcast, host Rebecca Choong Wilkins talks to Bloomberg’s Pakistan Bureau Chief Faseeh Mangi about what’s behind the severe brain drain in one of the world’s most populous nations, where the immigrants are going, and what it means for the country’s already fragile economy that depends on loans from the International Monetary Fund.



Read more: 

Pakistan’s Top Talent Is Leaving the Country in Record Numbers


Watch, from Bloomberg Originals:
What’s Driving Pakistan’s Middle Class Brain Drain?

A record number of Pakistanis are leaving at a rapid speed. Among them are some of the country’s top talent including doctors, engineers, accountants and managers. Over the last three years, one million skilled workers like them have left Pakistan.
On today’s Big Take Asia Podcast, host Rebecca Choong Wilkins talks to Bloomberg’s Pakistan Bureau Chief Faseeh Mangi about what’s behind the severe brain drain in one of the world’s most populous nations, where the immigrants are going, and what it means for the country’s already fragile economy that depends on loans from the International Monetary Fund. 
Read more: 
<a href="https://www.bloomberg.com/news/features/2024-10-31/pakistan-s-brightest-leave-at-record-pace-with-high-cost-of-living-pkr-drop">Pakistan’s Top Talent Is Leaving the Country in Record Numbers</a>
 Watch, from Bloomberg Originals: <a href="https://www.youtube.com/watch?v=YAeOOpk0OEI">What’s Driving Pakistan’s Middle Class Brain Drain?</a>

Pakistan Is Getting Too Expensive For Its Middle Class – So They’re Leaving

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/73dfb2c8-446e-4a88-bac2-b21f011f2dd4/transcript

Vietnamese real estate tycoon Truong My Lan was convicted in April of orchestrating a $12.3 billion fraud. She was sentenced to death by lethal injection, which she is appealing. And this week, the court is expected to hand down another verdict on additional charges.

On today’s Big Take Asia podcast, host K. Oanh Ha speaks to Bloomberg’s John Boudreau about how Lan was able to embezzle so much money for so long, how she went from riches to death row and what her multibillion fraud case means for one of the fastest growing economies in Asia.

Vietnamese real estate tycoon Truong My Lan was convicted in April of orchestrating a $12.3 billion fraud. She was sentenced to death by lethal injection, which she is appealing. And this week, the court is expected to hand down another verdict on additional charges.
On today’s Big Take Asia podcast, host K. Oanh Ha speaks to Bloomberg’s John Boudreau about how Lan was able to embezzle so much money for so long, how she went from riches to death row and what her multibillion fraud case means for one of the fastest growing economies in Asia.

How an Infamous Vietnamese Businesswoman Engineered a $12 Billion Fraud

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/6a4afb0d-89d3-4a12-b6c2-b20a0145b3f3/transcript

Indonesia Is Building a New Capital. It’s Not Going Well

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