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The Standard Group Plc is a
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Indonesia’s president has decided to move the capital of the world’s fourth most populous country away from the crowded main island of Java, but has yet to finalize a new location, the planning minister said on Monday.
President Joko Widodo’s decision comes less than two weeks after private pollsters said he had won an April 17 presidential election, although official results are not due until May 22. His challenger, Prabowo Subianto, has also claimed victory.
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