WB grants 400 million USD for Indonesia’s mangrove rehabilitation

The World Bank has offered 5.5 trillion rupiahs (400 million USD) to help Indonesia rehabilitate its mangrove forests in the next four years.

Friday, November 27, 2020 10:55

WB grants 400 million USD for Indonesia’s mangrove rehabilitation ảnh 1

Illustrative photo (Source: World Bank)

Jakarta (VNA) – The World Bank has offered 5.5trillion rupiahs (400 million USD) to help Indonesia rehabilitate its mangroveforests in the next four years.

According to Indonesian Coordinating Minister of MaritimeAffairs and Investments, Luhut Binsar Pandjaitan, the funding will support thecountry’s mangrove rehabilitation programme, which is set to recover about600,000 hectares.

According to official data, the nation currently has 3.49million hectares of mangrove forests, of which 52 percent or 1.82 millionhectares are in damaged condition.

Based on Indonesia’s 2020-2024 National Medium-TermDevelopment Plan (RPJMN), its Ministry of Maritime Affairs and Fisheries hasbeen mandated to carry out coastal rehabilitation efforts through mangrove treeplanting across 1,800 ha areas by 2024./.

VNA

#World Bank #Indonesia #mangrove forests #Luhut Binsar Pandjaitan #Indonesia’s mangrove rehabilitation #vietnam #vietnam news agency #vietnamplus

See more

Thai Prime Minister Paetongtarn Shinawatra luanches the second phase of the digital wallet scheme on Jan 27, 2025, at Government House. The World Bank warns the policy has added to fiscal pressures. (Photo: static.bangkokpost.com)

WB sees Thai fiscal risks mounting due to spending surge

15/02/2025 09:12

Pro-growth consumption-stimulating measures such as the digital wallet have added to fiscal pressures in Thailand, the World Bank said.

Thailand's Ministry of Finance is mulling amending tax laws on income from foreign investments to create a more favourable environment for investors and lure Thais to repatriate their earnings. (Photo: AFP/VNA)

Thailand considers easing rules on income from overseas

15/02/2025 06:00

Thailand's Ministry of Finance is mulling amending tax laws on income from foreign investments to create a more favourable environment for investors and lure Thais to repatriate their earnings.

Cambodia ready to boost rice exports to the Philippines. (Photo: khmertimes)

Cambodia ready to boost rice exports to Philippines

15/02/2025 05:05

The Philippines will import 4.8 million tonnes of rice this year, according to the country's Bureau of Plant Industry.

Malaysia’s foreign direct investment is expected to remain robust in the long term. (Photo: thestar.com.my)

Malaysia expected to remain magnet for FDI

15/02/2025 03:20

A confluence of factors, including its significance in the global tech supply chain, friendly FDI policies, existing industry clusters, a skilled labour force and extensive free trade agreements (FTAs), makes Malaysia an outperformer in the region

Malaysia takes the lead in data centre development

15/02/2025 02:15

Malaysia is making efforts to align with the global trend towards digitalisation, which is driving demand for data centres, cloud computing, blockchain and artificial intelligence (AI).

The website of the Anti-Fake News Centre has had nearly 28 million views. (Bangkok Post File Photo)

Thailand to use AI to prevent fake news

15/02/2025 00:05

The Thai Ministry of Digital Economy and Society said it is cooperating with over 300 agencies to eradicate fake news while looking to use articial intelligence (AI) to verify news reports.

Indonesian Deputy Foreign Minister Arrmanatha Nasir (center) in a meeting with representatives of the Coalition for Epidemic Preparedness Innovations (CEPI) in Jakarta on February 13, 2025. (Photo: ANTARA)

Indonesia eyes vaccine independence through collaboration with CEPI

14/02/2025 21:04

Indonesia is advancing its efforts to realise national vaccine independence through a collaboration with the Coalition for Epidemic Preparedness Innovations (CEPI).

Penang Chief Minister Chow Kon Yeow (Photo: Yahoo News)

Malaysia needs more funding for semiconductor sector

14/02/2025 20:15

Malaysia needs more funding for the implementation of the National Semiconductor Strategy (NSS) to enhance its competitiveness with neighbouring countries, said Penang Chief Minister Chow Kon Yeow.

Illustrative image (Photo: https://nationthailand.com)

Nissan to close factory in Thailand

14/02/2025 18:08

The company expects to cut or transfer about 1,000 jobs in Thailand and stated that reducing operating expenses by around 400 billion JPY (2.62 billion USD) in the 2026 fiscal year will help maintain a stable operating profit margin of 4%.

Indonesia establishes two more maritime conservation areas

14/02/2025 16:52

With the addition of two conservation areas, Indonesia's total marine conservation area has surpassed 30 million hectares, almost reaching the national 2030 target of 32.5 million hectares.

Power, internet signal cuts help effectively prevent call-centre gangs in Thailand

14/02/2025 16:13

A security source revealed that following Thailand’s power and internet signal cut-off measures on February 5, illegal businesses operated by these groups have been severely affected, forcing them to relocate from Payathonzu under increasing pressure.

The North of Thailand is grappling with a surge in wildfires, with 401 hotspots detected across 17 provinces (Photo: The Nation)

Wildfires rage northern Thailand

14/02/2025 14:00

The North of Thailand is grappling with a surge in wildfires, with 401 hotspots detected across 17 provinces, the Region 3 Forest Fire Control Centre said on February 13.

Honda booth at the Indonesia International Motor Show 2025. (Photo: VNA)

Indonesia international motor show kicks off

14/02/2025 12:50

Automobile and motorcycle manufacturers are introducing advanced technologies and the latest products at the show.

Thailand suspends issuance of gun carrying permits to curb crime

14/02/2025 12:20

Traisuree said the order was issued because many people in Thailand carry firearms in public places without a sound reason. Some display their firearms in public to intimidate others. Such habits could lead to crime and danger to people’s lives, properties and morale, she said.