The Business Times
SUBSCRIBERS

Riau's economic loss from forest fires in March hits 20t rupiah

500b rupiah set aside to fight blazes in May-Aug period

Published Mon, Apr 21, 2014 · 10:00 PM
Share this article.

THE loss to local businesses and incomes from forest fires so far this year, which have largely been concentrated on the island of Sumatra, is approaching the damage wrought by the 2004 tsunami that devastated the province of Aceh.

Last month's fires have sapped 20 trillion rupiah (S$2.18 billion) this year from the regional economy, according to Sutopo Nugroho, spokesman for the National Agency for Disaster Management, or BNPB.

By comparison, the economic disruption from the deadly tsunami 10 years ago was to the tune of 30 trillion rupiah, he noted. The 20 trillion rupiah economic loss figure is for Riau alone. The BNPB …

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

New Articles

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here