Orangutans have lost their homes due to deforestation, often linked to coal mining, and palm oil and timber plantations. But they could face an even bigger threat as Southeast Asia’s largest country builds from scratch Nusantara – a new $32 billion city.
But environmentalists are wary that construction in an area spanning nearly 260,000 hectares – almost four times the size of Singapore – would disturb some of Borneo’s endemic fauna, including endangered long-nosed monkeys, Irrawaddy dolphins and orangutans.
About 400 hectares of mangrove forests along the coastline of Balikpapan bay have already been cleared according to the group’s estimation, to make way for a coal port and oil refinery. The Nusantara Capital City Authority said mangroves would be replanted in other areas and guidelines have been made for workers encountering an animal.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
South Cotabato mayor fears assassination plot after gun attack on trusted aidePolomolok Mayor Bernie Palencia’s executive secretary, Rhyolite Balili, survives the attack on Friday, March 17, which the local chief executive interpreted as a message of death for him.
Read more »
Oil prices hit lowest levels since 2021 on banking fearsOil prices dropped to their lowest levels in 15 months on Monday on concerns that risks in the global banking sector and a potential increase in US interest rates could spark a recession that would sap fuel demand. | Reuters
Read more »
Wall St ends higher as bank contagion fears ease, Fed eyedNEW YORK - U.S. stocks jumped on Monday after a deal to rescue Credit Suisse and central bank efforts to bolster confidence in the financial system relieved investors, while participants also
Read more »
Credit Suisse rescue eases crisis fears, First Republic shares diveThe tumult at First Republic Bank, whose shares ended down 47.1% on Monday, March 20, overshadows an otherwise positive day for banking stocks globally.
Read more »
Shares jump but investor fears about bank 'whack-a-mole' lingerThe Dow Jones Industrial Average jumps 0.98%, the S&P 500 rallies 1.3%, and the Nasdaq Composite climbs 1.6% on Tuesday, March 21.
Read more »
Indonesia central bank governor gets approval for new term from parliament bodyIndonesia’s central bank governor Perry Warjiyo has secured approval from a key parliamentary body for his reappointment for a second term, after pledging to maintain a “pro-stability” monetary stance until 2024. | Reuters
Read more »