Indonesia seeks 120 million USD in investment by 2025
Indonesia aims to secure an investment of 120 million US dollars by 2025 to bolster its national economy, Minister of Investment Rosan Roeslani said on Monday.
An earthquake of magnitude 6.3 struck 573km E of Java, Indonesia on Friday, reported the National Center for Seismology (NCS).
The quake was at a depth of 600 Km, NCS said. “Earthquake of Magnitude:6.3, Occurred on 14-04-2023, 15:25:45 IST, Lat: -6.35 & Long: 112.03, Depth: 600 Km, Location: 573km E of Java, Indonesia,” tweeted NCS.
No tsunami warnings have been posted till now. More details awaited.
Earthquakes, volcanic eruptions and tsunamis frequently strike Indonesia, a country of more than 270 million people because of its location on the “Ring of Fire.”
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The Ring of Fire, or the Circum-Pacific Belt, is a path along the Pacific Ocean characterized by active volcanoes and frequent earthquakes.
It is a horseshoe-shaped belt about 40,000km long and about 500 km wide that contains two-thirds of the world’s total volcanoes and 90 per cent of Earth’s earthquakes.
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