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Aid arrives in cyclone-ravaged Indonesia as death toll rises to nearly 180

Two Indonesian navy ships packed with aid arrived Thursday in a cyclone-ravaged section of the archipelago, as the disaster’s death toll rose to nearly 180 people, including dozens killed in neighboring East Timor.
The vessels docked in hard-hit Lembata and Adonara island with hospital ships also en route to the ravaged cluster of islands in eastern Indonesia where thousands have been left homeless and dozens are still missing.Torrential rains from Tropical Cyclone Seroja, one of the most destructive storms to hit the region in years, turned small communities into wastelands of mud and uprooted trees, sending thousands fleeing to shelters amid widespread power blackouts.

The storm on Sunday swept buildings in some villages down a mountainside and to the shore of the ocean on Lembata, where one of the aid ships arrived Thursday.
The navy vessels are packed with food, including rice and noodles, as well as blankets and other materials for some of the region’s more than 20,000 evacuees.
“The two navy ships arrived today,” said Kompiang Aribawa, a regional naval base chief.
“Another ship will arrive later today carrying military personnel who will be deployed to help people in the aftermath of the disaster,” he added.
A cargo plane left Jakarta for the disaster-struck region with about 100,000 face masks, virus test kits, as well as prepared food and blankets for survivors, Indonesia’s disaster agency chief said earlier.
At least 140 people have been listed as dead in Indonesia.
Another 37 were killed in East Timor – a tiny half-island nation of 1.3 million sandwiched between Indonesia and Australia that is officially known as Timor-Leste.
More than 70 people are still listed as missing, with disaster agency officials deploying sniffer dogs to search mountains of debris for bodies – and any survivors.
Rescuers have spent the past few days using diggers and shovels to extract mud-covered corpses from the debris.
Hospitals, bridges and thousands of homes were damaged or destroyed by the storm.
Authorities in both countries were also battling to avoid Covid-19 outbreaks in crammed evacuation shelters.
Fatal landslides and flash floods are common across the Indonesian archipelago during the rainy season, with deforestation often the cause, environmentalists say.
The disaster agency has estimated that 125 million Indonesians – nearly half of the country’s population – live in areas at risk of landslides.
source: AFP
Image source: Reuters
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BENEFIT AGM approves 10%...
- March 27, 2025
BENEFIT, the Kingdom’s innovator and leading company in Fintech and electronic financial transactions service, held its Annual General Meeting (AGM) at the company’s headquarters in the Seef District.
During the meeting, shareholders approved all items listed on the agenda, including the ratification of the minutes of the previous AGM held on 26 March 2024. The session reviewed and approved the Board’s Annual Report on the company’s activities and financial performance for the fiscal year ended 31 December 2024, and the shareholders expressed their satisfaction with the company’s operational and financial results during the reporting period.
The meeting also reviewed the Independent External Auditor’s Report on the company’s consolidated financial statements for the year ended 31 December 2024. Subsequently, the shareholders approved the audited financial statements for the fiscal year. Based on the Board’s recommendation, the shareholders approved the distribution of a cash dividend equivalent to 10% of the paid-up share capital.
Furthermore, the shareholders endorsed the allocation of a total amount of BD 172,500 as remuneration to the members of the Board for the year ended 31 December 2024, subject to prior clearance by related authorities.
The extension of the current composition of the Board was approved, which includes ten members and one CBB observer, for a further six-month term, expiring in September 2025, pending no objection from the CBB.
The meeting reviewed and approved the Corporate Governance Report for 2024, which affirmed the company’s full compliance with the corporate governance directives issued by the CBB and other applicable regulatory frameworks. The AGM absolved the Board Members of liability for any of their actions during the year ending on 31st December 2024, in accordance with the Commercial Companies Law.
In alignment with regulatory requirements, the session approved the reappointment of Ernst & Young (EY) as the company’s External Auditors for the fiscal year 2025, covering both the parent company and its subsidiaries—Sinnad and Bahrain FinTech Bay. The Board was authorised to determine the external auditors’ professional fees, subject to approval from the CBB, and the meeting concluded with a discussion of any additional issues as per Article (207) of the Commercial Companies Law.
Speaking on the company’s performance, Mr. Mohamed Al Bastaki, Chairman BENEFIT , stated: “In terms of the financial results for 2024, I am pleased to say that the year gone by has also been proved to be a success in delivering tangible results. Growth rate for 2024 was 19 per cent. Revenue for the year was BD 17 M (US$ 45.3 Million) and net profit was 2 Million ($ 5.3 Million).
Mr. Al Bastaki also announced that the Board had formally adopted a new three-year strategic roadmap to commence in 2025. The strategy encompasses a phased international expansion, optimisation of internal operations, enhanced revenue diversification, long-term sustainability initiatives, and the advancement of innovation and digital transformation initiatives across all service lines.
“I extend my sincere appreciation to the CBB for its continued support of BENEFIT and its pivotal role in fostering a stable and progressive regulatory environment for the Kingdom’s banking and financial sector—an environment that has significantly reinforced Bahrain’s standing as a leading financial hub in the region,” said Mr. Al Bastaki. “I would also like to thank our partner banks and valued customers for their trust, and our shareholders for their ongoing encouragement. The achievements of 2024 set a strong precedent, and I am confident they will serve as a foundation for yet another successful and impactful year ahead.”
Chief Executive of BENEFIT; Mr. Abdulwahed AlJanahi commented, “The year 2024 represented another pivotal chapter in BENEFIT ’s evolution. We achieved substantial progress in advancing our digital strategy across multiple sectors, while reinforcing our long-term commitment to the development of Bahrain’s financial services and payments landscape. Throughout the year, we remained firmly aligned with our objective of delivering measurable value to our shareholders, strategic partners, and customers. At the same time, we continued to play an active role in enabling Bahrain’s digital economy by introducing innovative solutions and service enhancements that directly address market needs and future opportunities.”
Mr. AlJanahi affirmed that BENEFIT has successfully developed a robust and well-integrated payment network that connects individuals and businesses across Bahrain, accelerating the adoption of emerging technologies in the banking and financial services sector and reinforcing Bahrain’s position as a growing fintech hub, and added, “Our achievements of the past year reflect a long-term vision to establish a resilient electronic payment infrastructure that supports the Kingdom’s digital economy. Key developments in 2024 included the implementation of central authentication for open banking via BENEFIT Pay”
Mr. AlJanahi concluded by thanking the Board for its strategic direction, the company’s staff for their continued dedication, and the Central Bank of Bahrain, member banks, and shareholders for their valuable partnership and confidence in the company’s long-term vision.
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