News - Bandung City's Economy Is on Track, Mayor Says Social Inequality is a Focus

Bandung City's Economy Is on Track, Mayor Says Social Inequality is a Focus

Jan, 08 2026

PORTALJABAR, BANDUNG CITY - Bandung City's economic growth is showing a positive trend and is on track for December 2025.

However, behind these achievements, the issue of social inequality remains a problem that must be addressed seriously.

This was conveyed by the Mayor of Bandung, Muhammad Farhan, after attending the 2025 Bandung City-Level One Data Indonesia Forum at the Papandayan Hotel, Bandung City, Monday (15/12/2025).

Farhan explained, based on the latest data, Bandung City's economic growth is on a good trajectory. In the first semester, economic growth was recorded at 5.46 percent, while in the third quarter it reached 5.23 percent.

In addition, the poverty rate decreased to 3.78 percent and the open unemployment rate also decreased.

"In general, Bandung's economy is on track. Growth is good, and poverty and unemployment are declining," he said.

However, Farhan emphasized that social inequality is still relatively high, as reflected in Bandung City's Gini ratio of 0.4, higher than the national standard of around 0.3.

"This inequality is our focus for improvement. The number of poor people has decreased, but the quality of poverty remains a challenge, as some groups in society are increasingly vulnerable," he said.

Farhan confirmed that this condition is an important basis for the Bandung City Government (Pemkot) to strengthen policies that are more precise and pro-vulnerable groups.

According to him, development is not enough to just pursue growth, but must also ensure equitable distribution of prosperity.

Head of the Bandung City Regional Development Planning, Research, and Innovation Agency (Bapperida), Anton Sunarwibowo, emphasized the importance of data-based policies as a foundation for regional development.

He stated that the One Data Forum is a strategic space for strengthening cross-sector data integration and quality.

Anton explained that through strengthening Bandung City's One Data, including the LACI RW innovation, the National Socio-Economic Single Data (DTSEN), and support for the 2026 Economic Census, the Bandung City Government strives to provide accurate, up-to-date, and integrated data as a basis for development planning.

"Strong data will result in targeted policies. By integrating social and economic data down to the neighborhood (RW) level, the government can understand community conditions in greater detail," he said.

According to him, strengthening data governance is also part of efforts to increase the effectiveness of public services and ensure that development programs truly meet the needs of citizens.

Through the One Data Forum, the Bandung City Government affirmed its commitment to making data the primary basis for policy-making, while ensuring that the economic growth achieved goes hand in hand with efforts to reduce social inequality.

[SOURCE]

Bright Optimism for West Java's Economy in 2024: Superior Investment and Exports, Stable Growth Projections

Jabartrust, Bandung – West Java's economy enters 2024 in a bright light. In the latest review, data shows that economic growth still radiates positive light. In the period January to September 2023, West Java investment and exports experienced a significant increase, even reaching the highest position at the national level. Head of the West Java Province Industry and Trade Service, Noneng Komara Nengsih, revealed that investment realization reached IDR 137.2 trillion in that period. With only three months remaining in 2023, West Java remains optimistic that its investment will lead nationally. The industrial sector is the main pillar of growth, accounting for more than half of total investment. Optimism for the West Java processing industrial sector next year is fueled by various factors, including global economic recovery, strong domestic demand growth and high investment in the sector. Improving global conditions also provide a breath of fresh air. With gradual recovery from the impact of the pandemic and projected economic growth increasing from 2.8 percent to 3 percent due to increasing global demand, West Java can further optimize its export potential. In addition, the stability of controlled inflation, falling from 6.17 percent to 2.85 percent in November 2023, gives hope for an increase in people's purchasing power and higher domestic demand. Not only that, West Java also made an achievement as the largest contributor to exports in the period January to October 2023, recording a surplus of US$ 20.57 billion in its Trade Balance. Bank Indonesia estimates that West Java's economic growth will remain positive in 2024, ranging from 4.9 percent to 5.7 percent, despite uncertainty in the global economy. The agricultural and consumption sectors are predicted to experience significant strengthening. However, challenges are inevitable. Erwin Gunawan Hutapea from Bank Indonesia highlighted the importance of price stability and increasing public consumption, especially in the series of Presidential Elections, Legislative Elections and Regional Head Elections which have the potential to encourage consumption. In an effort to encourage economic growth, Bank Indonesia has prepared seven policy recommendations. These include efforts to control food inflation, maintain people's purchasing power, accelerate infrastructure development, and strengthen new sustainable economic sectors. With these various strategic steps, Bank Indonesia projects that West Java's economy will continue to thrive in 2024, giving hope for sustainable progress for this province. (SOURCE)

Dec, 12 2023

Maintaining Economic Growth in 2024, Minister of Finance: Government Will Pay Attention to Consumption, Investment, Exports and Imports

Jakarta, 6/8/2024 Ministry of Finance – Minister of Finance (Menkeu) Sri Mulyani Indrawati emphasized that the government will pay attention to factors driving economic growth so that the growth target of 5.2 percent can be achieved in semester II-2024. “We will pay attention to consumption, investment, exports and imports. "We will continue to look at factors in this second semester, namely the third and fourth quarters, to ensure that economic growth can be maintained at a level of between 5.1 (percent) to even 5.2 (percent)," said the Minister of Finance in press statement at the President's Office, Jakarta on Monday (5/8). Based on data from the Central Statistics Agency (BPS), Indonesia's economic growth in the second quarter of 2024 grew by 5.05 percent (year on year/yoy) supported by strong domestic demand and increasing export performance. In terms of expenditure, household consumption as the main contributor grew by 4.93 percent (yoy) driven by longer religious holiday periods and school holidays. Apart from that, people's purchasing power is still maintained in line with controlled inflation, an increase in ASN salaries, the provision of a 13th salary with 100 percent performance allowance, as well as the creation of greater new jobs in early 2024 amounting to 3.55 million. Meanwhile, government consumption grew positively by 1.42 percent, mainly supported by quite high absorption of capital expenditure and goods expenditure, respectively at 39.5 percent and 6.1 percent. Meanwhile, investment growth or Gross Fixed Capital Formation (PMTB) was recorded to have strengthened by 4.43 percent (yoy), supported by the performance of building investment growth which grew 5.31 percent. One of the factors driving increased investment is the high absorption of government capital expenditure related to the completion of various National Strategic Projects (PSN), including the development of the Archipelago Capital City (IKN). On the other hand, the Government Borne Value Added Tax (VAT DTP) housing policy also encourages private sector property construction activity which continues to show an upward trend. Private investment activity which is still strong can also be seen from the performance of the realization of Foreign Direct Investment (PMA) and Domestic Investment (PMDN) which grew 22.49 percent, as well as the Manufacturing Purchasing Managers' Index (PMI) which was in the expansion zone throughout the second quarter. From the production side, all sectors grew positively in the second quarter of 2024. The manufacturing sector grew by 3.95 percent (yoy). Downstream-related industries, such as the basic metal processing industry and the non-metallic minerals industry, are also growing rapidly. The food and beverage industry, which is the largest contributor to the manufacturing sector, grew 5.53 percent. Another main sector, namely the trade sector, grew by 4.86 percent (yoy) in line with public consumption which was still strong. Other sectors such as agriculture, forestry, fisheries, tourism, transportation and warehousing, as well as the provision of accommodation and food and drink also grew positively in the second quarter of 2024. On the other hand, the mining sector experienced a slowdown, especially related to the decline in oil and gas and coal production. Resilient and consistent economic growth performance above 5 percent has a significant impact on community welfare. The unemployment rate will decrease from 5.45 percent in 2023 to 4.82 percent this year. Meanwhile, the poverty rate also continues to decline from 9.36 percent to 9.03 percent. Job creation in 2024 will also reach 3.55 million people, an increase from the previous 3.02 million people, which will continue to strengthen people's purchasing power in the future. The government will continue to monitor the risk of global economic stagnation which is expected to continue throughout 2024. The 2024 APBN will continue to be optimized to maintain stability and momentum of economic growth so that the growth target of 5.2 percent can be achieved. (SOURCE)

Oct, 01 2024

Government Takes Firm Action Against Thuggery, APINDO West Java: Investors Should Not Hesitate to Enter West Java

Warta Ekonomi, Bandung - On Friday, February 21, 2025, at the West Java DPRD Building, a joint commitment was signed between the Governor of West Java, Dedi Mulyadi, the Chairman of the West Java DPRD, Pangdam III Siliwangi, Pangdam Jaya, the West Java Police Chief, the West Java High Prosecutor's Office, and the Metro Jaya Police Chief. This commitment emphasizes the synergy between institutions in eradicating acts of thuggery that have disrupted order and the business world in West Java. This firm step received full appreciation from the Chairman of the West Java Indonesian Employers Association (APINDO), Ning Wahyu. According to him, this policy is a breath of fresh air for business actors who have faced pressure from certain groups that hinder business activities. "This commitment is very positive because it provides certainty for the business world. So far, disturbances from irresponsible mass organizations have often occurred in industrial areas and outside the area. With this policy, we hope that the investment climate in West Java will be more conducive," said Ning, Thursday (26/2/2025). Furthermore, Ning emphasized that Governor Dedi Mulyadi's steps in eradicating thuggery and disturbing mass organizations will have a significant impact on business security, increase investor confidence, and maintain workforce stability. Currently, West Java has the highest unemployment rate in Indonesia, which is 1.76 million people or around 23.7% of the national total. Therefore, APINDO Jabar emphasizes the importance of maintaining investment so that it does not leave West Java, which has the potential to cause an increase in the number of layoffs (PHK). "Security in business is very important because it not only protects investment, but also ensures the continuity of work for employees and community businesses around the industrial area," he added. Ning also assessed that Dedi Mulyadi's leadership is very much needed by the business world. A firm attitude and courage in enforcing the law are key factors in creating a healthy investment climate. "Kang Dedi is not only a leader who is firm in speaking, but also dares to take real action. Since the beginning of his term, he has shown his commitment to creating a safe and investment-friendly West Java," he said. In addition, Ning highlighted the direct approach taken by Governor Dedi Mulyadi in understanding the conditions of the business world. According to him, the presence of a leader who goes down to the field and witnesses firsthand the challenges of entrepreneurs is a strategic step in formulating effective policies. APINDO Jabar hopes that under the leadership of Dedi Mulyadi, collaboration between the government and the business world will be even closer. "With strong synergy, the government and business actors can work together to create jobs, improve people's welfare, and build a more advanced and competitive West Java," he concluded. (SOURCE)

Mar, 21 2025

Acting Regent of Kuningan Participates in the Annual General Meeting of Shareholders of Bank BJB

BANDUNG – Acting Regent of Kuningan, Dr. Drs. H. Raden Iip Hidajat, Mpd attended the 2023 General Meeting of Shareholders (GMS) agenda of PT Bank Pembangunan Daerah West Java and Banten (Bank BJB). The event was attended by all Regional Heads, Regents/Mayors throughout the Provinces of West Java and Banten, as well as public shareholders which took place at The Trans Luxury Hotel, Jl Gatot Subroto No 289, Bandung, Tuesday (02/04/2024). The meeting was attended by the Acting Governor of West Java, Bey Machmudin, who asked the Board of Directors not to be complacent about the achievements in 2023. "This is because there are still many things that need to be done to improve Bank BJB's performance because according to my records, the achievements in 2023 will not be better than 2022," said Bey. Bey asked the Board of Directors and staff to focus more on efforts to improve performance in 2024 and the years to come. “Digital disruption has forced us to carry out transformation in various fields, including banking. "For this reason, I hope that Bank BJB's management will continue to be improved," said Bey. Lastly, Bey hopes that the Board of Directors and staff can maintain integrity and harmonization between directors and staff. "Strengthen the role of the Board of Directors, staff and staff and continue to maintain harmonization so that there is strong communication but still prioritizing ethics" After the opening, the Bank BJB General Meeting of Shareholders (GMS) agenda continued with an internal meeting involving the board of directors, Regional Heads throughout West Java Province and shareholders behind closed doors. (SOURCE)

Apr, 04 2024

Salute! Bandung City Wins Three Awards in 2024 KKJ-PKJB Competition

Bandung City Dekranasda and the MSME actors they foster won three awards at the West Java Creative Work competition and West Java Creative Week (KKJ-PKJB) 2024. In detail, the Bandung City Dekranasda received one best award in the Photo Shoot category. Meanwhile, two MSMEs assisted by the Bandung City Dekranasda won two awards, namely KAR Studio (1st place in the category of products made from ceramics and stone raw materials) and Elina Keramik (3rd place in the category of products made from ceramic raw materials and stone raw materials). Acting Chair of the Bandung City Dekranasda, Linda Nurani Hapsah, admitted that she was proud of the achievements made by the Bandung City Dekranasda and the MSMEs it supports. According to him, Bandung City MSME players are consistent with the products they build. "Their challenges and difficulties are not bad. However, their innovation in developing products is very good. They deserve this award," said Linda (30/6/2024). He advised all MSMEs, especially those supported by the Bandung City Dekranasda, not to stop presenting innovation. Linda said, Dekranasda Bandung City's commitment is to provide quality products. "Conduct development research, focus on quality products. Our commitment is to present classy products," he said. One more thing, Linda also admitted that she was happy that the Bandung City Dekranasda team won the Best Photoshoot Category title in this competition. The photo session featured the Acting Mayor of Bandung, Bambang Tirtoyuliono with the Acting Chair of the Bandung City Dekranasda, Linda Nurani Hapsah in typical Bandung City Wastra costumes covered in a Canadian theme. "This result was achieved thanks to the cooperation of everyone. The Dekranasda team, Public Relations, and also the community involved. I see that this is not just a beautiful photo, but we can display the 'Wastra' that we are promoting. This is Dekranasda's offering to all the people of Bandung City," he said . Meanwhile, in his speech, Acting Governor of West Java Bey Machmudin expressed his pride that the 2024 KKJ-PKJB was successfully held. He emphasized that this event was an effort to promote the best MSME products from West Java. "The implementation of KKJ-PKJB 2024 for three days is actually to promote MSME products in West Java, and as a benchmark for UKM players to present even better products from West Java," said Bey. He hopes that the large number of visitors to the MSME product stands in each city/district can increase tourist attraction. So that 27 cities/regencies throughout West Java will always be favorite destinations for tourists. "Our homework is the length of stay of tourists. We think it is our duty to attract more tourists so they can stay longer in the area, ladies and gentlemen," said Bey. SOURCE

Jul, 03 2024

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