News - KoinWorks Opens Investment Opportunities for Freelancers and Entrepreneurs

KoinWorks Opens Investment Opportunities for Freelancers and Entrepreneurs

Jul, 25 2024

KORAN GALA - KoinWorks organized Money Diary Talks (MDT), which raised the theme of strategies to build a strong investment portfolio, aimed at entrepreneurs in Bandung who want sustainable asset growth.

The first MDT in Bandung involved Anggia Bonyta, a content creator who is also the owner of Imah Babaturan stall, Stewart Sim, Head of Wealth Management from KoinWorks.

“Starting an investment is easy, but what makes it a challenge is when there is a need to change our lifestyle. Usually, we claim there are no funds that can be set aside for investment; even though there are, if only the lifestyle is adjusted to the needs,” said Stewart.

Stewart added that KoinWorks encourages business owners to invest as part of their financial planning, as it can help optimize the profit earned from idle funds.

In the future, these funds can be used for business expansion, dealing with emergencies, or other financial goals.

“I agree. Before I started setting aside funds for investment, for emergency funds, for children's education, and others, I often put more importance on funds for vacations or to buy shoes,” said Anggia.

“But it had to be forced. Now my life is calmer, even though my income is not fixed; either from the business of Imah Babaturan's warung, or my own business as a content creator,” she continued.

For those who are still getting acquainted with investing, Stewart explains, “Evaluating financial risk should always be a priority in any investment decision, alongside profitable returns. Understanding this is important to ensure the sustainability and growth of the investment.”

One of the low-risk investment instruments that can be considered is deposit products.

KoinWorks Bank has deposit products that can be accessed through the KoinWorks application or through the KoinWorks consultation team.

“Deposits currently offer 6.75% p.a. interest guaranteed by LPS, so businesses can optimize their excess liquidity while still securing funds and achieving stable returns,” he concluded. ***

SOURCE

Investment Costs Reach Rp43.2 Trillion, This Port Project will be Completed Until 2027, Anyone Know?

Built since 2018, this National Strategic Project during the reign of President Joko Widodo (Jokowi) reached an investment cost of around IDR 43.2 trillion. Indonesia is indeed one of the countries that has many ports, one of which is Tanjung Priok, Tanjung Perak and Soekarno-Hatta. Now this time there is one port that is classified as having a very large land area of up to hundreds of hectares. The port is the Patimban port located in Subang, West Java. With a budget investment of Rp43.2 trillion. The urgency of the construction of Patimban port is to reduce the volume of shipments to Tanjung Priok port. Because the Tanjung Priok port location is already difficult to expand again, so that with the Patimban port it is expected to reduce logistics costs between Banten, DKI Jakarta, West Java and Central Java. It is known that the Patimban port development project, Subang, West Java phase 1-2 with an investment value of up to IDR 9.5 trillion. Phase 1 (packages 1-4) is 35 hectares, a Container Terminal with a capacity of 250,000 TEUs. And 25 hectares of Vehicle Terminal with a capacity of 218,000 CBUs. The target has been achieved one hundred percent. The advanced phase of Patimban port development is carried out in phases 1 and 2 from 2022 to 2024 with an investment value of Rp9.5 trillion. This phase is divided into two packages, namely packages 5 and 6. Package 5 will build a vehicle terminal and package 6 will build a container terminal. The port with an area of 639 hectares and a capacity of 2.74 million TEUs makes Patimban port one of the largest ports in Indonesia. It is estimated that the construction of Patimban port will be fully completed by 2027 and its capacity will increase to 7.5 million TEUs. This is the information about Patimban port, one of the National Strategic Projects (PSN) with an investment cost of Rp43.2 trillion. SOURCE

Aug, 01 2024

The Government Has Approved 6 New SEZs With An Investment Target of IDR 1,089.84 Trillion

Jakarta (ANTARA) - The National Council for Special Economic Zones (KEK) has approved the proposal to establish six new KEKs and one expansion of the Nongsa KEK in Batam with a target investment value of IDR 1,089.84 trillion. Coordinating Minister for Economic Affairs Airlangga Hartarto said that the KEK development is expected to create more than 14 million jobs. "Regulations will soon be prepared for all of these SEZ proposals and we are targeting the relevant Government Regulations (PP) to be completed in the second week of October 2024," said Airlangga in his statement in Jakarta, Wednesday. The KEK National Council will recommend to the President the establishment of a PP on 6 new KEKs and an increase in area for the Nongsa KEK. The 7 SEZs proposed are the first, the Sidoarjo Halal Industry SEZ, which is located in Sidoarjo Regency, East Java Province. The KEK has a land area of 796.65 hectares and is designed to support the development of the manufacturing sector which focuses on halal products. The Sidoarjo Halal Industrial SEZ is targeting investment realization of IDR 97.8 trillion in 2054 with a target workforce of 317,670 people. The second proposal is the Batuta Chemical Industrial Park KEK in East Kutai Regency, East Kalimantan Province. This KEK is designed to be an industrial center that focuses on the manufacturing sector with a land area of 748.9 hectares. With a total potential workforce of 432,964 people, KEK BCIP has an investment realization target of IDR 61.51 trillion in 2054. The third proposal is the Patimban SEZ in Subang Regency, West Java Province. This KEK has a land area of 511 hectares with a total investment realization of IDR 141.6 trillion in 2054 with a target workforce of 156,154 people. Apart from the Patimban SEZ, the Subang SEZ which is also located in Subang Regency, West Java Province and is a manufacturing SEZ, this SEZ was proposed by PT Aneka Bumi Cipta to be the fourth proposed SEZ with a target of realizing investment in the Subang SEZ of IDR 134.59 trillion with a land area of up to 481.93 hectares. The fifth proposal, the Mangkupadi KEK is located in Bulungan Regency, North Kalimantan Province, is a proposal by PT Kalimantan Industrial Park Indonesia (KIPI). With a land area of 11,696.53 hectares. This KEK is targeted to absorb a workforce of 140,796 people and realize an investment of IDR 504 trillion. Sixth, KEK Batang Integrated Industrial Zone which is in Batang Regency, Central Java Province. This KEK targets investment realization to reach IDR 130.3 trillion with a land area of 2,886.87 hectares and a total workforce absorption of 325,651 people. Then seventh, the proposed land expansion in the Nongsa KEK covers an area of 22.43 hectares with an investment realization target of IDR 20.07 trillion. "The proposed expansion of the Nongsa KEK is to develop a data center where the proposer of this KEK is PT Taman Resor Internet with business activities from the Nongsa KEK, namely tourism, and research, technology development," explained Airlangga. (SOURCE)

Oct, 01 2024

Mazda Starts Building Its Factory in West Java, Investment Reaches Rp400 M

Bloomberg Technoz, Jakarta - Eurokars Motor Indonesia (EMI) as the sole agent brand holder (ATPM) and distributor of Mazda cars in Indonesia announced that it has started building its assembly plant in West Java. Eurokars Motor Indonesia General Manager Marketing and Communications Pramita Sari said the plant has laid its first stone since March 2024 although she did not specify the exact location of the plant. “[The Mazda plant] is located in West Java with an investment of Rp400 billion,” Pramita told Bloomberg Technoz on Friday (19/7/2024). Meanwhile, regarding the operating target of the Mazda factory, Pramita only said that this would be informed further when significant progress was seen. “In this initial stage of assembly in Indonesia, we will focus on compact SUVs,” he continued. (SOURCE)

Jul, 19 2024

West Java Investment Exploration: West Java DPMPTSP Continues to Encourage Investment Equality

Bisnis.com, BANDUNG — Even though the areas that are the destination for investment realization in West Java are still controlled by the Bodebekarpur and Greater Bandung areas, in the last three years the distribution of investment has begun to be evenly distributed throughout West Java. Head of the West Java Investment and One-Stop Integrated Services Service (DPMPTSP), Nining Yuliastiani, said that his party does not want investment to only focus on the Karawang and Bekasi areas which already have established industrial areas. "Investment is not evenly distributed, we have paid attention to it, because we don't want only Karawang, Bekasi to progress and not the others," he said, Monday (9/9/2024). One thing that lifts the veil on investment equality is Presidential Decree 87/2021 concerning the Rebana Region and Southern West Java. After the regulation appeared, investment realization, especially in the Rebana area, increased. "It feels like the investment has doubled, now Subang has reached IDR 3 trillion in the middle of the year. "Indeed, there is a strong correlation between the central and regional governments to support equitable investment with the availability of necessary infrastructure in the region," he said. Meanwhile, for the southern part of West Java, the regulation encourages regions in the region to start offering strong investment potential to investors. "We offer it, then make it attractive, we inform investors," he said. South West Java itself has enormous MSME potential. Nining pointed to Tasikmalaya which has great potential to be developed. "How do they become aware of their business so that it develops with access to financing, we coordinate with several cross-sectors and vertical agencies, so that South West Java begins to be looked at for investment," he said. One of the things that will be offered from South West Java is agricultural potential at the West Java Investment Summit (WJIS) 2024, 19 September. (SOURCE)

Sep, 11 2024

West Java Wins Best Investment Service ALI Awards 2023

PORTALJABAR, KOTA BANDUNG - The Ministry of Investment/BKPM awarded the Regional Government of West Java Province for the best investment service in the Province category in the 2023 Investment Service Award (ALI). ALI is an annual activity organized by the Ministry of Investment as an implementation of Presidential Regulation Number 42 of 2020 concerning Giving Awards and/or Imposing Sanctions to State Ministries/Institutions and Regional Governments. Minister of Investment Bahlil Lahadalia in his report said that the investment realization achievement of the target which is growing every year is the result of the hard work of regional heads delegated through the One Stop Investment and Integrated Services Service (DPMPTSP). “Reaching the 2023 realization target is not an easy job. Specially for DPMPTSP, I would like to thank you. "PTSP is an instrument and front guard in realizing maximum investment services," he said in Jakarta (8/11/2023). Head of the West Java PMPTSP Service, Nining Yuliastiani, really appreciates the gift given by the Ministry of Investment to West Java. "I am very happy that West Java finally received the first best investment service award in the Provincial category. "This is an encouragement for us (DPMPTSP) to improve investment services better and accelerate implementation to try to be faster," he said. The 2023 ALI assessment refers to the implementation of the Risk-Based Online Single Submission (OSS) system in K/L and local governments, which is a mandate from Law Number 6 of 2023 concerning the Stipulation of Government Regulations in Lieu of Law Number 2 of 2022 concerning Job Creation. (CK Law). The results of this performance assessment will then be submitted to the Ministry of Finance for follow-up as a basis for consideration in providing incentive funds to regional governments and budget incentives to K/L. From March to October 2023, a series of ALI 2023 assessment processes have been carried out involving 18 ministries/institutions and 38 provincial governments, 415 districts and 93 cities. The assessment has been carried out by an independent team involving ministries/institutions and related business organizations, consisting of the Ministry of Home Affairs, the Coordinating Ministry for Economic Affairs of the Republic of Indonesia, the Coordinating Ministry for Maritime Affairs and Investment, the Ministry for Empowerment of State Apparatus and Bureaucratic Reform (PAN-RB) , Ministry of National Development Planning/National Development Planning Agency (Bappenas), Cabinet Secretariat, Financial and Development Monitoring Agency (BPKP), Ministry of Investment/BPM, Indonesian Young Entrepreneurs Association (HIPMI), and Regional Autonomy Implementation Monitoring Committee (KPPOD). The following is the complete list of ALI 2023 winners, namely: The Ministry/Agency categories are the Ministry of Transportation (I), the Ministry of Environment and Forestry (II), and the Food and Drug Supervisory Agency (III); The Provincial Government categories are West Java (I), Special Region of Yogyakarta (I), and Maluku The Regency Government categories are Sragen (1), Siak (I) and East Kotawaringin (III); The City Government categories are Surakarta (I), Surabaya (II), and Manado (III). The special category for the Eastern Region of Indonesia is the Government of North Maluku Province, Merauke Regency and Ambon City. (SOURCE)

Nov, 20 2023

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