News - Treasury Plants 266 Jackfruit Trees in Barengkok Village, Bogor

Treasury Plants 266 Jackfruit Trees in Barengkok Village, Bogor

Aug, 02 2024

This activity continues the Green Gold program initiative launched in April 2024 which aims to provide benefits to the environment and economic benefits to local farmers.

The hundreds of jackfruit trees were collected thanks to the contributions of more than 5,000 digital gold investors during Buy Gold transactions on Treasury Apps.

"The tree planting activity is Treasury's commitment as an environmentally sound digital gold investment platform," said Treasury CEO Andreas Santoso.

Moreover, he added, this activity aims to promote sustainable and environmentally friendly digital gold investment to gold investors in Indonesia.

"With the active participation of digital gold investors, we believe the Green Gold program can absorb more than 191 tons of carbon emissions in the next eight years," Andreas said in a press statement received by the editor, Thursday (1/8), in Jakarta.

Another surprising aspect of the Green Gold program is the number of young investors taking part to support the initiative, with an average age of 28. Reflecting that Indonesia's younger generation has a high concern for environmental sustainability.

According to Sudono Salim, Chief Growth Officer of Jejakin, Bogor was chosen as the planting area based on the topography and climate in the Bogor area which can support the growth of jackfruit trees optimally so that it is expected to provide economic benefits to the surrounding farmers.

In addition, jackfruit trees have the ability to absorb more carbon than mangrove trees.

Jackfruit trees also have many properties. Its leaves have antimicrobial activity that is useful as traditional medicine for anti-inflammatory, antioxidant, antidiabetes mellitus, antimelenogenesis, and anti-cancer. Jackfruit leaves can also be extracted into herbal medicine as a breast milk facilitator.

Jackfruit is effective in increasing white blood cells to strengthen the immune system. Jackfruit seeds are high in carbohydrates, potassium, protein, calories, and phosphorus, and can be consumed by frying, boiling, or making chips.

The trunk is hard, durable, and resistant to termite or fungal attack. It is often used to make household furniture, construction materials, and musical instruments.

Andreas admitted that he will continue to promote sustainable digital gold investment to expand its benefits for Indonesia, encouraging more investors to contribute to environmental conservation efforts.

This first phase of tree planting is just the beginning of many other goodwill initiatives that Treasury will undertake in the future.

"We hope that more Green Gold Investors will participate in this program so that we can contribute and support Indonesia's efforts to fight climate change," said Andreas.

SOURCE

Renewable Energy and Eco-Friendly Investments Set to Arrive in Sukabumi City

The Sukabumi City Government continues to show its commitment to creating an open and sustainable investment climate. One concrete manifestation of this effort was a meeting held on Wednesday, May 28, 2025, with investors from Japan and Korea. The meeting discussed various potential collaborations, including the development of renewable energy technology and urban waste management. One of the investors present, Digi Capital Grid from Japan, shared plans to implement renewable energy projects in Sukabumi City aimed at reducing pollution and making the city more environmentally friendly. Although no government-owned land is yet available for use, the investor expressed full readiness to invest if all requirements, including signing nine memorandums of understanding (MoUs) with the Sukabumi City Government, can be fulfilled. The points in the MoUs include promoting regional development, developing renewable energy, increasing job opportunities, strengthening tourism, and strategies to make the area a strategic national investment zone. In the same meeting, PT Royal Puspita, a company producing export-standard dolls that has operated since 1992 in Sukabumi Regency, conveyed plans to expand into Sukabumi City. The company has absorbed more than 1,800 workers and conducts production processes that generate minimal waste. However, they also revealed field challenges related to premanism interfering in employee recruitment processes. The company hopes the city government can provide legal protection and ease permitting so business activities can run smoothly. Responding to this, Deputy Mayor of Sukabumi, Bobby Maulana, stated that the city government is very open to investors who bring economic and environmental benefits. He emphasized the importance of creating new jobs, especially amid infrastructure development like the toll road project connecting Sukabumi with other major cities. “We are ready to facilitate and ease processes for investors aligned with the city’s development vision, including addressing security issues wisely to keep investments conducive,” said Bobby. With collaboration between the local government and international partners, Sukabumi City is expected to strengthen its economic foundation through green and sustainable investment. Renewable energy projects and environmentally friendly industrial expansions are significant opportunities to realize a city that is not only economically advanced but also healthy and comfortable to live in. [Source]

Oct, 30 2025

Majalengka Leads Ciayumajakuning with Rp5.65 Trillion in Foreign Investment, the Highest in the Region

Majalengka Regency has further strengthened its position as one of West Java's emerging economic growth centers. Between 2023 and 2025, the regency attracted Rp5.65 trillion (approximately US$350 million) in foreign direct investment (FDI), accounting for nearly 46 percent of the total foreign investment realized across the Ciayumajakuning region. According to data from Statistics Indonesia (BPS) West Java, total FDI flowing into the Ciayumajakuning region—which comprises Cirebon Regency, Cirebon City, Indramayu Regency, Kuningan Regency, and Majalengka Regency—reached Rp12.34 trillion over the past three years. Of that amount, Majalengka recorded the largest share of foreign investment among all regencies and cities in the region. "Alhamdulillah," said Majalengka Regent Eman Suherman on Wednesday (July 1, 2026). Meanwhile, Head of BPS West Java Margaretha Ari Anggorowati stated that the strong investment inflows demonstrate Majalengka's growing prominence as a strategic investment destination in West Java. "The increasing volume of investment is a positive signal that the region possesses strong economic appeal. Continuous infrastructure development and its strategic location have become key factors in attracting foreign capital," Margaretha said. Majalengka's investment dominance is closely linked to the presence of Kertajati International Airport (BIJB), direct access to the Cipali Toll Road, and the continued expansion of its industrial estates. This combination of infrastructure provides investors with efficient logistics, improved connectivity, and broader access to domestic and international markets. The regency has also posted impressive economic performance. In 2025, Majalengka's economy expanded by 6.86 percent, surpassing West Java's average economic growth rate. The manufacturing sector remained one of the primary drivers of this strong economic growth. "The dominance of foreign investment further reinforces Majalengka's position as one of the new economic growth epicenters in eastern West Java," Margaretha added. Cirebon Regency ranked second, recording Rp4.38 trillion in foreign direct investment. Combined, Majalengka and Cirebon Regency accounted for more than 81 percent of the total FDI realized across the Ciayumajakuning region. Meanwhile, Indramayu Regency has also shown positive momentum, attracting Rp1.43 trillion in foreign investment during the same period. For Majalengka, securing Rp5.65 trillion in foreign investment marks a significant milestone, reflecting its transformation from a predominantly agricultural region into one of the new engines of economic growth in eastern West Java. [SOURCE]

Jul, 01 2026

West Java BI Predicts Economic Growth to Reach 4.9%

Warta Ekonomi, Bandung - Bank Indonesia West Java Provincial Representative Office predicts that economic growth in West Java in 2024 will reach 4.9 percent - 5.7 percent year on year. Head of West Java BI Representative Erwin Gunawan said this must be immediately responded to with optimism. However, he also invited all stakeholders to remain vigilant in facing various challenges in 2024. "In 2024 we must be optimistic but remain vigilant," said Erwin to journalists after attending the launch of the 2023 Indonesian Economic Report (LPI) in Bandung, Wednesday (31/1/2024). Erwin also appealed to all parties to continue to work together in various ways to realize West Java's economic growth in 2024. "Hopefully with synergistic collaborative efforts together we can realize economic growth in the range of 4.9 - 5.7 percent year on year," he said Erwin said that the 2024 political year would increase consumption so that it would have a positive impact on West Java's economic growth. "Historically, election activities will have a positive impact on the economy. Moreover, in West Java, apart from the presidential election in February, it will also be followed by regional elections in November. Of course it will increase consumption in society," he explained. Erwin added that increasing consumption and demand in society must be balanced with controlling inflation through synergy and collaboration with related parties, including the West Java Provincial Government. "Increased consumption will also occur as the celebration of religious holidays approaches which coincides with the presidential and gubernatorial elections," he said. Meanwhile, Acting Regional Secretary of West Java Province, Taufiq Budi Santoso, appreciated the collective work of Bank Indonesia West Java Representatives which has encouraged West Java's economy to remain stable during 2023. "I think this theme is very relevant to what is happening in West Java. The human development index is increasing, thank God we can reduce the unemployment rate," said Taufiq. Apart from that, during 2023 the number of people in the underprivileged category in West Java will decrease, accompanied by incomes that continue to increase slowly. "The poor population in West Java may decrease, per capita income will also increase," he said With regard to investment, West Java is at the forefront with a realization achievement of IDR 210.6 trillion during 2023 or reaching 112 percent. "Investment in West Java recorded investment realization reaching IDR 210.6 trillion, reaching 112 percent," he said. Entering 2024, he said that the West Java Provincial Government is determined to strengthen several strategic sectors to bring prosperity to the people of West Java. "In 2024 the provincial government will strengthen strategic sectors, education, infrastructure and human resources, so that economic growth can be achieved with the quality of life of the community," he concluded. (SOURCE)

Feb, 02 2024

Indonesia-China Joint Laboratory in Bandung Ready to Operate

Jakarta (ANTARA) - An international class joint Indonesia-China research laboratory for New Energy Materials and Metallurgical Engineering Technology resulting from a collaboration between the Bandung Institute of Technology (ITB), GEM and Central South University (CSU) is ready to operate in Bandung, West Java. In an official statement received by ANTARA on Friday, this laboratory will have two experimental engineering research centers (Hydrometallurgical Engineering Technology Research Center and New Energy Materials Engineering Technology Research Center) plus 12 research laboratories with a total investment of up to 30 million US dollars or the equivalent of IDR 464.1 billion. "Through this joint laboratory collaboration, the Bandung Institute of Technology will become a center of excellence in education, research and development, as well as innovation in the field of circular economy and sustainable development, as well as becoming a center of excellence in the Province of West Java and Indonesia," said the Chancellor of the Bandung Institute of Technology (ITB ) Reini Wirahadikusumah. To top it all off, this laboratory is also equipped with more than 300 sets of the world's latest generation equipment, and is the world's first level engineering testing and research center for metallurgical technology and new energy materials research. With the presence of various advanced technologies in this laboratory, various companies will be able to effectively complete key technological research from the entire industrial chain of mineral resource extraction, synthesis of new energy materials, resource recycling and environmental management, and have the conditions and capabilities to cultivate students high-level master's and doctoral programs.The Coordinating Minister for Maritime Affairs and Investment who also acts as Chair of Indonesia's Cooperation with China, Luhut Binsar Pandjaitan, explained that this facility is important for building cooperation between Indonesia and China in building sustainable industry."The establishment of this joint laboratory comes at the right time and is an important practice to realize discussions between the Indonesian and Chinese governments, in strengthening industrial talent cooperation between China and Indonesia's main partners, which is very important for improving the quality of human resources and innovative research," he said. He also said that this facility, which has sophisticated equipment, could be used to produce outstanding figures who are committed to the welfare of Indonesian society through providing employment opportunities."It is hoped that in the near future, Indonesia will see the emergence of figures such as Professor Xu Kaihua, who are not only committed to research and innovation, but also to business success and improving the welfare of the Indonesian people through providing employment opportunities," he said.For information, the China-Indonesia joint research laboratory, which carries the Bandung spirit of "Unity, Friendship and Cooperation" as well as the principles of the "Belt and Road" Initiative, aims to become a flagship project for China-Indonesia technological cooperation and cultural exchange.In addition, the presence of this facility is also expected to be at the forefront of the Belt and Road 2.0 model, and contribute a brilliant new chapter to the global community for a shared future through the international expansion of Chinese companies. (SOURCE)

Oct, 09 2024

Coordination Meeting for Food Security and Agricultural Productivity in West Java

Acting Mayor of Banjar, Dr. Hj. Ida Wahida Hidayati, S.E., S.H., M.Sc., attended the Food Security and Agricultural Productivity Coordination Meeting in West Java, located in the West Hall of Gedung Sate, Bandung City. Thursday (18/04/2024). The Coordination Meeting was opened directly by the Acting Governor of West Java, attended by the Inspector General of the Ministry of Agriculture of the Republic of Indonesia, Special Staff of the Minister of Agriculture of the Republic of Indonesia for Agricultural Policy, Forkopimda of West Java Province, and attended by the Regional Secretary of West Java Province, the Regents/Mayors of all West Java, Police Chiefs throughout West Java, Dandim throughout West Java, Kajari throughout West Java, and Head of the Agriculture and Fisheries Food Security Service in West Java. In the meeting, Acting Governor of West Java Bey Machmudin conveyed the need to increase production of rain-fed rice fields to achieve the grain production target of more than 11 million tons this year. "There needs to be instruments to maintain water availability, including pumping. "However, pumping recipients must be clear and on target, so I ask the Regency/City Government to map the land and its location," he said. Apart from that, according to Bey, coordination is needed with the TNI/Polri to maintain the pumping program. If necessary, each pumping device has a GPS embedded in it or uses digital monitoring. "Also maximize West Java warehouse and distribution center receipts as an instrument for controlling food stocks and prices," he stressed. Inspectorate General of the Ministry of Agriculture, Komjen. Setio Budi said that the TNI and the ministry had worked together for the pumping program, including for the West Java region which received 2,500 points. A total of 201,702.6 hectares of rainfed rice fields and several irrigated rice fields will be the target of pumping according to priority, so he asked the West Java Provincial Government to immediately submit a map of the location and land of which farmers are entitled to receive pumping. "I hope there will be acceleration in West Java because until April 15 2024, of the total area of rainfed rice fields, only 5,630 hectares have started to accelerate planting, the number is still very small," explained Setio Budi. Met after the activity, Pj. The Mayor said that Banjar City is a unique city, where the agricultural sector still has quite large areas of land and most of the population works as farmers. For this reason, the Acting Mayor emphasized that Banjar City is committed to continuing to improve the existing agricultural sector. "We are committed to supporting West Java's target of becoming one of the national food self-sufficient regions. "We work together with all stake holders to make it all happen," he said, after attending the Coordination Meeting. (SOURCE)

Apr, 22 2024

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