BANDUNG - The West Java Provincial Government continues to support the growth of 17 creative economy subsectors, including the development of applications, games, and animation. One form of support is realized in the COFEX (Conference & Exhibition) activity at Gedung Sate, Bandung City, August 21-24, 2024. The activity is a matchmaking momentum where ecraf actors can interact with industries, investors, business partners, or other stakeholders to open up opportunities for cooperation and investment. The event is packaged in a conference and exhibition or showcase of the application, game and animation subsectors. Head of the Tourism and Culture Office of West Java Province Benny Bachtiar said that the ecraf sector is one of the pillars driving the economy in West Java. Therefore, the presence of COFEX is expected to have a positive impact while strengthening the position of ekraf as a strategic sector in economic development by relying on pentahelix collaboration. “West Java is the leading province in creative economy development. Where the contribution of West Java ecraf GRDP contributed 20.73% to the national ecraf GRDP. Of the 17 ecraf subsectors, West Java has many superior potentials, one of which is animation, application and game developers,” said the Head of West Java Tourism and Culture representing PJ West Java Governor Bey Machmudin at the opening of COFEX, Wednesday, August 21, 2024. “This activity is expected to explore new potentials, facilitate strategic partnerships, and encourage the creation of brilliant innovations that can elevate the image of West Java in the creative industry arena,” he added. The presence of COFEX was also appreciated by the Coordinating Ministry for Maritime Affairs and Investment (Kemenkomarves) through Assistant Deputy for Creative Economy Development Liz Zeny Merry. She hopes that this program can become a medium for collaboration and bring benefits to the West Java economy. “Appreciation for the event carried out at the initiation of the West Java Provincial Government in organizing the COFEX Application, Game and Animation event. I appreciate it because this is the future. The hope is that this event can establish collaboration between the game industry, large manufacturing industries, and create energy that brings benefits to the economy in the future, especially in West Java,” he said. In addition, this program is also implemented in order to support the acceleration of national game development in accordance with the mandate of Presidential Regulation Number 19 of 2024. This is also an effort to increase the partnership of creative economy players with the industrial world, and provide real support for the Proud to be Made in Indonesia campaign. “It is hoped that this activity can be a strategic step in answering the challenges of employment and the economy in West Java and preparing institutional human resources who are better prepared to face the future through new opportunities. After the implementation of COFEX, a relationship was established between large industries and creative economy players, especially the application, game and animation subsectors. We believe that the existence of these subsectors can accelerate the existing industry,” said the Head of Tourism Industry at Disparbud Jabar Rispiaga as the Chief Executive of COFEX Activities. COFEX 2024 was filled with seminar sessions related to the application, game and animation subsectors delivered by a number of expert speakers from Ainaki-Ayena Studio, Halofina (PT. Acceleration of International Education). Nightspade, AstraTech, Indigo, and automa.id. Furthermore, participants can also see exhibitions and demonstrations from five game studios, five animation studios, five application startups, and present a gameboard startup from West Java with the theme of gamification. The event was also enlivened by a performance from the Parahyangan Orchestra (Parchestra) of Parahyangan Catholic University (UNPAR) which performed game music soundtrack scores as a music subsector that supports the game industry. Also present at this event were representatives from the Ministry of Tourism and Creative Economy (Kemenparekraf RI) and representatives from the Indonesian Ministry of Defense. This event is also a series of activities from the excitement of West Java Festival 2024. SOURCE
Aug, 22 2024
Majalengka (ANTARA) -Bernardus Djonoputro, Managing Head of the Rebana Area Management Agency, said that the Rebana Metropolitan agglomeration area, which covers seven cities/regencies in West Java, is a new economic driver in the industrial sector for the province. “The Rebana area covering Cirebon City, Cirebon Regency, Indramayu Regency, Majalengka Regency, Kuningan Regency, Subang Regency and Sumedang Regency is a new meeting pole for the economy in West Java,” Bernardus said in Majalengka, West Java, Wednesday. He explained that of the 13 industrial estates covering 43 thousand hectares that are being developed in Rebana Metropolitan, seven of them have shown significant progress, especially in the East Cipali and Kertajati-Jatitujuh areas in the last two years. According to him, investment activities in this area have also been going well and are expected to increase in the coming years. Based on the latest data collection in 2024, his party noted that investment realization in Rebana Metropolitan increased by around 8.5 percent compared to 2023. In addition, he said that the region's economic growth was already at 5.8 percent and this achievement was in accordance with the set target. “We estimate the rapid growth of industrial estates in 13 industrial estates in the Rebana region. With an average area of 200 hectares per area, it is estimated that it can create 40 thousand new jobs,” he said. Bernardus said that the development of industrial estates in the region can be accelerated because it is supported by infrastructure such as Kertajati Airport and Patimban Port, which are part of the National Strategic Project according to Perpres 87/2021. In addition, he revealed that the industrial estate only occupies around 5 percent of the total land area in Rebana, so the rest can be allocated for green open space (RTH) and other needs to maintain the feasibility of housing in the area. He added that each local government in the region acts as the Supervisory Board of the Rebana Area Management Agency, so that the development of industrial sites can be carried out properly. “We strive for the Rebana area to become a new inclusive growth center, with integrated housing designed to meet the needs of the workforce,” he said. SOURCE
Aug, 22 2024
Kertajati Aerotropolis in Majalengka Regency will soon become a new economic corridor in West Java. This project is expected to change the face of the regional economy, strengthening the industrial, tourism, and logistics sectors in the region. Head of the Rebana Management Agency (BP) Bernardus Djonoputro said that the old corridors in Bekasi, Cikarang, and Karawang were too heavy due to several factors. Among other things, swollen logistics costs, high pollution levels, and a decrease in the quality of human resources (HR). “In the old corridor, the increase in slums, congestion, and people there have difficulty getting a decent place to live. We have to shift to the new corridor,” said Bernardus in the FGD on the Launch of the New Industrial City of Kertajati Aerotropolis, Majalengka, Wednesday (21/8/2024). The existence of Kertajati Aerotropolis is supported by adequate infrastructure, including toll road access and public transportation directly connected to Kertajati Airport. Bernardus said that Kertajati Aerotropolis will be introduced at the West Java Investment Summit (WJIS) on September 19, 2024 in Bandung City. In the meeting, the development of Kertajati Aerotropolis aims to increase West Java's economic development and improve infrastructure in the Rebana Region through a specific development plan. “Industries that cannot grow because they are in dense areas, they will move to this new industrial city,” said Bernardus. It is known that Majalengka Regency will receive the most economic effects compared to other Rebana regions. Currently, Majalengka's economic activity has been stretched. In this new industrial city, the Majalengka Regency Government has also prepared itself with human resources intended for industrial growth through the establishment of Polman Campus 2. Apart from Majalengka, Rebana Metropolitan also includes Sumedang, Cirebon, Subang, Indramayu, Kuningan, and Cirebon City. The area is projected to be the driving force of West Java's future economic growth through the development of an integrated, innovative, collaborative, highly competitive, and sustainable industrial area. By 2030, the West Java Provincial Government seeks to increase the rate of economic growth to 10%, investment value growth to 17%, and create approximately 4.3 million new jobs. SOURCE
Aug, 22 2024
TRIBUNJABAR.ID, MAJALENGKA - The Rebana or Cirebon-Patimban-Kertajati economic sector grew by around 5.8 percent. The economic growth rate of the Rebana region, which exceeds 5 percent, is claimed to be higher than the West Java and national averages. Bernardus Djonoputro, Managing Head of the Rebana Area Management Agency (BP), said that the figure which was above the West Java and national averages made the Rebana area's economic growth rate record a positive trend. “The function of the Rebana area as a growth city has been running, even relatively fast, because the figure is above the West Java and national averages,” said Bernardus Djonoputro when met after the Focus Group Discussion (FGD) Launching the New Industrial City of Kertajati Aerotropolis for the Planned Development of Industrial-Based New Cities in Majalengka Regency, Wednesday (21/8/2024). Bernardus said that investment realization in the Rebana area in the first semester of 2024 also increased by 8.5 percent compared to last year, creating many new jobs. He is optimistic that the Rebana area will be transformed into a new economic pole for West Java in the future as planned. Moreover, 13 new industrial-based residential areas have also grown well in the Rebana area in the last 1.5 years to two years. “Seven of them already have economic activities, and we noted that there are two industrial-based residential areas with very intense activities,” said Bernardus Djonoputro. The two areas are East Cipali in Subang Regency, and the Kertajati - Jatitujuh area in Majalengka Regency. The two areas are also very promising progress along with the large value of investment that has entered the East Cipali and Kertajati - Jatitujuh areas. “Therefore, at the moment of West Java's 79th Anniversary, we are ready to launch these two areas as a story of progress in the Rebana region,” said Bernardus Djonoputro. SOURCE
Aug, 22 2024
The Investment and One-Stop Integrated Service Office (DPMPTSP) of Bandung City, West Java, recorded that investment realization in the Flower City reached Rp6 trillion at the end of the second quarter of 2024, or 82.32 percent of the annual target set at Rp7.3 trillion. “This amount was achieved quite significantly thanks to the efforts of friends from DPMTSP Bandung City who continue to make efforts to achieve investment realization of up to Rp6 trillion by the end of the second quarter of this year,” said Head of DPMPTSP Bandung City Ronny Ahmad Nurudin in Bandung, Wednesday (21/8/2024). 1. Transportation and warehousing dominate Ronny said the Rp6 trillion investment was dominated by the transportation, warehousing, and telecommunications sectors, which accounted for Rp2.9 trillion. “Bandung is a service city, so the transportation sector, telecommunications warehouses still dominate. The second is other services, the third is the chemical and pharmaceutical industry, then hotels and restaurants, the last is the housing sector, industrial estates and offices,” he said. He revealed that until the end of the second quarter of this year, the realization of domestic investment (PMDN) dominated investment in Bandung City by contributing Rp4.1 trillion, while the category of foreign investment (PMA) reached Rp1.9 trillion. “Most foreign investors have operational business activities so that the additional investment is not too significant,” he said. 2. Ease of investment continues to be improved Ronny said there are several factors that make foreign and domestic investors interested in investing in Bandung, one of which is the ease of service provided by DPMPTSP for potential investors. “We also provide OSS assistance services, Sakedap (Facility Anjungan Kemudahan Perizinan) services in sub-districts and market industry centers for micro businesses,” Ronny said. 3.Confident that the year-end target will be met Furthermore, he said that with the achievement of investment realization at the end of the second quarter of 2024 which had reached 82.32 percent, his party was optimistic that investment in Bandung City could exceed the predetermined target. “We are very optimistic, even though we also get additional targets from the province, but hopefully we will continue to work together with business people in Bandung,” he said. SOURCE
Aug, 22 2024
Majalengka (ANTARA) -The manager of Kertajati Industrial Estate Majalengka (KIEM) said there were seven investors from within and outside the country, who had invested in one of the industrial allotment areas in Majalengka, West Java. “The investment value that we recorded only in terms of land purchases in this industrial allotment area reached Rp40 billion,” said Reni Anggarwati, Marketing Section of KIEM Management in Majalengka, Wednesday. She explained that the seven investors consisted of one foreign investment (PMA), and six domestic investments (PMDN) that had committed to pouring funds into the area. The industrial estate in Majalengka, she said, covers an area of 400 hectares designed to accommodate various industrial sectors such as food processing, shoes, steel, concrete to manufacturing. Reni said that the area is part of the development of the Rebana Metropolitan area, whose provisions are regulated in Presidential Regulation Number 87/2021. “We only started moving in 2024, so the total investment value will only be seen next year. However, if you refer to reports, investment in this area is one of the highest,” he said. Although the development of this industrial area was hampered by the COVID-19 pandemic, he is optimistic that there will be a more significant surge in investment value in the next few years. Regarding the potential for labor absorption, Reni explained that after seven investors enter, it is estimated that there will be around 20,000 workers absorbed, but the recruitment process is carried out in stages. She also emphasized the importance of cooperation from the management of the Rebana area, provincial and regency governments, and all related sectors to ensure that the local community can take advantage of job opportunities at this industrial site. “The number of workers absorbed can reach 20,000 people. However, this will be done in stages, and it is a common homework to prepare a suitable workforce,” he said. SOURCE
Aug, 22 2024
Bisnis.com, BANDUNG - The West Java Provincial Government is again holding the West Java Festival (WJF) 2024 which is an important moment in showing how much potential West Java has ranging from culinary, MSMEs, cultural arts, and various other local wisdom. The annual event which this time marks the 79th Anniversary of West Java Province, which is commemorated every August 19, is also expected to be a means of entertainment for the community. Regional Secretary of West Java Province Herman Suryatman hopes that this event will also stimulate the economy of West Java. “Watch, follow the West Java Festival 2024. God willing, it will make us all happy. No less important, WJF reminds us how extraordinary West Java's potential is, starting from culinary, MSMEs, cultural arts, and others. It is hoped that this event can also stimulate the West Java economy,” he said on Sunday (18/8/2024). The series of WJF activities carried out start from music concerts, cultural festivals, culinary festivals, exhibitions, seminars, MSME festivals, and other interesting activities, which are also enlivened by 27 regencies / cities throughout West Java. With the theme of the West Java Festival 2024 entitled Harmony of Collaboration, the West Java Provincial Government will also encourage the spirit of collaboration in various aspects of development. Through various series of activities that will take place on August 23-24 in the Gedung Sate area, WJF is expected to also attract local and foreign tourists, as well as further introduce West Java to the public. “Many activities will be held. There are bazaars, discussions, seminars, and so on, including music concerts,” Herman said. “West Java Festival 2024, entitled Harmony of Collaboration, with the spirit of togetherness we build West Java,” he concluded. SOURCE
Aug, 19 2024
Jakarta: PT PLN (Persero) and Saudi Arabian energy company ACWA Power are developing the Saguling Floating Solar Power Plant (PLTS) project with a capacity of 92 Megawatt peak (MWp) located in West Java. Both companies have signed a Power Purchase Agreement (PPA). The Ambassador of Saudi Arabia to the Republic of Indonesia, Faisal Bin Abdullah Al-Amudi, said that this renewable energy development cooperation is a bilateral relationship at the strategic level initiated by the leaders of Indonesia and Saudi Arabia. He assessed that this collaboration would improve the economy of the two countries. “The Kingdom of Saudi Arabia, as you know, is the largest economy in the Middle East region and Indonesia is the largest economy in Southeast Asia. Both countries have great potential in terms of investment, on this occasion we also invite investors to be able to increase investment in Saudi Arabia and Indonesia,” Faisal explained in a written statement, Thursday, August 15, 2024. PLN's strategic steps PLN President Director Darmawan Prasodjo explained that this strategic step was taken by the company in its efforts to support the increase in the utilization of new renewable energy (EBT) in line with the energy transition agenda in Indonesia. “The earth is warming up, and we are shifting from fossil fuel-based development to renewable energy-based development. The energy transition policy to renewable energy is underway and will be announced at COP29 in Azerbaijan with 75 percent of additional capacity coming from renewable energy,” Darmawan said. Darmawan continued, with large investment needs, of course PLN will not be able to do this alone. According to him, this is a global challenge that requires global solutions and global collaboration. The signing of this PPA is proof that the previously fragmented global community is now united. “Global warming offers great challenges, but it also provides tremendous opportunities, opportunities for growth, opportunities for collaboration, whether in strategy, technological innovation, or joint investment. We want to ensure that future generations have a better future than ours. And it all starts through this extraordinary collaboration,” Darmawan said. Darmawan said that later when operating the Saguling Floating Solar Power Plant located in the Saguling Reservoir in West Java, it has the potential to reduce carbon emissions by 120 thousand tons per year. PLN Indonesia Power, a subholding of PT PLN (Persero) will control a 51 percent stake and the rest will be owned by ACWA Power. “We really appreciate ACWA Power for signing the PPA. This is just the beginning and is a symbol that opens up opportunities for much greater cooperation between Saudi Arabia and Indonesia,” Darmawan continued. Green energy potential Meanwhile, ACWA Power Chief Executive Office, Marco Arcelli said that Indonesia is a country with abundant green energy potential. ACWA Power emphasized its readiness to work with PLN to develop green energy in Indonesia. “In countries with high population density, floating solar PV or 'floatovoltaics' serve as the best solution for utilizing solar energy. Indonesia's vast seascape and abundant sunlight present great potential for this project,” Marco said. “We look forward to working with our partner, PLN, to contribute to the country's vision of increasing renewable energy capacity,” Marco said. SOURCE
Aug, 16 2024
HIMPUNAN Pengusaha Muda Indonesia (Hipmi) Cianjur Regency, West Java, assesses that the investment climate in Cianjur is showing an increasing trend. This condition is supported by the local government's policy on the ease of business licenses. Chairman of BPC Hipmi Cianjur Regency, Andi Burdah Zawahir, explained that the recent increase in investment value was supported by the small and medium business license (IUMK) and the emergence of new trades such as malls and franchises. These sectors have contributed to investment growth in Cianjur Regency. “If you look at investment growth, based on the data, it has indeed increased quite rapidly. Especially in the last three years during the leadership of Regent Herman Suherman,” he explained, Thursday (15/8). Data from the Cianjur Regency Investment and One-Stop Integrated Service (DPMPTSP) Office, in 2021 investment realization reached 104.43% or Rp1,900,774,252,100 of the target of Rp1,820,000,000,000. Then in 2022, from the target of Rp1,640,000,000,000 realized atRp1,747,988,855,000 or 106.58%. Meanwhile, in 2023, from the target of Rp1,656,400,000,000, Rp1,802,406,639,556 was realized or 108.81%. Meanwhile this year, during the January-July period, investment realization has reached Rp1,172,240,809,204 of the target of Rp1,820,061,327,000 or 64.41%. “Every year for the last three years, investment realization has always exceeded the target,” he said. Andi saw that the rapid achievement of investment growth was directly proportional to the support of regional leadership policies. Coupled with various service innovations that make investors comfortable investing in Cianjur Regency. “This achievement is made possible by the regulation of the ease of business licenses. In fact, DPMPTSP goes directly to the field to provide licensing assistance,” he said. However, he acknowledged that behind the positive progress of investment achievements, there are certainlythere are still shortcomings. Therefore, in the future the local government through technical regional apparatus needs to improve these various shortcomings. “The important thing to do at this time is the leadership figure of the regional head. Because, investment requires legal certainty. For example, about regional spatial planning. Now the spatial regulation in Cianjur Regency has been completed. This is an opportunity to attract investment. Who is the fastest, will get the fastest investment,” he said. Cianjur Putra Indonesia University (UNPI) Economic Observer, Irfan Sophan Himawan, assessed that the rapid pace of investment during the leadership of Cianjur Regent Herman Suherman was an indicator that the policies taken had succeeded in creating a conducive investment climate. “This includes improving infrastructure, simplifying bureaucracy, and providing incentives for investors.providing incentives for investors. All of these are attractive to domestic and foreign investors,” said Irfan. SOURCE
Aug, 16 2024
Karawang - Investment realization in the first semester of 2024 in Karawang Regency reached IDR 37.4 trillion, the Regional Government is optimistic that it will exceed the target set by the Investment Coordinating Board (BKPM). Head of the Karawang Regency Investment and Integrated Services Office (DPMPTSP) Wawan Setiawan explained that the first semester investment realization this year had reached 78 percent. “Alhamdulillah, for this year, in the first semester of 2024, we have reached 78 percent of investment realization, or a total of Rp37.4 trillion,” said Wawan, when contacted by detikJabar, Thursday (15/8/2024). Apart from sharing programs, said Wawan, the factor for investment realization in Karawang Regency is quite high, due to the large number of investments from battery manufacturers for electric cars and motorbikes. “Yes, apart from the program, the main factor may also be because we are attracting investors, one of which is an electric vehicle battery factory from Korea which was inaugurated yesterday by President Jokowi,” he said. In addition, it also lures other investors, starting from B3 waste management, so that these companies present tenants who might support the sale of the electric vehicle battery company. “Apart from Korean companies, companies from China are also investing in the same field,” he added. Meanwhile, Karawang Regent Aep Syaepuloh also admitted that he was optimistic that investment realization would exceed the target, so that in the future the development of Karawang must also be more advanced. “We are even supported by various infrastructures, such as access connectivity, from toll roads, to fast train stations. So we are optimistic that every year we will exceed the investment realization target,” said Aep, when contacted by detikJabar. Aep further explained, the realization must also go hand in hand with massive employment, so that the welfare of the community also increases. “This investment realization must of course also go hand in hand with significant employment, and to date based on reports the employment rate has also increased along with that the welfare of the community has also increased,” he concluded. SOURCE
Aug, 16 2024
Liputan6.com, Cirebon Efforts to increase investment are still one of the priority programs of the Cirebon Regency Government. The government believes the presence of investors has a positive impact on society. PT Merlion Sejahtera Group is rumored to be investing Rp 129 trillion in Cirebon Regency. This was revealed in a working meeting of Commission II of the Cirebon Regency DPRD. Chairman of Commission II of the Cirebon Regency DPRD Hasan Basori said the investment from PT Merlion Sejahtera Group has great potential to change the economic dynamics of Cirebon Regency. “This investment is expected to improve the local economy, as well as open thousands of jobs for the local community,” said Hasan Basori when leading the agenda of Evaluation of Acceleration and Supervision of Investment for Foreign Investment, Thursday (15/8/2024). Hasan Basori emphasized the importance of this investment for regional economic growth. According to him, PT Merlion Sejahtera Group has great potential to change the economic dynamics in Cirebon Regency. He mentioned, currently the investment growth of Cirebon Regency per the third quarter has only reached 29 percent of the target of Rp 3.2 trillion. “PT Merlion Sejahtera Group has an investment initiative of Rp 129 trillion, meaning that this figure exceeds several thousand percent of the investment target set by the local government,” Hasan said when interviewed by the media, Thursday (15/8/2024). According to him, Cirebon Regency has a strategic position and strong investment carrying capacity on the coastal route. Therefore, the importance of the role of the local government in supporting and overseeing these investments. “We hope that this investment is part of increasing the economic growth of Cirebon Regency, which is currently relatively below the economic growth of West Java,” he said. He hopes that the investment value of Rp 129 trillion can absorb a lot of local labor. This, he said, is in accordance with the Regional Regulation (Perda) which prioritizes local wisdom policies. “As a macroeconomic analogy, per one trillion, the estimated target is 1,500 to 2,000 workers can be absorbed. If it is Rp 129 trillion within 10 years, every year the growth is one trillion, then the workforce can be absorbed from the local workforce,” he explained. It is known, PT Merlion Sejahtera Group, which is engaged in the smelter industry. It is also expected to support regional exports, thus encouraging the economic growth of Cirebon Regency at a macro level. Meanwhile, Chairman of the Indonesian Employers Association (Apindo) of Cirebon Regency, Asep Soleh said, the foreign company has officially invested in Cirebon Regency with a development plan on 250 hectares of land in Pengarengan Village. This investment is considered to have a positive impact on the regional economy, especially in reducing unemployment and boosting economic growth. According to him, the presence of the foreign company is an important momentum for Cirebon Regency to attract more investors. “Of course, Apindo Cirebon Regency is very happy, thank you to PT Merlion Sejahtera Group for investing heavily in Cirebon Regency.” He also emphasized the importance of support from various parties. Such as the local government and legislature to ensure investment can run smoothly and have a positive impact on society. According to Asep, the presence of PT Merlion Sejahtera Group in Cirebon Regency can be an opening door for other investors who want to invest in this region. “Like the economy, unemployment is reduced, and so on. So, it must be well supported so that then not only Merlion, but other PTs can also be present in Cirebon Regency,” he said. PT Merlion Sejahtera Group's development and operational target in Pengarengan Village is expected in 2025. Currently, the land acquisition process has reached 130 hectares of the total 250 hectares planned. Asep also hopes that local companies can participate in this project to accelerate investment realization. “Merlion can also be assisted by local indigenous companies to accelerate its investment. So this is a very good support system,” he said. SOURCE
Aug, 16 2024
The Banjar City Government, through the Investment and One-Stop Integrated Service Office (DPMPTSP), reported that investment realization for the first semester of 2024 has reached Rp68 billion. Head of DPMPTSP Kota Banjar, Mamat Rahmat, through Dewi Ambarwati from the Investment sector, revealed that the figure is based on data from the Investment Activity Report (LKPM) on the Online Single Submission (OSS) system. “During the first semester, investment realization reached Rp68 billion, which came from labor-intensive and capital-intensive investments mainly in the trade and services sectors,” Dewi explained on Wednesday (14/8/2024). Dewi detailed that of the total investment realization, the first quarter contributed Rp3,931,500,119, while the second quarter reached Rp64,733,833,119, bringing the total to Rp68,655,333,541. This figure is equivalent to 13.73 percent of the Banjar City Regional Development Plan (RPD) target for 2024, which is Rp500 billion. “This achievement has exceeded the West Java Province DPMPTSP target of Rp110 billion, showing a very good achievement,” he added. This investment realization also had a positive impact on employment. In the second quarter of 2023, employment reached 748 people. While in the second semester of 2024 it increased to 989 people, or an increase of 32.22 percent. The sectors that dominate investment in Kota Banjar include trade, repair, wood industry, services, hotels, restaurants, and textiles. This investment involves both domestic investment (PMDN) and foreign investment (PMA), although the contribution of PMA is relatively small. In addition, the number of micro and small businesses registering a Business Identification Number (NIB) has also increased significantly. As of June 2024, there were 6,637 business actors who had obtained NIBs through the OSS system. “Although online LKPM preparation is not required for micro businesses, we still urge them to apply,” said Dewi. Dewi also mentioned that the business sector that received the most NIBs was the cracker, peyek, and similar industries. “This shows that investment and compliance with licensing are growing in Kota Banjar,” she concluded. SOURCE
Aug, 15 2024
CIREBON - The economic movement of Cirebon City after the Covid-19 pandemic continues to develop well. The impact in 2024, the value of investment in the city of Cirebon is considered stable, even tends to increase. Head of the Cirebon City Investment, One-Stop Integrated Service (DPMPTSP) Office, Drs. Sosro Harsono explained, the West Java Provincial Government gave an investment target in Cirebon City of Rp860 billion. “We are grateful, entering the third quarter or until July 2024, investment in Cirebon City has exceeded Rp1 trillion,” he said, Wednesday (14/8/2024), in his office. Sosro revealed, this figure refers to the Business Identification Number (NIB) which is included in the Online Single Submission (OSS) data and the Investment Activity Report (LKPM) of business actors. “The NIB lists the investment value. Then we also routinely receive LKPM from business actors. Their business operations are reported online, so that the local government knows the investment turnover in the city of Cirebon,” he explained. Referring to the recapitulation data, Sosro continued, the current investment value comes from two doors, namely domestic investment (PMDN) totaling 6,207 investors and foreign investment (PMA) totaling 24 investors. “As of July 2024, the PMDN investment round reached Rp641 billion. Meanwhile, the investment round from PMA reached Rp424 billion. So that the total investment reached Rp1 trillion from 6,231 investors,” he explained. Sosro still said, the majority of PMDN are small and medium enterprises (SMEs), while PMA is in the form of business capital that enters the Cirebon City area industry. “I emphasize, the value of investment is not the money that goes to the government or the value of buildings / assets of business actors. But the turnover of business or operational costs of business actors which includes capital and business profits,” he explained. In addition to the investment target, said Sosro, Cirebon City is also targeted by the West Java Provincial Government to be able to realize 9,160 NIB issuances. Until July 2024, 6,207 NIBs have been realized. “There are still five months ahead. We are optimistic that we can realize it. In total, since the launch of OSS-RBA, with a span of August 2021-2024, 17,914 NIBs have been issued,” he said. Sosro also added that in West Java there are only two regions that can issue online licenses for medical personnel, both practice licenses for midwives and doctors. “The two regions are Cirebon City and Cianjur. We can already issue licenses for medical personnel,” he said. (DKIS Cirebon City) SOURCE
Aug, 15 2024
KABAR TASIKMALAYA - The investment business utilizing the capital market is showing a fairly positive trend in society, including among students to Gen Z. Realizing that there are great opportunities in the investment business, especially the capital market, the Investment Gallery of the Faculty of Economics, Siliwangi University (Unsil) continues to encourage students to take the opportunity to invest. So in order to educate and stimulate student interest in investing, the FEB Investment Gallery held a capital market school for around 200 students taking capital market courses at the FEB Unsil Auditorium Building on Wednesday, August 14, 2024. In the Investment Gallery's routine activities, they were provided with materials including stock application guides and Analysis for Investment Plans and initial strategies for maximum results in the capital market. The two materials were discussed quite in depth by two speakers, namely Tine Badriatin, S.Sos., M.Si., M.M (Lecturer FEB Unsil - KKP Tasikmalaya PT. Reliance Sekuritas Indonesia, Tbk) and Errin Nur Rahmayanti (KP BEI West Java). The event was also filled by the Coordinator of the capital market course Wilman San Marino, S.E., M.M who gave introductory material to the capital market. Head of the Banking and Finance Study Program of FEB Hj Noneng Masitoh MM when opening the event was grateful because with this event, students can get to know better about what investment is and how to make good and correct investments. “This activity is very good because it will play a role in encouraging students to have additional skills so that they are better prepared to work after college. Because they can find out the actual implementation and management of the capital market,” said Noneng. This can also encourage the Main Performance Index (IKU). The management of the Indonesia Stock Exchange Investment Gallery (GIBEI) FEB UNSIL - RELI Rd.Lucky Radi Rinandiyana SE, M.S said that investing in the capital market is now an attractive alternative to filling other income niches. Because currently the public is still quite unfamiliar with investing in the capital market line. Because usually most forms of investment are physical in nature such as land or buildings. Meanwhile, the times have progressed, so that investment instruments are now more diverse. “Of course, there is a little concern if students who have their own income, purchasing power and want to invest are confused. Because most students are oriented towards holding companies, organizations or others,” said Lucky. So they often forget not to complete an understanding of financial literacy for themselves. Now Lucky, who is completing his doctoral program at Unpas, said that this should not be forgotten. Regarding the image of the capital market industry that must require large capital, he emphasized that investing in the capital market can start with a capital of Rp 5 thousand. “The cheapest share price, for example, is Rp 50 rupiah. If you buy one lot of one hundred shares, it's only Rp 5,000. So with a capital of Rp 5 thousand, you have become an investor,” he said. Only, he said, don't forget the big risks that always have the potential to get in the way. The profit in the capital market can be obtained from the difference in buying and selling prices. “In addition, there are also benefits in the form of dividends where every company that is active in the capital market, holds an AGM every year to determine the profits given to investors,” he said. Only before deciding to invest, it is important to recognize the product and the risks. “Of course potential investors need to have a strategy when it's time to buy, hold or release. Moreover, behind investment there is a twin brother, namely high risk,” said Lucky, who is also the head of the FEB Unsil management study program. Gibei itself is an organization that is a means of interaction for students of the faculty of economics as a forum for developing students' abilities and abilities about investing in the world of capital markets. GIBEI FEB Unsil has a WPPEP capital market license. SOURCE
Aug, 15 2024
GARUT, INDOMETRO .ID - Deputy Head of Bank Indonesia (BI) Representative of West Java Province, Muslimin Anwar, together with representatives of the West Java Province Investment and One-Stop Integrated Service (DPMPTSP), visited Garut Regency on Tuesday (13/8/2024). This visit was related to the inclusion of Garut Regency in the top five finalists of the West Java Investment Challenge 2024. The group was received by the Acting Head of DPMPTSP of Garut Regency, Budi Gan Gan Gumilar, in the Situ Bagendit tourist area, Banyuresmi District. Situ Bagendit itself is one of Garut Regency's flagship projects offered to investors in the West Java Invesment Challenge 2024. The results of the visit were then discussed at the Public Service Mall (MPP) regarding the follow-up of the West Java Invesment Challange 2024. The discussion was attended by the Regional Secretary of Garut Regency, Nurdin Yana, and several heads of Regional Work Units (SKPD) within the Garut Regency Government. Garut's Commitment to Attract Investors Muslimin Anwar explained that this visit aims to assess the potential of Garut Regency to win an award in the West Java Investment Challenge 2024, directly assess the potential of Situ Bagendit, and evaluate the Garut Regency Government's commitment to the development of the area. According to Muslimin, the readiness and support of the local government are the main keys to attracting investment. The projects offered must be ready, both in terms of infrastructure and the commitment of the local government. "Because the commitment to support the readiness of the district government is one of the key factors for investment to enter the region, and the projects offered can find their partners, in this case related investors," added Muslimin. He assessed the strength of Situ Bagendit, which has a long history and interesting legendary elements, with the number of visitors reaching 180 thousand in 2023. In addition, post-revitalization, the area has been equipped with adequate infrastructure, including an amphitheater, floating mosque, pedestrian and jogging track. "This is one of the strengths that can be continued with investors, because the accessibility has been fulfilled, then the amenities are also already there, we just need to strengthen it, then the attractions need to be increased so that the number of visits will increase," he said. However, Muslimin also emphasized the need to improve facilities, such as handling water hyacinth problems, supporting MSMEs, and expanding parking capacity to accommodate more visitors. Muslimin advised the Garut Regency Government to always continue to synergize with the West Java Provincial Government and Bank Indonesia, where openness and optimism are needed that can be synergized together. "When investors ask for more details about things that are currently on the surface, but surely they will be more detailed, and when that happens hopefully they can be more reluctant, and prepare as detailed information as possible," he said. Collaboration to Increase PAD The Secretary of Garut Regency, Nurdin Yana, expressed his appreciation for the visit of BI and DPMPTSP of West Java Province. He emphasized that although fiscal limitations are a challenge, collaboration with various parties, including investors, is a solution to increase Garut Regency's Original Revenue (PAD). His party, said Nurdin, will immediately fulfill the prerequisites requested by BI and DPMPTSP of West Java Province, so it is hoped that in the near future BI can pair Garut Regency with third parties who can invest in Garut Regency. "Hopefully by being matched with him (Head of the West Java Province BI Representative), there will be one investor entering us, so that it will be valuable, which can provide or boost our PAD in Garut Regency, so that it will provide welfare to the community accumulatively," Nurdin said. Nurdin hopes that through the West Java Investment Challenge 2024, Garut Regency can attract investors who are able to develop tourist areas, such as Situ Bagendit, to have a significant economic impact on the region. Meanwhile, the Head of Bappeda of Garut Regency, Didit Fajar Putradi, added that Garut Regency's participation in this event aims to open up space for investors, both from within and outside the country. He is optimistic that with the support of BI and DPMPTSP of West Java Province, investments that enter Garut Regency will make a major contribution in increasing PAD and community welfare. "The revenue will also increase if it is managed better, if it is managed with more complete facilities, which are more attractive for people to visit more Situ Bagendit," Didit said. Didit revealed that through the West Java Investment Challenge 2024, Garut Regency and its Situ Bagendit were introduced to various layers of domestic and foreign investors. He hopes that after this, other areas in Garut can also attract investors. "It gives us hope that investment will really enter Garut Regency, at this time we (offer) Situ Bagendit, the day after tomorrow we will try others, not just Bagendit," he concluded. SOURCE
Aug, 14 2024
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