West Java is officially home to the largest and first electric vehicle battery cell factory in Southeast Asia. President Joko Widodo inaugurated the PT Hyundai LG Indonesia (HLI) Green Power factory in the Karawang New Industry City (KNIC) area, West Jambe Bay, Karawang Regency, Wednesday (3/7/2024). President Jokowi was accompanied by Coordinating Minister for Maritime Affairs and Investment Luhut Binsar Pandjaitan, Minister of Investment/BKPM Bahlil Lahadalia, Minister of Industry Agus Gumiwang, Minister of BUMN Erick Thohir, and Acting Governor of West Java Bey Machmudin. "Today I inaugurated the factory and ecosystem and electric vehicle batteries in Indonesia," said Joko Widodo. Before the inauguration, Jokowi first toured the HLI Green Power factory and then signed the hood of the Kona Electric car, which was the first to use locally made batteries. During the review, Jokowi was accompanied by the Minister of Trade of the Republic of Korea, Inkyo Cheong. The battery cell factory, which stands on an area of 330,000 square meters, is capable of producing lithium ion battery cells with a total capacity of 10 GWH per year. This amount is to fulfill 150,000 electric vehicle battery units. The first car to use this locally made battery is the newest Hyundai Kona Electric. This car will soon be available in Indonesia with a price range of IDR 500 million. The initial investment in the factory was valued at USD 1.2 billion. The presence of this battery cell factory is expected to provide many positive things for West Java, such as increasing regional income through investment taxes, absorbing labor thereby reducing unemployment, and increasing the competitiveness of the West Java region itself. Investment trends in West Java continue to be positive. West Java is home to 14,000 companies which currently exist with investment. In 2024 West Java will contribute 148.5 percent of national investment growth or a value of around IDR 210 trillion (both PMA and PMDN). SOURCE
Jul, 05 2024
Garut Regency once again demonstrated its achievements by winning four awards at the 2024 West Java Creative Work and West Java Crafts Week (KKJ-PKJB) event. The event took place at the Trans Convention Center Ballroom, Bandung City, on Sunday (30/6/2024). The four awards are:1. 2nd Place in the 2024 West Java Featured Waste and Product Show;2. Most United Supporters Champion;3. 1st and 2nd Place for Best Products in the category of Products Made from Natural Fibers and Raw Fabrics. The Acting (Pj) Regent of Garut, Barnas Adjidin, stated that the enthusiasm and hard work of Garut Regency bore sweet fruit with the achievement of these four awards. "This is a trigger for us to move forward, of course with the tagline "Superior" we will be even more superior in the future," said Barnas. In this event, Garut Regency displays various superior products that have the potential to be sold nationally and internationally. Barnas invites all elements of society to continue to improve the economy through creativity, synergy, collaboration and innovation. Barnas also reminded all parties not to be satisfied with the current awards, and emphasized the relevant agencies to build a clear commitment to accelerating economic development in Garut. "Well, of course this will be our homework for the future," he said. In the 2024 West Java Featured Waste and Product Demonstration category, it was demonstrated by the Acting Regent of Garut and his wife, Sri Kartika Barnas Adjidin, and two heads of departments (Disperindag ESDM and Diskop UKM), displaying a fashion collection that combined Garut's typical cultural arts, namely silk, with the theme "People's Republic of China" - a cultural symphony that combines typical Garut silk fabric with Chinese cultural design elements. This collection combines floral and bird motifs from Garut by displaying the art of painting on the fabric. This combination of colors and motifs creates clothing that is rich in meaning and aesthetics, reflecting the life philosophy and cultural values of both nations. Bird and flower motifs create a deep visual narrative that shows the harmony between tradition and innovation that can be developed. This is an embodiment and cooperation between cultures, which not only promotes the beauty and uniqueness of each, but is also able to strengthen relations between countries. Meanwhile, one of the awards won by Garut was 1st Place in the Best Product Category Made from Natural Fibers and Fabrics, which was won by Viera Sutra Alam. The owner, Ruda Pratama, explained that their superior product is painted embroidery weaving which combines Garut's typical ATBM (Original Weaving. Not Machine) weaving with a painting process. "This product is not an old product, but is based on Garut characteristics with handloom weaving and silk fur patterns, then combined with painting," explained Ruda. Currently, Viera Sutra Alam markets its products online and offline through exhibitions and bazaars. "Of course, this hope is a trigger for entrepreneurs, for young entrepreneurs to continue to innovate, to continue to be able to create works with trends that continue to develop, and are accepted by the wider community," he said. Opened directly by the Acting Governor of West Java, Bey Machmudin, the West Java fashion show featured regional clothing made by 325 MSMEs with international styles. This is in accordance with the theme, namely West Java Waste Goes International, Local Products Penetrating the Global Market. According to Bey, the West Java literary demonstration shows the quality of MSME products that are ready to compete in the international market. MSME creativity supported by facilitation from PKJB and KKJ will have an impact on increasing exports of superior West Java products. "This is not just a style but shows the quality of MSMEs that are ready to compete in the international market. The key is creativity and this PKJB is a showcase that has a big impact on its products," said Bey. Bey welcomed the PKJB-KKJ event initiated by Bank Indonesia West Java Representatives and West Java Dekranasda which has consistently held it for 17 consecutive years. "I welcome this implementation because it has been held for 17 consecutive years," he said. Bey hopes that all West Javanese literature that is exhibited can be sent to the Embassy of each country that is the theme. Apart from export potential, this can also improve good relations between Indonesia, especially West Java, with other countries. SOURCE
Jul, 03 2024
There are 130 booths of West Java's leading MSMEs which present various creative product creations, fashion, culinary and other premium creative industries, helping to enliven the West Java Creative Works and West Java Creativity Week (KKJ-PKJB) 2024 which will take place at the Atrium of Trans Studio Mall Bandung, from June 28-30, 2024. This event is one of the efforts to raise the class of MSMEs in West Java which was held by Bank Indonesia together with the West Java Provincial Government and the West Java Dekranasda. KKJ-PKJB 2024, which is the Road to Indonesian Creative Work (KKI) event, takes the theme 'Synergy to Strengthen the Green Economy, Digital and Inclusive Finance and Investment Climate for Economic Independence', attended by the Indonesian Minister of Trade, Zulkifli Hasan (Zulhas), Deputy Governor Bank Indonesia, Aida S. Budiman, and Acting. Governor of West Java, Bey Machmudin, and Regional Secretary Jabat Herman Suryatman. In his remarks, the Minister of Trade, Zulkifli Hasan, said that the 2024 KKJ-PKJB was a form of commitment by the Ministry of Trade together with the Regional Government and related stakeholders including Bank Indonesia in encouraging the marketing of West Java MSME products. This is also in line with MSMEs which are considered critical engines for the economy through large employment and contribution to economic growth. "Apart from that, MSMEs also have the potential to become a motor for increasing Indonesia's export performance in line with the existence of various commodities that have the potential to be widely marketed to major export destination countries," said Zulhas at TSM Bandung, Friday (28/6/2024). According to him, one of the concrete steps taken by the Ministry of Trade to encourage exports of West Java MSMEs is through the Export Coaching Program (ECP). ECP is a synergy program of the Ministry of Trade through the Human Resources Training Center for Export and Trade Services (PPEJP) of the Ministry of Trade with Bank Indonesia West Java through an intensive export assistance program for 8 months. "This ECP aims to increase MSMEs' understanding of export procedures, permits and requirements, so that export business matching can be carried out with potential overseas buyers. This program has succeeded in realizing several MSME export deliveries independently in 2024, including exports of processed food products, Banana chips and "King Spicy to Japan is worth 270 million rupiah, and Wanoja coffee exports to Saudi Arabia are worth 1.4 billion rupiah," explained Zulhas. Meanwhile, Deputy Governor of Bank Indonesia, Aida S. Budiman, in her speech said that MSMEs also play an important role in controlling regional inflation. In the 4K framework for controlling regional inflation, supply availability is one of the important pillars that can be supported by MSMEs or Food Cluster players. SOURCE
Jul, 03 2024
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
West Java Creative Works and West Java Crafts Week (KKJ-PKJB) 2024, which presents premium craft, fashion, culinary and other creative industry product creations from 130 of West Java's leading MSMEs, was officially opened to help expand their market. "KKJ-PKJB 2024 is a manifestation of the commitment of the Ministry of Trade together with regional governments and related stakeholders including Bank Indonesia in encouraging the marketing of West Java MSME products," said Minister of Trade Zulkifli Hasan when giving a speech in Bandung, Friday. This, he said, is important because MSMEs are an "important engine" for the economy, through large employment absorption and contribution to economic growth and also have the potential to become a motor for increasing Indonesia's export performance, in line with the existence of various commodities that have the potential to be marketed widely to main export destination country. Deputy Governor of Bank Indonesia, Aida S Budiman, in his speech said that MSMEs also play an important role in controlling regional inflation, where one aspect of controlling inflation, availability of supply, is an important pillar that can be supported by MSME/Food Cluster players. "In the 2024 KKJ-PKJB, Bank Indonesia together with regional governments through the National Food Inflation Control Movement (GNPIP) program and the Regional Inflation Control Team (TPID) are also actively strengthening and expanding cooperation between regions, between business actors on a Business to Business (B2B) basis. ," said Aida. A concrete manifestation of strengthening inter-regional cooperation in the KKJ-PKJB 2024, he said, was the signing of inter-regional cooperation on horticultural commodities between MSME actors from Bandung Regency and Garut Regency and MSME actors from Pangkal Pinang City, Bangka Belitung Province. BI's support for MSMEs is also realized through the digitalization of payments using QRIS, which by April 2024, West Java will be the epicenter of QRIS user growth in line with its share reaching no less than 22 percent nationally or 10.8 million users. In campaigning for QRIS to support MSMEs in the tourism sector, at KKJ-PKJB 2024 the QRIS Jelajah Indonesia Kick Off was also inaugurated, which is a mission completion competition by exploring West Java tourist locations. "QRIS Jelajah Indonesia further complements various MSME development programs by Bank Indonesia, which are expected to further increase the contribution of MSMEs to West Java's economic growth," he said. In the same place, West Java Regional Secretary Herman Suryatman agreed that the 2024 KKJ-PKJB event was a forum for continuing to expand financial and marketing access for West Java Creative MSMEs. In organizing the 2024 KKJ-PKJB, the West Java Provincial Government and West Java BI consistently prioritize showcasing and business matching, financing and marketing of MSME products, with future development increasingly focused on MSMEs that have implemented the green economy concept. "Financing by banks will also be increasingly directed at MSMEs that prioritize environmentally sound products. All of this is of course aimed at realizing West Java's economic growth that is increasingly sustainable and inclusive," said Herman. Meanwhile, Head of Bank Indonesia West Java Province Representative, Muhamad Nur added that in line with the tagline "Gaspol UMKM, Jabar Caang", KKJ-PKJB 2024 is also equipped with the Java Tea Experience (JTE) 2024 event which is an event showcasing superior product MSMEs tea partners of Bank Indonesia throughout Java. "JTE 2024 is also equipped with talk shows on artisan tea business development, tea exports and tea mixology classes," he said. Apart from that, the 2024 KKJ-PKJB is also coupled with the West Java Industrial Meeting (WJIM) which is a forum for BI and stakeholders to disseminate various policies that support the development of industrial players. In this WJIM, Bank Indonesia will disseminate the Macroprudential Liquidity Incentive (KLM) and Local Currency Transaction (LCT) policies which can support the development of West Java sectoral performance. "Utilization of KLM and LCT policies, especially in the creative economy sector, will have an impact on optimal financing for West Java Creative MSMEs accompanied by efficient exchange rate costs in the context of export activities. Thus, the meaning and usefulness of the 2024 KKJ-PKJB event in efforts to encourage economic growth in West Java sustainability and inclusion are increasing," he said. KKJ-PKJB 2024, which is the Road to Indonesian Creative Work event, will be held at the Trans Convention Center and Trans Studio Mall Bandung on 28-30 June 2024. SOURCE
Jul, 03 2024
The Department of Investment and One Stop Integrated Services (DPMPTSP) together with Bank Indonesia are collaborating to encourage economic growth in West Java through the investment side. In 2024, DPMPTSP and BI in the Regional Investor Relations Unit (RIRU), collaborate to organize an Investment Challenge. The Investment Challenge is an innovation from both of them in the form of holding a competition as part of an effort to increase the number of Investment Projects Ready to Offer in West Java. In this first event, the competition focused on exploring the potential of districts/cities throughout West Java. The series of activities include capacity building, preparing a business model canvas, preparing a pitch deck and pitch presentation. Head of DPMPTSP Nining Yuliastiani said that all Investment Challenge events will produce 2 (two) superior investment projects from Regencies/Cities which will have the opportunity to receive assistance facilities for preparing Feasibility Studies and Business Cases. Furthermore, this facility also has the potential to continue to provide opportunities to participate in investment promotion activities with potential foreign investors, as well as assistance in carrying out business matching. In this Investment Challenge there are 3 selection stages, namely the top 10 best Business Model Canvas (BMC), the 5 best BMC and finally the 2 best BMC will be produced. The Investment Challenge event, Investment Roadshow is part of a series of road to West Java Investment Summit (WJIS) 2024 as a form of innovation and sustainable efforts from RIRU BI West Java together with the West Java Provincial Government to encourage the realization of West Java investment thematically to support sustainable economic growth. "We have carried out the 2024 Investment Challenge together with the West Java Provincial Government starting in early 2024 with the number of participants / curated investment projects reaching 26 investment projects," said Kpw BI West Java Muhamad Nur. WJIS 2024 will be held in September or October 2024 with the theme "Unlock West Java Potential." (rep guh) (Source)
Jun, 26 2024
The commitment of the Indramayu Regency Government (Pemkab) to provide convenience and excellent service for the community to access public services continues. The Indramayu Regency Government is realizing this commitment, one of which is by presenting the Public Service Mall (MPP). The presence of the MPP is also an effort to transform the mentality of the priyai bureaucracy into a serving bureaucracy, as well as serving as a place for integrated licensing services in Indramayu Regency. It is hoped that the existence of the MPP can lead to an increasingly improving investment climate so that the people of Indramayu become more prosperous. This was conveyed by Indramayu Regent Nina Agustina at the joint inauguration activity of the MPP held by the Ministry for Administrative Reform and Bureaucracy (KemenPAN-RB) in Jakarta, Monday (24/6/2024). It is known that the joint inauguration of the MPP was carried out directly by the Minister of PAN-RB, Abdullah Azwar Anas together with regional heads who were present and was attended by 15 regencies/cities, one of which was Indramayu Regency. On the same occasion, Regent Nina together with Plt. Deputy for Public Services KemenPAN-RB, Akik Dwi Suharto Rudolfus also greeted the ASN who served in the MPP and expressed his appreciation for the commitment of all stakeholders in Indramayu Regency in providing services and invited them to continue to be consistent in providing ease and speed of access to public services for the community so that implementation existing services can be better. "Thank you all, super great team, since it was launched on December 28 2023 and today we have been inaugurated, God willing, we will provide the best service for the best and fastest community. Hopefully everything will be even better, Indramayu will be dignified," he said . Meanwhile, the Minister of PAN-RB, Abdullah Azwar Anas, in his speech expressed his appreciation on behalf of the government to regional heads who were present in person as well as the entire community and SKPD who were present online at the inauguration of the MPP. According to him, it is time for the government to provide optimal public services, because public services are the core of government so that the peak of bureaucratic activity is public services. The implementation of MPP is one of the government's strategies in an effort to continuously improve the quality of public services, because the integration of all services, both vertical, BUMN, BUMD and private agencies as well as regional agencies aims to provide services that are fast, easy, affordable, safe and comfortable for the community. Therefore, Anas also hopes that regional heads can conduct regular surveys to measure the level of community satisfaction with the services provided. He even assigned deputies and assistant deputies for public services to carry out surveys and directly check conditions in the field to see whether public service indicators were working or not. Because Anas said, when he checked in the field, there were several MPPs that were inaugurated online and had not implemented the provisions as required for the operation of the MPP. Thus, Anas emphasized that if a similar incident were encountered again, he would be grounded or reduce his status to no longer be included in the MPP category but simply become a one-stop service. However, with the inauguration of 15 MPPs on this occasion, the Minister of PAN-RB hopes that all regional heads and their staff can carry out their duties and public service indicators so that the presence of these MPPs can have an impact on bureaucracy and increase public satisfaction with public services. Source
Jun, 25 2024
Cirebon Regency Government said the plan to build a wind power plant (PLTB) in its area could boost the value of regional investment realization. Bisnis.com, CIREBON - The Cirebon Regency Government said the plan to build a wind power plant (PLTB) in its area could boost the value of regional investment realization. Acting Cirebon Regent Wahyu Mijaya said the government welcomes all investment activities in Cirebon Regency. Moreover, this West Java-Jateng border area is aiming for greater investment achievements. "We support it because Cirebon Regency receives the benefits of the power plant," Wahyu said, Monday (24/6/2024). (SOURCE) However, Wahyu said, the local government will first communicate with the West Java Energy and Mineral Resources (ESDM) Office regarding the existence of the power plant. According to Wahyu, the government must conduct a study to ensure that the wind power plant provides great benefits for the people of Cirebon Regency. "We in the government when there is a plan like this, we want to study it from its aspects, although we are sure that the party there has conducted a wind flow study because it must not stop," Wahyu said. Based on information collected by the West Java Representative of Bisnis Indonesia's Green Economy Explore team, the location of the PLTB construction project will take place at several points in Sedong and Susukan Lebak Districts. Monitoring in the field, the point is in Panongan Village, Winduhaji Village, Windujaya Village, Karangwuni Village, Susukan Lebak Village, and Sedong Kidul Village. The power plant, which will be built by PT Wpd Indonesia Energy and PT Cirebon Tenaga Bayu, is planned to have a capacity of 100 to 150 megawatts (MW) with a 6 MW GWH182 goldwind turbine type. Other information that has been collected, the newest power plant from Cirebon Regency has two interconnection points to the Mandirancan 150 KV Substation in Pancalang District, Kuningan Regency and the Kanci 150 KV Substation in Astanajapura District, Cirebon Regency. Currently, PT Wpd Indonesia Energy and PT Cirebon Tenaga Bayu will continue the process of licensing activities that include the suitability of space utilization activities (KKPR) of the project location. In addition, land acquisition will also be carried out in stages after the KKPR of the project is obtained and investment in the field of study and planning is carried out further. This content is part of the news coverage of the Jelajah Ekonomi Hijau program, a journalistic journey of Bisnis Indonesia West Java Representative supported by Bank Indonesia West Java Representative Office, DPMPTSP of West Java Province, Bank BJB, PT KAI, MUJ ONWJ, Bank Mandiri and Cirebon Power. (SOURCE)
Jun, 25 2024
Husin expressed his appreciation to the West Java Provincial Government for increasing PMDN and PMA investment through easier licensing services. This step is expected to stimulate investors and expand employment in West Java. INILAHKORAN, Bandung - Member of Commission III of the West Java Provincial DPRD, Husin, expressed his appreciation for the West Java Provincial Government's steps in increasing domestic investment (PMDN) and foreign investment (PMA) through the provision of easier licensing services. According to Husin, the West Java Investment and One-Stop Integrated Services Agency (DPMPTSP) has succeeded in significantly improving its public services. This step is expected to stimulate investor interest in investing in West Java, which in turn will create more jobs. "With the provincial integrated public service (P2TP) and the Sakiceup Boss program, investors can take care of all their licensing needs in one place. This includes services such as the creation of IPR from the Ministry of Law and Human Rights, SNI certification from BSN, halal certificates from the Ministry of Religious Affairs, and regulations from BPOM," Husin said on Monday, June 24, 2024. The politician from the Perindo Party also added that this effort not only makes it easier for large investors but also provides opportunities for MSMEs to strengthen their businesses directly at the West Java DPMPTSP Office. "This is a positive step in supporting local economic growth and reducing unemployment and extreme poverty in West Java. With P2TP and the Sakiceup Boss program, it can provide many services in one place so that people can more easily access business services," he said.*** (Yuliantono) (SOURCE)
Jun, 25 2024
The annual West Java Creative Works and West Java Crafts Week (KKJB PKJB) 2024 event will be held again at the end of June. This activity is a synergy between the West Java Provincial Government, Dekranasda, and Bank Indonesia. Kadisperindag West Java, Noneng Komara Nengsih said, this annual event encourages increasing the competitiveness of MSMEs in West Java. Apart from that, this event also supports the National Movement Proudly Made in Indonesia and Proud to Travel in Indonesia (Gernas BBI and BWI). "The West Java Creative Work and Crafts Week event is part of support for Gernas BBI and BWI. "Especially in encouraging increased competitiveness of creative MSMEs in West Java," he said, Monday (24/6/2024). Furthermore, there were around 100 leading MSMEs in West Java who took part in this event. Starting from crafts, fashion, culinary, to the creative industry. "A total of 27 district/city dekranasda throughout West Java participated in enlivening the West Java Creative Work and Crafts Week activities. There was a fashion show with all OPDs of West Java Province. "As well as showcasing the superior creative products of each region," he said. He explained that in showcasing the region's superior products, his party would encourage and facilitate trade promotions. In this case, go digital go export through business matching with potential buyers. Source
Jun, 24 2024
BANDUNG--The sixth annual West Java Creative Works and West Java Crafts Week (KKJ-PKJB) event was held again this year. KKJ-PKJB 2024, which is a synergy of the West Java Provincial Government, West Java Dekranasda and West Java Bank Indonesia, will be held at the Trans Convention Center and Trans Studio Mall Bandung from 28-30 June 2024. The activity with the theme "Synergy to Strengthen the Green Economy, Digital and Inclusive Finance and Investment Climate for Economic Independence" will present various premium craft, fashion, culinary and other creative industry products originating from 100 of West Java's leading MSMEs. Head of the West Java Industry and Trade Service, Noneng Komara Nengsih, said that the 2024 KKJ-PKJB synergy event was held to support the National Movement Proud to be Made in Indonesia and Proud to Travel in Indonesia (Gernas BBI and BWI), especially in order to encourage increased competitiveness of creative MSMEs in West Java. "A total of 27 Regency/City Dekranasda throughout West Java participated in enlivening this activity through fashion shows with all OPDs of West Java Province as well as showcasing the superior creative products of each region," said Noneng in Bewara West Java (BEJA) Vol. 6, in Bandung City, last weekend. Showcasing of regional superior products will also be encouraged to facilitate go digital go export trade promotions through business matching with potential buyers. Furthermore, after the showcasing activities in the KKJ-PKJB 2024 area are completed, promotions and sales, including transactions for West Java MSME products, can still be carried out via the website www.karyakreatifbayararat.com and various marketplaces. Head of the West Java Tourism and Culture Service, Benny Bachtiar, said that the 2024 KKJ-PKJB event was also directed at attracting tourists to visit not only the city of Bandung, but also various other interesting destinations in West Java. Apart from the various attractions and entertainment that have been prepared, on the tourism side, KKJ-PKJB 2024 will also specifically hold the West Java Tourism Talk (WJTT), an interactive talk show that will dissect the potential and challenges of West Java tourism as a source of new economic growth. Apart from that, WJTT is also aimed at preparing a road map for developing West Java tourist destinations as a concrete step in realizing Gernas BWI. As an added value and continuing the success of the previous year, KKJ-PKJB 2024 is also accompanied by the Java Tea Experience (JTE) side event. In this event, JTE 2024 presents 20 superior tea products throughout Java, ranging from smallholder plantation tea commodities, the tea industry to artisan tea. JTE 2024 will be the right location for the people of Indonesia in general and West Java in particular to shop for MSME products at the KKJ-PKJB event while enjoying the various flavors of Javanese tea served by the best tea makers throughout Java. Source
Jun, 24 2024
Bandung, Sonora.ID - There will be 100 excellent Micro, Small and Medium Enterprises (MSMEs) in West Java (Jabar) present and display a variety of superior products in the West Java Creative Works and West Java Craft Week (KKJ-PKJB) 2024 held for the sixth time at the Trans Convention Center TSM Bandung on June 28-30, 2024.KKJ-PKJB 2024 takes the theme 'Synergy to Strengthen Green Economy, Digital and Inclusive Finance and Investment Climate for Economic Independence', will present various craft products, fashion, culinary, and other premium creative industries. In his presentation, Deputy Head of Bank Indonesia Representative of West Java Province, Muslimin Anwar stated that the KKJ-PKJB 2024 event is a Road to Indonesian Creative Works (KKI) 2024 event. "Of course, we hope that this strategic flagship event can contribute to maintaining West Java inflation to stay within the target range of 2.5 plus 1 percent," said Muslimin in the Soft Opening of KKJ - PKJB 2024 which was coupled with the Bewara Jawa Barat (BEJA) event at Braga City Walk Bandung, Saturday (22/6/2024). "We also hope that this event can also encourage West Java's economic growth to remain strong, sustainable and inclusive in the range of 4.6% to 5.4% by the end of 2024," he said. "There is also support for West Java's sustainable economic growth to be strengthened not only in the development of MSMEs, especially green MSMEs, but also to be directed to encourage the digital financial economy, inclusiveness, and investment," he added. Muslimin further explained that the Green Economy concept carried out at KKJ-PKJB 2024 was further strengthened through the showcasing of green MSME products, green financing support for green MSMEs, appreciation and webinars for green MSMEs, to the utilization of a circular economy through the Zero Waste Event concept. In addition, this event also supports inclusive digitalization through the QRIS Jelajah Indonesia program, digitalization of payment systems through QRIS to digital population services and vehicle tax payments. These things are also coupled with the West Java Industrial Meeting (WJIM), as a forum for disseminating Macroprudential Liquidity Policy (KLM) and Local Currency Transaction (LCT) for business people to maintain financial stability, encourage the realization of bank financing, increase investment realization and and maintain exchange rate stability. He said, apart from being the right place for the people of West Java to shop for premium quality MSME products typical of West Java, the KKJ-PKJB 2024 event also included various interesting competitions that could be participated in by the community. "Don't forget, in this series of events there is a processed food cooking competition with Chef Lord Adi, the Cinta Bangga Paham Rupiah Championship competition for high school level, a fashion show competition for banking employees in West Java titled 'Ngabaraya Fashion Walk' to the 'West Java Fashion Designer Competition," said Muslimin. It is known that KKJ-PKJB 2024 will be colored with various interactive booths and consumer literacy education sessions in accessing financial services and payments, and there will be entertainment by Kahitna and Yura Yunita. In addition to the various attractions and entertainment prepared, on the tourism side, KKJ-PKJB 2024 also specifically held West Java Tourism Talk (WJTT), an interactive talk show that will dissect the potential and challenges of West Java tourism to become a source of new economic growth. (SOURCE)
Jun, 24 2024
Bisnis.com, BANDUNG - The West Java Provincial Government in collaboration with the West Java Representative Office of Bank Indonesia, held the West Java Investment Roadshow 2024 at Hotel Indonesia Kempinski, Jakarta, this week. The event aims to strengthen sustainable synergies in infrastructure, agriculture, and tourism throughout West Java. The roadshow was attended by a number of key officials, including Director of the Directorate of Promotion for Southeast Asia, Australia, New Zealand and the Pacific Saribua Siahaan; Deputy Head of Bank Indonesia West Java Representative Office Muslimin Anwar; Head of West Java Housing and Settlement Office Indra Maha; and Deputy Regent of Sukabumi Iyos Somantri. The roadshow is intended to demonstrate a strong commitment to investment development in West Java. Head of the West Java Investment and One-Stop Integrated Service (DPMPTSP) Nining Yuliastiani emphasized West Java's commitment to maintaining its position as a major investment destination in Indonesia. "With rapid globalization, technological advances, and changing market dynamics, West Java needs to have a new perspective in interacting with investors," said Nining, Friday (21/6/2024). Nining said West Java is currently home to more than 14,000 companies with an investment value of Rp210.7 trillion in 2023, which represents 148.5% of national investment realization. "West Java offers a stable and friendly business environment, supported by a transparent regulatory framework and government support," she said. West Java's strategic location that offers access to Indonesia's domestic market and ASEAN economies is one of the main advantages. In addition, world-class infrastructure projects, such as the new port in Patimban, Subang, have increased the province's investment attractiveness. The province's skilled workforce and commitment to renewable energy and digitalization are also key supporting factors. With the theme "SUSTAINABLE SYNERGIES: ENHANCING INFRASTRUCTURE, AGRICULTURE, AND TOURISM IN WEST JAVA" the event held in Jakarta reflected the province's commitment to collaborative growth and sustainable development in key sectors. Nining said there were eight projects offered to investors at the roadshow. First, Jatigede Regional Water Supply System owned by West Java Provincial Disperkim; Sinumbra Regional Water Supply System owned by Java Provincial Disperkim; The Downstream Development in South Bandung Regional Water Supply System owned by PT Tirta Gemah Ripah; Construction of an Integrated Poultry Processing Industry driven by Ciamis district; Development of Modern Rice Processing Industry offered by Sukabumi district. Then, Bagendit World Class Tourism offered by Garut district; Clean Water Service for Patimban Sea Port, Special Industrial Zone, Domestic Area offered by Subang district; Optimizing of Water Supply System in Jatiluhur District, Purwakarta offered by Purwakarta district. "Projects number 4 to 8 are part of the Investment Challenge program. This program aims to challenge regencies and cities in West Java to explore their investment opportunities, so as to attract more investors and boost local economic growth," she said. Nining confirmed that the West Java Provincial Government is committed to providing an efficient investment process through dedicated investment promotion agents. They offer competitive investment packages with attractive fiscal and non-fiscal incentives as well as support from strategic investment advisory services. The roadshow is part of the annual West Java Investment Summit (WJIS) scheduled for late September 2024. The event aims to provide investors with in-depth knowledge on how best to invest in West Java, emphasizing the region's potential for sustainable and inclusive growth. Nining Yuliastiani invited the audience to explore the abundant investment opportunities in West Java. "We look forward to your investment and business expansion in West Java," she concluded. (SOURCE)
Jun, 24 2024
On June 18, 2024, Korean Water Resources Corporation (K Water) made a strategic visit to Indonesia to explore potential investments in the water infrastructure sector, particularly related to the national strategic project (PSN) at Patimban Port, West Java. The port, which is planned to accommodate 7 million TEUs of containers, is a key focus in Indonesia's infrastructure development efforts. Visit to Patimban Port and Perumda Air Minum Tirta Rangga SubangK Water's visit to Perumda Air Minum Tirta Rangga Subang at Patimban Port highlighted their commitment to contribute to meeting the clean water needs of the port and surrounding area. The meeting was attended by K Water's Chief Representative in Indonesia, Park Se Won, as well as a representative from Dong-A Ilbo, one of Korea's leading newspapers, Yeyoon Kim, who also observed the investment potential in the water infrastructure sector. According to the Technical Director of Perumda Tirta Rangga, Nana Ruhana, the progress of the construction of the water supply system in Patimban Port has reached 5 liters per second from the final target of 42 liters per second. The first step has been taken with the construction of a reservoir with a capacity of 900 cubic meters, which is planned to be increased to 2 times to support a larger capacity. West Java Investment Roadshow On June 20, 2024, the West Java Investment Roadshow event in Jakarta became an important platform to promote the investment potential in West Java, particularly in Patimban Port. This move is in line with the local government's efforts to attract foreign investment to support regional infrastructure and economic development. Potential Cooperation in the Lake Toba Region Not only in West Java, K Water has also shown its interest in developing infrastructure in the Lake Toba Region, North Sumatra. On June 20, 2024, the Korean SOE participated in a strategic meeting in South Jakarta initiated by the Lake Toba Authority (BPODT). (SOURCE)
Jun, 24 2024
Governor of Bank Indonesia (BI) Perry Warjiyo speaks during the Announcement of the Results of the June 2024 BI Board of Governors Meeting in Jakarta, Thursday (20/6/2024). ANTARA/Martha Herlinawati Simanjuntak Jakarta (ANTARA) - Bank Indonesia (BI) said Indonesia's economic growth remains strong amid global uncertainty, supported by the policy mix of Bank Indonesia and the government. "Private consumption grew well along with maintained purchasing power and strong consumer confidence," BI Governor Perry Warjiyo said in the Announcement of the Results of the June 2024 BI Board of Governors Meeting here on Thursday. In addition, Perry said investment increased, both building and non-building investment, in line with the continuation of government infrastructure projects and improved private investment. Increased domestic demand in the second quarter of 2024 was reflected in the positive performance of a number of household consumption and investment indicators, such as the Consumer Confidence Index, Real Sales Index, and Manufacturing Purchasing Managers' Index (PMI). Furthermore, goods exports increased driven by an increase in mining and manufacturing exports to major trading partners, such as China and India. Services exports also improved on the back of economic recovery in the countries of origin of foreign tourists. (SOURCE)
Jun, 24 2024
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