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1 February 2023

Pursue Belief: Education Investment Must Empower Students’ Potential

Jakarta – Education investment should focus more on building a flexible learning system that empowers students’ potential, Tuesday (31/1/2023).

It’s crucial when technology is evolving faster than education services. This is a concern for Commission X of the House of Representatives of the Republic of Indonesia, because education investment is currently considered to be more spent on financing physical development.

This statement was made by Deputy Chairman of Commission X DPR RI Dede Yusuf at the General Hearing Meeting (RDPU) of Commission X DPR RI with representatives of the Foundation/Company for Vocational Higher Education at the Nusantara I Building, Senayan, Jakarta, Tuesday (1/31/2022).

Based on the information he received, 70 percent of undergraduate graduates were unable to adapt to the industrial world.

“We asked the Indonesian Chamber of Commerce and Industry (Kadin) and HIPMI (Indonesian Young Entrepreneurs Association) as managers of the business world, they said that almost 70 percent of the undergraduate graduates were unable to accept the tasks given by the business world and the industrial world,” said Dede, his familiar greeting.

“Don’t let AI (Artificial Intelligence) take over our education world,” Dede further said.

On the other hand, the Democratic Party Faction Politician wants the education world in Indonesia to be able to catch up on increasingly dynamic technological changes.

Therefore, in the future, the existence of products in Indonesian universities can adjust to the needs of the business world as well as the industrial world.

“Don’t let us open a production or anything, the endings are students only get a bachelor’s degree but can’t work.

So, actually the biggest investment is not spent on the physicality of the building except for vocations because it requires a practical laboratory,” concluded the legislator of West Java Election Region II.

1 February 2023

The Coordinating Minister for Economy Says the Rubber Industry Increases Domestic Industry Investment and Progress of Domestic Industries

Karawang, tvOnenews.com – The Indonesian government made a Domestic Product Level (TKDN) policy through the Domestic Product Use Improvement (P3DN) campaign in support of the advancement of domestic industry and investment.

In this regard, the industry most believed to contribute greatly to the national economy is the rubber industry.

The contribution made to the growth of national GDP amounted to Rp69.07 trillion in 2021.

Even the rubber industry, especially in the rubber industry, rubber goods, and plastic, can record growth of 1.08% compared to the previous year of IDR 68.34 trillion.

Meanwhile, the export value from January to September 2022 reached USD 5124.9 million.

Coordinating Minister for Economy Airlangga Hartarto inaugurated the Lead Rubber Bearing (LRB), Bearing, Expansion Joint and Insulator Seismic Test Facility owned by PT Magdatama Multi Industry (MMI), in Karawang, West Java, on Monday (31/23/2020).

“This factory has a large capacity and this meets the needs of Mr. Basuki (Minister of PUPR) for road and bridge bearings. The raw materials are also almost all local property, both steel and rubber, and the resulting products also meet SNI,” he explained.

“Of course this is very needed, and it is in accordance with Mr. President’s direction that in development using domestic products,” he continued.

For your information, this company produces Magda LRB which has met high TKDN requirements to reach 78.75%, while another type of bearing, Magda Pot Bearing, has TKDN reached 57.71%.

Airlangga said, in the midst of an earthquake natural disaster, this bearing plant is considered important in strengthening development in Indonesia.

“In the middle of Indonesia which is prone to earthquakes, this bearing factory is important, and I talked to the Minister of Public Works and Public Works that this must be prepared not only for bridges and toll roads, but also for buildings,” he concluded.

In some countries the use of this LRB is mandatory because it can withstand up to 8 magnitudes of earthquakes.

If this is also required in Jakarta or some in Java, of course it will make the building flexible against disasters.

30 January 2023

GoTo Introduce Nusantara Coffee at Davos

JAKARTA, Investor.id – GoTo, Indonesia’s largest digital ecosystem that houses Gojek, Tokopedia and GoTo Financial (GTF), also enlivened the Indonesian Pavilion (Indonesia Pavilion) which was held in conjunction with the 2023 World Economic Forum (WEF) event in Davos, Switzerland. This year, GoTo brought in one of its business partners, Space Roastery.

This coffee brand from Yogyakarta was chosen for their persistence in building a business and facing difficult times during the pandemic by utilizing digital business solutions from the GoTo ecosystem. The participation of GoTo’s business partners in the Indonesian Pavilion is GoTo’s commitment to empowering and encouraging MSME capabilities.

This momentum is also GoTo’s real action to support the Indonesian government’s agenda at the global level in encouraging downstream industry and sustainable investment for investment equity to the regions, one of which is by increasing collaboration between foreign investors and domestic companies, especially for Indonesian MSMEs.

Since the beginning of doing business, Space Roastery has utilized the Tokopedia marketplace platform to sell online. Space Roastery also utilizes GoFood services to expand its market reach, as well as using various other business solutions within the GoTo ecosystem, such as GoBiz, MOKA, and Midtrans, for efficient business operations.

“We are very grateful to GoTo for providing an extraordinary opportunity for Space Roastery to be able to appear and introduce Indonesian-flavored coffee to the WEF 2023 international delegation at the Indonesian Pavilion,” said William Christiansen, owner of the Space Roastery business and representative of GoTo Business Partners.

While at the Indonesian Pavilion on January 16-20 2023, Space Roastery serves a variety of Indonesian specialty coffees such as Halu Pink Banana from West Java, Fine Robusta from Temanggung, Central Java, The Forbidden Fruit from West Java and Mount Prau. This coffee shop, which was founded in 2016, also serves one of its flagship menus, Kopi Gula Kelapa. The Minister of Investment/Head of the Investment Coordinating Board (BKPM) Bahlil Lahadalia and the Indonesian Ambassador to Switzerland and Lichtenstein Muliaman Hadad also had the chance to sample their signature menu, Gayo Apple Cider, which is served as drip coffee.

William added, digital business solutions within the GoTo ecosystem are able to have a positive impact on business. He even managed to record a sales increase of up to 143 percent in 2021 compared to the previous year despite being hit by a pandemic.

“In addition, Space Roastery is also able to absorb the workforce by empowering around 60 employees and on average every month in 2022 we will be able to sell 1 million cups of coffee,” added William.

The digital business solutions presented by Go To are a consistent form of commitment to overcoming challenges and creating sustainable growth for more than 15.1 million business partners in the GoTo ecosystem.

To maximize the social impact created, GoTo also provides a variety of education and training through the GoTo Business Partner website and inclusive communities such as the GoFood Partner Community (KOMPAG), the Tokopedia Family, the Tokopedia Seller Education Center, the GoTo Financial Retail Community (KONTAG) and A Cup of MOKA. . All technological and non-technological solutions can be utilized by GoTo ecosystem business partners online and without any additional costs.

30 January 2023

Denmark Wants to Be the Top 5 Highest Investment Countries in West Java

JAKARTA, Investor.id – Danish Ambassador Lars Bo Larsen said, from an investment standpoint, he hoped Denmark could become one of the “Top 5” or five countries with the highest investment in the West Java region. This was conveyed by the Danish Ambassador to Indonesia Lars Bo Larsen when received by Deputy Governor of West Java Uu Ruzhanul Ulum at the Mason Pine Hotel, West Bandung Regency, Friday (27/1/2023).

Larsen also revealed that he had visited several cities/regencies in West Java for a joint visit, one of which was to Sumedang.

He recounted one of the collaborations with the West Java Provincial Government in 2022 when conducting a diabetes screening. He hopes that this kind of collaboration with big achievements can be sustainable. “West Java is collaborating with Denmark and the mapping has been done, we have chosen West Java for the pilot project of sustainable development,” said Larsen as quoted by the West Java Provincial Government’s official website, Saturday (28/1/2023).

A number of maps have also been designed, starting from issues of new and renewable energy, long-term industrial cooperation, health programs, and other programs that support accelerated development in West Java.

“We want to continue this collaboration to the next level,” said Larsen.

Meanwhile Deputy Governor Uu Ruzhanul said that the collaboration programs with Denmark, both those that have been, are being held, and will be taking place, are very meaningful for the West Java Provincial Government, which is also an encouragement for the West Java Provincial Government to serve the community with excellence.

Uu said, the core of cooperation must at least encourage acceleration in three development sectors, namely the economy, education, and health. “Denmark is one of the countries that has collaborated a lot with West Java,” said Uu.

In fact, one of the West Java-Denmark collaboration programs has succeeded in winning a MURI record titled the Affordability Project. The Affordability Project is a health check program for blood sugar and risk factors for non-communicable diseases, including diabetes in remote areas in West Java in 2022 which will reach up to 11,000 people.

Apart from that, other programs that continue to be finalized, namely the construction of a Wastewater Treatment Plant (WWTP) and water recovery (waste water treatment) in the Cilamaya Watershed, Karawang Regency.

Not only that, there is also a program to build wind power plants (PLTB) or large-scale wind power in South Garut by collaborating with a Danish company.

It is planned that the PLTB will be built in three sub-districts, namely Pameungpeuk, Cibolang and Cisompet.

“This program is implemented so that West Java’s electricity needs are met with wind power,” said Uu Ruzhanul.

“In West Java there are many universities, the investment is large, but poverty is also unavoidable. Therefore, today the Danish Embassy brought in experts in the field of health technology and human resources to help us carry out the wheels of government, especially in improving the welfare of the people of West Java,” said Uu.

He hopes that all programs that are collaborated with can run well and have a domino effect for the welfare of the people of West Java.

27 January 2023

West Java, Province of the Largest Investment Recipient in 2022

The Ministry of Investment or the Investment Coordinating Board (BKPM) noted that investment realization in Indonesia throughout 2022 reached IDR 1,207.2 trillion, an increase of 34% compared to the previous year (year-on-year/yoy).

West Java is the province that has absorbed the largest investment throughout 2022, reaching IDR 174.6 trillion or 14.46% of the total realized national investment.

DKI Jakarta ranks second with realized investment of IDR 143 trillion, followed by Central Sulawesi IDR 111.2 trillion, East Java IDR 110.3 trillion, and Riau IDR 82.5 trillion.

Meanwhile, the value of foreign investment (PMA) in Indonesia in 2022 will grow 44.2% (yoy) to IDR 654.4 trillion, contributing 54.2% to the total realization of national investment.

The province that absorbed the largest foreign investment was Central Sulawesi, with a proportion of 16.4% of total FDI realization. Next are West Java (14.3%), North Maluku (9.8%), DKI Jakarta (8.2%), and Banten (7.5%).

Then the value of Domestic Investment (PMDN)  grew 23.6% (yoy) to Rp 552.8 trillion, contributing 23.6% to the total realization of national investment.

DKI Jakarta is the province that absorbs the most domestic investment with a contribution of 16.1% of the total PMDN realization. Followed by West Java (14.6%), East Java (11.8%), Riau (7.8%), and East Kalimantan (7.2%).

26 January 2023

Investment in West Java is the Highest in History

Jakarta, InfoPublik – The Governor of West Java (West Java) Ridwan Kamil stated that even though the COVID-19 pandemic has slowed down the global economy, including in Indonesia, West Java Province is still in demand by investors to invest their capital. In fact, investment in West Java at the end of 2022 was recorded as the highest in history.

“The latest data on investment in West Java is the highest in history. In fact, we had predicted that investment would fall. Investment in West Java was the highest in history. What we predict is that at the end of 2022 West Java investment will reach IDR 174 trillion,” said Ridwan at the Coordination Meeting National Transitional Handling of COVID-19 and National Economic Recovery in Jakarta, Thursday (26/1/2023).

Ridwan also admitted that he was confused because many investors chose West Java as an investment destination. Yet according to him the global economy is slowing down. “So I’m a bit confused, the world should be slow down but it turns out that even though it’s COVID-19, investors are happy to go to West Java,” he said.

Ridwan Kamil also noted that West Java’s economic growth in the last quarter reached 5.7 percent, while inflation was 6.02 percent. The unemployment rate in West Java has also fallen. According to him, this cannot be separated from the growth of investment. Even the reduction in the poverty rate in West Java is one of the best in Indonesia.

“Even the decline in poverty in Indonesia, the most in 2022 will be in the province of West Java. This shows that today’s economy is almost on par with pre-COVID-19. There are even anomalies. What we should expect is that investment will decrease, instead it will increase rapidly,” he concluded.