TMRW 10am. Astro AWANI SELANGOR ECONOMIC FOCUS: SABDA The Sabak Bernam Development Area (SABDA) is an economic push by Selangor state under the First Selangor Plan to realise the full potential of Sabak Bernam, while securing Malaysia’s food production and raising incomes for the local community. The SABDA plan aims to attract investments up to RM1.9 billion to develop Selangor’s northern part, especially in the district, which amounts to roughly RM248 million a year until completion, according to Selangor Chief Minister, Datuk Seri Amirudin Shari. One year since SABDA’s launch, NIAGA SPOTLIGHT evaluates progress, challenges and the path forward with Zannifa Azura Ahmad, Head of Group Finance Division and Chief Financial Officer, Menteri Besar Selangor (Incorporated) . . . . . . #NiagaSpotlightWithTehminaKaoosji #501Awani #Selangor #SabakBernam #Economy #BlueEconomy #FoodSecurity #Employment #Malaysia
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To strengthen regional financial management, the Directorate General of Regional Financial Management of the Ministry of Finance has designated Nglanggeran Village in Gunung Kidul as the first financial village in Indonesia This village serves as a model village because it is deemed successful in managing funds provided by the government and has shown good performance. The village is a producer of quality chocolate, which has been exported to Switzerland, with a cocoa blend that is globally recognized and good tourism potential. This is intended to inspire other villages to strengthen regional economies #hlbindonesia #indonesianeconomic
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Selangor’s economy marked a new milestone by contributing 25.9% to Malaysia's GDP in 2023. We are proud to announce that Selangor has made history by becoming the first state to surpass RM400 billion in economic activity. Additionally, it recorded the highest economic growth in the country at 5.4%. Moving forward, Selangor Government will continue our relentless efforts to boost the economy, ensuring that everyone can share in the fruits of this economic growth! #Selangor #Malaysia #Economy
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Ibu Kota Nusantara ( IKN ) The new head capital of Indonesia ( IKN ), often mentioned in 2024 president of Indonesia election, a lot of opinion say that this project complicates the situation in Indonesia. Since 2019, president of Indonesia ( Mr. Jokowi ) is choosing Kalimantan as the new IKN and hopefully can become the heart of indonesian economy. Source : Ministry of PUPR PT. Miel Property International | Kementerian Pekerjaan Umum dan Perumahan Rakyat (PUPR) | LinkedIn #mielproperty #ptmielpropertyinternational #mielpropertyinternational #development #investment #ikn #ibukotanusantara #ibukota #headcapital #capital #capitalofindonesia #indonesia #investasi #investasiproperti
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Batam is known as one of the destinations for many investment opportunities in Indonesia. Sectors such as machinery, electronics, and residential food have caught the eyes of many European investors. Find out more about investment opportunities in Batam and follow us for other important information. #iipc #iipclondon #mandalika #batam #investasitumbuhindonesiamaju
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Curious about how Ramadan is celebrated in #Indonesia, the world's 4th most populous nation and the largest Muslim-majority country? Explore our Consumer Profiles, crafted from insights gathered in TGM Ramadan Report 2024 for a comprehensive understanding of the various customs, practices, and behaviors observed during Ramadan in Indonesia: https://lnkd.in/dVKRc2XG #TGMResearch #research #marketresearch #onlineresearch #Ramadan #Muslim #Iftar #Eid #Fasting
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Selangor Economic Development Corporation (“PKNS”) celebrated its 60th Anniversary on 8.8.24 in Shah Alam. Attended the event in my capacity as an independent director of Worldwide Holdings Berhad, a 100% subsidiary of PKNS. Selangor is the most industriallised state of Malaysia, and contributes 27% of the Malaysia’s GDP. Selangor continues to set an annual investment target of RM23B to RM35B. PKNS, as an agency of the Selangor State, has been instrumental in the economic development of Selangor for 60 years now; it was set up to promote socio-economic growth and just economic distribution in conformity with Government’s policies. As Selangor progresses and the modern economic models developed, PKNS also ventured into real estate and township development or integrated development in joint venture with other private developers. PKNS was also a shareholder of Kesas highway (a private highway concessionare) right from its inception until recently when it sold its shares to a Government-approved SPV entity. In the power sector, PKNS remains as the original owner/shareholder in the Kuala Langat Power Station (aka Genting Sanyen Power Station) since day one (held via Worldwide Holdings), and presently PKNS is also holding 75% ownership in 1200mw Pulau Indah Power Station, which is soon to be commissioned (held via Worldwide Holdings too). The talk of Pulau Carey being developed as a new port for Malaysia is also not detached from the possible involvement of PKNS! Kudos to PKNS and its leaders in succession, right from day one, for the continued development of the State of Selangor and its people. May PKNS continue to contribute to the economic prosperity of Selangor via its forward looking strategic approach in all of its economic and development endeavours. #PKNS #Selangor #Economicdevelopment
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🌍 Addressing Development Dualism: A Path Toward Inclusive Growth ⚖️✨ Development dualism remains one of the most significant challenges for developing countries like Indonesia. The gap between modern and traditional sectors not only hampers economic growth but also deepens social inequality. In my article, I discuss: ➡️ The Phenomenon of Development Dualism: Why traditional sectors often lag behind modern sectors in terms of productivity and resource access. ➡️ Inclusive Development Policies: The importance of policies that focus not just on economic growth but also on social and environmental sustainability. ➡️ Strategic Recommendations: Concrete steps to bridge the gap between these sectors and achieve more equitable development. Read my full article on Medium: Eksplorasi Kebijakan Pembangunan Inklusif dalam Mengatasi Masalah Dualisme Pembangunan di Indonesia #InclusiveDevelopment #DevelopmentDualism #EconomicDevelopment #PolicyRecommendations
Eksplorasi Kebijakan Pembangunan Inklusif dalam Mengatasi Masalah Dualisme Pembangunan di Indonesia
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Last month, we flew to Jakarta to attend the Koalisi Ekonomi Membumi (KEM) Annual Meeting! The meeting was held as a platform to ensure that every step and decision taken by the Coalition aligns with the vision, mission, and goals set together and proceeds democratically. The meeting discussed the establishment of KEM Organs/Members and Advisory Board, bylaws, annual reports, 2045 targets, and a work plan which, by the end of the day, was agreed upon by all members. Koalisi Ekonomi Membumi (KEM) is committed to expanding its impact and realizing commitments according to the three main principles of a people-oriented economy: 1. Fairness and equity from the local community for the local community; 2. Sustainability and local wisdom; 3. Environmental conservation. By 2026, KEM aims to raise at least USD 200 million for 100 committed regions with 100 targeted commodity supply chains. We are excited to see how these significant plans will be turned into reality! #KoalisiEkonomiMembumi #EkonomiMembumiCoalition #SustainableInvestment #GreenCoalition
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𝐃𝐫𝐢𝐯𝐢𝐧𝐠 𝐄𝐜𝐨𝐧𝐨𝐦𝐢𝐜 𝐆𝐫𝐨𝐰𝐭𝐡 𝐢𝐧 𝐊𝐚𝐥𝐢𝐦𝐚𝐧𝐭𝐚𝐧: 𝐓𝐡𝐞 𝐈𝐦𝐩𝐚𝐜𝐭 𝐨𝐟 𝐈𝐧𝐟𝐫𝐚𝐬𝐭𝐫𝐮𝐜𝐭𝐮𝐫𝐞 𝐃𝐞𝐯𝐞𝐥𝐨𝐩𝐦𝐞𝐧𝐭 Exciting news from Indonesia's Statistics Agency (BPS) reveals a significant economic surge in Kalimantan, particularly fueled by the development of the Nusantara Capital City (IKN). With a remarkable 5.43% growth rate, Kalimantan is witnessing a transformation, spearheaded by infrastructure projects like IKN. This growth isn't just a number; it's a testament to the region's potential and the collective effort driving its progress. At the heart of this economic boom lies East Kalimantan, experiencing an impressive 15.82% growth, largely attributed to the construction activities within IKN. The surge in Gross Fixed Capital Formation (PMTB) underscores the ripple effect of infrastructure development, catalyzing growth across various sectors. It's a testament to how strategic investments can unlock immense opportunities, propelling regions towards prosperity. While East Kalimantan shines brightly, other provinces in Kalimantan also play vital roles in the region's economic landscape. Despite facing challenges, each province contributes to the mosaic of growth, with mining, construction, and processing industries playing pivotal roles. Together, they weave a narrative of resilience and adaptability, showcasing Kalimantan's diverse economic fabric. However, amidst this impressive growth, it's crucial to recognize the broader economic context. Despite Kalimantan's strides, its contribution to the national GDP stands at 8.49%, underscoring the continued dominance of Java. This highlights the need for sustained efforts to bridge regional disparities and harness Kalimantan's full economic potential. As we celebrate Kalimantan's economic ascent, let's also reflect on the broader picture of Indonesia's economic landscape. From the bustling streets of Java to the vibrant markets of Sulawesi, each region paints a unique story of growth and opportunity. Together, we chart a course towards a more inclusive and prosperous Indonesia, where every island plays a significant role in shaping our collective future. #Kalimantan #EconomicGrowth #InfrastructureDevelopment #EastKalimantan #Investment #Infrastructure #Mining #Construction #Diversity #GDPContribution #RegionalDisparities #Sustainability #IndonesiaEconomy #InclusiveGrowth #Prosperity
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