Industrial Sectors In Indonesia Research Articles

The Role of Investment Management Institutions in Carbon Trading in Industrial Areas in Indonesia

Life always evolves with the times, including the country. Indonesia is developing by shifting from an agrarian to an industrial sector that is growing rapidly. The existence and development of the industry are instrumental in economic growth in Indonesia, but as the industry develops, the greenhouse gas emissions produced by Indonesia are also increasing. Therefore, a solution is needed to lower greenhouse gas emissions, and one of the solutions is carbon trading. Besides reducing carbon gas emissions, carbon trading can also encourage the domestic carbon market through its buying and selling system, opening up investment opportunities. In relation to investment, since the inauguration of the Job Creation Law, there has been an institution specifically regulating investment, namely the Investment Management Institution, representing the central government with significant authority and privileges. This study aims to analyze how the regulation of carbon trading has changed after the inauguration of the Job Creation regulation as a law and the position of the Indonesia Investment Authority in carbon trading within the industrial sector in Indonesia.

ECONOMIC DEVELOPMENTS OF THE NEW ORDER PERIOD AND ITS INFLUENCE ON INDUSTRIALIZATION IN INDONESIA

The development of the New Order era, or what is usually called the New Order Era, is the term for the reign of General Soeharto, which replaced the Old Order, which refers to the era of Soekarno's reign. The New Order lasted from 1966 to 1998 and was marked by rapid economic development but also by practices of corruption, nepotism, and suppression of human rights. The New Order emerged as a result of the political and economic instability experienced by Indonesia during the Old Order. After the military coup that overthrew Sukarno's government, During the New Order era, there were several significant changes in the Indonesian economy. Political Stability. One aspect that was considered positive during the New Order period was the political stability that was created after a period of political and economic crisis at the end of Sukarno's reign, marked by transformation. significant economy, with a primary focus on industrial development as a pillar of economic growth. The policy of opening up to foreign investment became a characteristic of this era, influencing the structure of industrial ownership and having an impact on the industrialization process. This article discusses economic changes during the New Order era and their impact on the industrial sector in Indonesia. The New Order government pursued industrial infrastructure development, encouraged modernization, and prioritized export-oriented industrial sectors. Despite positive achievements, criticism of the unequal distribution of wealth and environmental impacts is highlighted. Dependence on foreign investment and foreign technology also creates its own challenges. In this context, this research outlines the economic dynamics and role of industrialization during the New Order period, highlighting its positive and negative consequences for industrial development in Indonesia.

The Impact Analysis of Bauxite Downstreaming on the Indonesian Economy: Case Study in PT Bintan Alumina Indonesia

This research analyzes the impact of investment and bauxite downstream activities by PT Bintan Alumina Indonesia (PT BAI) on the Indonesian economy using the input-output method applied to the Riau Islands Province, West Kalimantan Province and Indonesia. The imposition of stimulus on sectors related to the construction phase and operational phase of the alumina and aluminum industry in the Galang Batang SEZ is the concept that underlies how final demand in other sectors is affected. Economic improvement is characterized by increased output, GDRP, people's income, and the creation of job opportunities. During the construction phase of PT BAI (2016-2029), it generally had a positive impact on the increase in output, income, average GRDP, and average job creation in 52 industrial sectors in the Riau Islands Province. During the operational phase, calculated through three scenarios applied to the Riau Islands Province, West Kalimantan, and Indonesia, with the assumption of full downstreaming of PT BAI's products into the domestic market, shows the greatest impact. The impact includes the increase of Indonesia's output value until 2030 reaching IDR 547.07 trillion, an average annual GDP growth of 0.099 percent, a national income increases until 2030 reaching IDR 74.22 trillion, and an average job creation of 107,105 people per year in 52 industrial sectors in Indonesia. To achieve the optimal target of PT Bintan Alumina Indonesia's (BAI) presence in the domestic bauxite value chain, strengthening the downstream process and downstream industries of alumina and aluminum domestically is needed. Fiscal incentives, the establishment of pro-downstream regulations, and investor protection are crucial to implement.

Perbandingan Penggunaan 3 Jenis Pipa untuk Sistem Penyediaan Air (Kajian Kasus Kawasan Industri Terpadu Kabupaten Batang)

Batang Regency is one of the areas located on the north west coast of Central Java province. Batang Regency is located in a strategic position, this area is traversed by primary arterial roads that connect West Java and DKI Jakarta with cities in Central Java and East Java Provinces. Batang Regency is divided into 15 sub-districts consisting of 239 villages, 9 sub-districts, 936 hamlets, 3,680 neighborhood units (RT) and 1,009 community units (RW). The total area of Batang Regency is 78,864.16 Ha. The widest sub-district is Subah District, which is 83.52 Ha (10.59%), while the smallest is Warungasem District, which is 23.55 Ha (2.99%) of the total area of Batang Regency. The Central Government's program to encourage the sector to strengthen the industrial sector in Indonesia, namely one of the developments in the Batang industry. The Government provides supporting facilities in the development of the Batang Industrial area through APBN financing. The Batang Industrial Estate has around 4,300 hectares of land to develop, for the first phase it will develop a land area of 450 hectares. To support the supply of drinking water in this area, PERUMDA of Sendang Kamulyan Drinking Water, Batang Regency will supply drinking water which will take water from the raw water source of the Bangkangan spring at 100 liters/second and will be supplied to the Industrial Area at 80 l/s. For the analysis of the drinking water supply system in this industrial area, the Epanet 2.2 program will be used by comparing the hydraulic analysis of the use of HDPE, PVC and iron pipe types/materials, residual pressure and diameter as well as calculating the amount of investment based on the type of pipe material. The results of running Epanet 2.2 on HDPE, Iron and PVC pipes with remaining water pressure at the end of the pipe at the KITB Junction, the remaining pressure is more than 10 meters, meaning that the water has flowed with sufficient criteria in the service area. Based on the analysis taking into account efficiency, the selected pipe is HDPE with an investment value of Rp. 20,273,230,410. The recommendations given for SPAM KITB, can use HDPE pipes, apart from lower costs HDPE pipes have a better roughness coefficient than PVC pipes and iron pipes and can also minimize pipe leaks. Lessons from this study with Epanet Software can calculate water hydraulics in the piping system such as water velocity, the furthest remaining water pressure can be known quickly, can determine the type and specifications of pipes used for the study area and known cost efficiency based on the type of iron, PVC and HDPE pipes.

Pengaruh Influencer Janes Christina dan Kualitas Produk Kosmetik Somethinc terhadap Keputusan Pembelian pada Aplikasi Tiktok

Pengaruh Influencer Janes Christina dan Kualitas Produk Kosmetik Somethinc terhadap Keputusan Pembelian pada Aplikasi Tiktok

Degradation of Congo Red Dye in Wastewater using Ozonation Method with H2O2 Catalyst

The development of the industrial sector in Indonesia has increased very rapidly, especially in the textile industry. The increasing number of industries has an impact on the amount of industrial waste. Congo red dye is one of the dyes that are often used in the textile industry. Industrial dye waste needs to be processed so as not to damage the environment because the substances contained are harmful to the environment. One way that can be used to neutralize dye waste is ozone. Ozone can be used in many fields such as oxidation of inorganic/organic compounds and disinfection (or control of pathogens). H2O2 catalyst is used to accelerate the ozonation process. In this research the variables used were ozonation time (0.15,30,45,60 minutes), pH conditions (5,7,9) and the concentration of H2O2(0,2.5,5,7.5,10) % mass. Based on the research, it was found that the longer the ozonation time, the higher the pH value, and the more H2O2 used, the better the ozonation process results, namely the lower the concentration of dyes, COD, and BOD5 contained in the wastewater.

Investor sentiment based on search engine data for predicting stock returns in Indonesia industrial sector

This study aims to investigate investor sentiment and its effect on the industrial sector in Indonesia. In the study, investor sentiment was extracted from data obtained from search engines. Then the data were used to see how the sentiment affected the stock return in each listed industrial company. Fifteen industrial sector companies listed on the stock exchange were selected; each was analyzed for their search volume and the effect on stock returns using panel data regression from March 2020 to April 2022. The result shows that investor sentiment affects the level of stock returns in the industrial sector in Indonesia. This result indicates that with the increase in search volume on search engines, which reflects positive sentiment, there will be an increase in stock trading transactions and vice versa. This study's findings will help investors make investment decisions, especially in the industrial sector.

Analysis of Factors Influencing Employee Performance in Palm Oil Harvesting at PT. Semadam

The palm oil industry has created business potential. Palm oil agribusiness is one of the industrial sectors in Indonesia that possesses a competitive advantage in the global market. The development of the palm oil industry in Indonesia has been carried out with a focus on achieving a balance among social, financial, and environmental aspects. The attention of oil palm plantation employees is crucial for increasing productivity. This research aims to analyze the influence of the harvest premium variables: length of service, age, education level, number of dependents, grants, and geology on the work implementation of oil palm harvesting workers at PT Semadam. This research was conducted in June 2022 at PT. Semadam, Aceh Tamiang. In this research, the survey method was employed. The number of samples was calculated using the Slovin Formula with an error rate of 10% or 0.1. This calculation obtained a sample size of 40 respondents from a population of 45 people. The research results indicate a collective influence of independent factors (premium collection, work involvement, age, education level, number of dependents, aid funds, and geographical location) on the dependent variable (work implementation). However, premium collection, education level, and geography significantly influence worker performance, while work involvement, age, work involvement, and grants do not substantially impact worker performance. The coefficient of determination, 0.825, indicates that the independent variables explain 82.5% of the variance in the dependent variable, while other factors influence 17.5%.

Pengaruh Organisasi Industri Dan Struktur Perilaku Kinerja Industri Sekarang Ini

This research aims to increase knowledge and insight in the field of industrial economics, both in terms of concept, application and development of industrial economics in Indonesia. In order to increase knowledge and insight specifically in the field of industrial organization and business competition, both in terms of concept and implementation. Determine estimates and predictions and what is most likely regarding the company's condition and performance in the future. The research method uses qualitative methods and library research. The data collection technique is to record important information in carrying out data analysis by means of data reduction, data display and drawing conclusions to obtain conclusions. The results of this research show several developments in the industrial sector in Indonesia. The industrial sector is the largest contributor to Indonesia's GDP, especially the manufacturing sector which contributes around 73% of Indonesia's total industrial production. However, the industrial sector in Indonesia is still hampered by several factors, such as poor infrastructure and limited human resources..

Evaluasi Emergent Strategy Bisnis PLTS Atap PT X sehubungan dengan Ketidakpastian Strategis Permintaan Pasar

PT X is one of the developers of rooftop solar photovoltaic (PV) power plants in the commercial and industrial sectors in Indonesia. Over time, there has been a strategic uncertainty of market demand since 2022, mainly affected by the strong bargaining position of Wilayah Usaha's state-owned enterprise (Wilus SOE). Wilus SOE plays a significant role, is given priority in the provision of electricity for the public interest as stipulated in the regulation, and also has a dominant share (95 percent in 2020), making it a de facto monopoly in the electricity business in Indonesia. Wilus SOE has legitimacy as a power distributor and therefore has the authority to approve the capacity of rooftop solar PV power plants. Referring to this situation, this research aims to identify the intended strategy of PT X and the emergent strategy in dealing with the strategic uncertainty of market demand. PESTEL analysis (political, economic, sociocultural, technological, environmental, legal) and five-forces framework (competitive rivalry, new entrants, substitute products, suppliers, customers), as well as emergent strategy evaluation, were used as the framework of this research. To strengthen the analysis results, in-depth interviews were also conducted with the management team of PT X. Based on the series of analyses, it can be concluded that PT X's business is strongly influenced by legal factors while the competitive rivalry and customers' factor have very strong forces. On the other hand, PT X has implemented an emergent strategy well in dealing with the strategic uncertainty of market demand, as an effort to maintain the company's profitability. This research is expected to provide benefits for PT X and other rooftop solar PV power plant developers to understand the emergent strategy in order to remain competitive in its business implementation.

Analisis Kinerja Keuangan Perusahaan Sektor Consumer Cyclicals dan Sektor Transportation & Logistic sebelum dan saat Pandemi Covid-19

The COVID-19 pandemic has had a significant impact on the business activities of all industrial sectors in Indonesia. One of the sectors affected is the transportation & logistics sector, which experienced a 30% decrease in turnover compared to before the pandemic, as well as the consumer cyclicals sector. This study analyzes the financial performance of consumer cyclicals sector and transportation & logistics sector before and during the pandemic in 2018-2021. The sampling technique used was purposive sampling. The data analysis methods used are paired sample t-test and Wilcoxon signed rank test, which previously carried out a normality test. The results of this study indicate that for the consumer cyclical sector, financial performance as measured by current ratio, quick ratio, debt to asset ratio, and debt to equity ratio does not have a significant difference between before and during the COVID-19 pandemic, while net profit margin, return on assets, total asset turnover and working capital turnover have a significant difference between before and during the pandemic. For companies engaged in the transportation & logistics sector, debt to equity ratio and working capital turnover do not have significant differences between before and during the pandemic, while the current ratio, quick ratio, net profit margin, return on assets, debt to asset ratio, and total asset turnover have significant differences between before and during the covid-19 pandemic. The findings conclude that the transportation & logistics sector experienced higher changes in liquidity-related financial performance compared to the consumer cyclicals sector, while the consumer cyclicals sector experienced significant changes in profit performance before and during the pandemic.

Study of the Effect GMAW and SMAW Welding Combination with WAAM Method

The development of technology and science is multiplying, so it affects the industrial sector in Indonesia, namely the industry that manufactures machine elements, especially in the automotive sector, which commonly uses metal as raw material. The manufacturing sector's production in the automotive industry tends to increase annually. The need for metal as raw material is constantly increasing. The WAAM welding method be utilized as one of the innovations in the industrial world that potentially reduces the use of raw metal materials by replacing them with the results of the WAAM process. In this study, a combination of GMAW and SMAW welding using the WAAM method was carried out by adding material in layers and switching between the two types of welding. The welding process is carried out by varying the current (high, medium, and low). Then, a tensile test was carried out to determine the mechanical properties of the combination results. Based on the tensile test results, it is known that the high current variation gives the best results, the increasing current lead to an enhancement of the mechanical properties. Finally, using high currents will give the best result for application in the engineering and automotive sector.

Pengaruh Influencer Janes Christina dan Kualitas Produk Kosmetik Somethinc terhadap Keputusan Pembelian pada Aplikasi Tiktok

The growth of the industrial sector in Indonesia is currently still a pillar of the country's economy, one of which is the cosmetics industry. Interest in seeking beauty in Karawang Regency has fluctuated. The purpose of this research is to examine the influence of the role of influencers and product quality in influencing the decision to buy cosmetics Something on TikTok. This study uses a quantitative method with the Partial Least Square-Structural Equal Model (PLS-SEM) approach. The population of this research is women belonging to Generation Z who follow Janes Christina's tiktok account and have used Somethinc cosmetic products for as many as 128 people and a sample of 100 people. Data collection uses a questionnaire via Google form and the analysis tool uses SmartPLS 3.0 software to test the proposed hypothesis. Based on the results of the study, researchers found that influencers and product quality had a positive and significant effect on purchasing decisions.
 Keywords: Author Guidelines; Influencer, Product Quality, Purchase Decision

Influence of Safety Climate on Safety Performance in Gas Stations in Indonesia

Accidents in gas stations may cause injury or even death to people. Moreover, an accident in a gas station might halt its operation for some time. When an accident takes place in a region with scant amount of gas stations, it may lead to fuel scarcity in the area, affecting the economy and sparking other issues. Therefore, safety climate and safety performance in gas stations need to be evaluated. Safety climate has been used as a tool to assess the safety performance of an organization at a given time. The aim of this study was to understand the influence of safety climate on safety performance in gas stations in Indonesia. A total of 129 gas stations were selected. To assess safety climate, a safety climate questionnaire was used, while the safety performance was captured by conducting on site structured observations. The assessment shows that gas stations have a good level of safety climate, especially when it is compared with other industrial sectors in Indonesia, such as construction. The study findings also show that safety climate has a significant positive impact on safety performance. Three safety climate dimensions with significant positive influence on safety performance are management commitment, communication, and personal accountability. Therefore, improvement efforts should focus more on these dimensions to boost safety performance in gas stations.

Sinergitas akselerasi lembaga Badan Penyelenggara Jaminan Produk Halal Dan Lembaga Pemeriksa Halal dalam implementasi sertifikasi halal industri di Indonesia

This research discusses Indonesia with its majority Muslim population, which has resulted in a high demand for halal products. The aim of this study is to answer questions about the formulation of BPJPH and LPH in implementing halal certification for the industry in Indonesia. As a predominantly Muslim country, Indonesia needs to ensure the legality of halal products circulating or entering the country. This research utilizes a qualitative descriptive research method as it describes information based on facts or actual events obtained directly from the field, using literature study as the data collection technique. The research findings indicate that the procedures for determining halal certification in the industrial sector in Indonesia are carried out by the BPJPH and LPH institutions. The government, through legislation, has regulated the assurance of halal products in Indonesia. The halal quality of products can be determined by implementing halal certification, which starts from the determination of ingredients, production processes, and the final product.

Financial Distress, CEO Overconfidence dan Tax Avoidance

This study aims to analyze the impact of financial distress and CEO Overconfidence on tax avoidance. The worse a company's financial difficulties, the more likely the company is to engage in tax evasion. CEOs who are overly confident tend to take tax evasion actions. The population in this study are Indonesian companies listed on the IDX from all industrial sectors. This research was conducted in all industrial sectors in Indonesia with a total sample of 353 non-financial companies and included the conditions of the pandemic (Covid-19) used as a moderating variable. Data analysis was performed using multiple linear regression panel data and panel data regression moderation. The results showed that financial distress had a positive and significant effect on corporate tax avoidance, while CEO overconfidence had no effect on corporate tax avoidance. The more the company is in a dangerous condition of capital adequacy, the greater the level of tax evasion committed by the company. This research is useful for identifying risks and conducting tighter supervision of tax avoidance actions.
 Keywords: Financial Distress; CEO Overconfidence; Tax Avoidance; Effective Tax Rate (ETR)

Pengaruh Jumlah Industri Jumlah Penduduk dan Output Terhadap Penyerapan Tenaga Kerja Sektor Industri Kecil di Indonesia

This study aims to determine and analyze how the influence of the number of industries, the population and also the output value on the absorption of labor in the small industrial sector in Indonesia. This study uses secondary data sourced from data obtained from official institutions and related institutions or data that has been managed by a second party and published by relevant institutions in this study, such as BPS, Department of Industry, trade, and so onresearch variables are grouped into two parts, namely first, the independent variable in the form of the number of industries, the number of industries and the value of output. Second, the dependent variable in the form of employment. This study uses panel data regression analysis using the Random Effect Model (REM) method with a cross section of the number of industries, population, output values for the 2015-2020 period. The results of the study show that the number of industries and the number of residents have a positive and significant effect on the absorption of labor in the small industrial sector in Indonesia. while the output value also has a positive but not significant effect on employment in the small industrial sector in Indonesia.

Improving Entrepreneurial Satisfaction Through Creativity and Intellectual Agility-Resonance: Evidence from Indonesia

Entrepreneurship is a personality attribute that enables a person to discover resources passionately through a combination of new strategies to generate significant market value. Therefore, this research aims to examine the importance of the intellectual agility-resonance of businesses in all industrial sectors in Indonesia. Quantitative data were collected from 303 small and medium-sized micro-enterprises and analyzed using SEM-PLS line analysis. The result showed that the intellectual agility-resonance of entrepreneurial creativity increases satisfaction. Furthermore, empirical research on aspects like psychological well-being, financial optimism, job risks, and outcomes show what can be achieved through intellectual agility-resonance. Theoretically, entrepreneurial creativity is an intellectuality that comes from the dimension of the source of competitive excellence.

OXALIC ACID PRODUCTION OF BANANA PEEL (Musa textilia) THROUGH OPTIMUM TEMPERATURE AND TIME with ALKALINE METHOD


 The chemical compound has the formula H2C2O4 is oxalic acid. Every year especially, the industrial sector in Indonesia requires oxalic acid made, which increases annually. Oxalic acid is valuable because it may be used to clean (rust remover), make colors, protect metals from corrosives, and other things. Alkaline melting is one way for creating oxalic acid from cellulose-containing materials. Other methods include hydrolysis, CaCl2 precipitation, and acidification using H2SO4. In Indonesia, cellulose-containing materials are widely available. Banana peels are one of the substances that contain cellulose. In addition to identifying the properties of oxalic acid produced using the alkaline smelting process, this study attempts to find the best temperature and duration for producing oxalic acid from discarded banana peels. The ideal conditions include a temperature of 60°C, a period of 60 minutes, and a yield of 5.42%. Oxalic acid from banana peel waste has the properties of having a melting point, hydroxyl, C=C, C-O, and C-H group absorption at a wave number of 104.6 oC, 3422.06 cm-1, 1682.48 cm-1, 1103.42 cm-1, and 666.36 cm-1 respectively. Based on the strain vibration results from the FTIR test and melting point test.

Faktor Pendukung PT Rayon Utama Makmur dalam Penghentian Proses Produksi Berdasarkan UU No. 11 Tahun 2020 tentang Cipta Kerja

The development of the industrial sector in Indonesia not only has a positive impact but also has a negative impact, especially in terms of environmental pollution. Environmental pollution that occurs can disturb and unsettle the community. The waste produced by PT Rayon Utama Makmur creates a pungent odor that is disturbing and disturbing the comfort of the community, especially those located behind the PT Rayon Utama Makmur factory. The standard criteria for environmental damage have been regulated in laws and regulations. Based on Law Number 11 of 2020 concerning Job Creation, the matter regarding PT Rayon Utama Makmur has been transferred to the Ministry of Environment and Forestry of the Republic of Indonesia so that the Sukoharjo Regency Environmental Service no longer has further authority regarding the continuation of this case. This study aims to analyze the factors that influenced PT Rayon Utama Makmur to finally decide to stop its production process and what PT Rayon Utama Makmur should do to be able to correct its mistakes. In this study, the authors used a normative empirical research method, which is a research method that combines elements of normative law supported by material data or empirical elements. Furthermore, good will and effort from PT Rayon Utama Makmur are needed to improve the production process and waste disposal process, because the relationship between PT Rayon Utama Makmur and local residents has deteriorated. The Central Government and Regional Governments also need to work together to review the way PT Rayon Utama Makmur treats the remaining production waste.