President University (Indonesian: Universitas Presiden) is an international private university located in the Jababeka Industrial Estate, the largest industrial area in Southeast Asia. PresUniv was founded in 2001 by national entrepreneur Dr. (HC) SD Darmono, the founder of the Jababeka Group and Prof. Dr. Juwono Sudarsono, an academic who has held various ministerial positions such as Minister of Environment, Minister of Education and Culture to Minister of Defense. Several figures also contributed in formulating PresUniv to become an international university, such as legal expert Prof. Dr. Charles Himawan, SH, LLM, Ir. Admiral Sukardi (Minister of State for Investment and Empowerment of SOEs (1999-2001) and Minister of SOEs (2001-2004)), Drs. Utomo Josodirjo, who is known as the Father of Indonesian Accounting, entrepreneur Surjanto Sosrodjojo, and Prof. Donald Watts from the University of Notre Dame, Australia.As an international university, PresUniv provides lectures in English. In addition, some of PresUniv's lecturers are also foreign lecturers and about 10% of the students are also international students who come from various countries. This also makes PresUniv a private university with the most international students in Indonesia. The rest of the Indonesian students who study at PresUniv come from various provinces. The existence of foreign lecturers and students, including students from various provinces, bringing their respective traditions, culture and habits contribute to building the character of education at PresUniv that is open and tolerant.PresUniv's location in the Jababeka industrial area is also very supportive of an international climate. The industrial area is home to more than 1,750 national and international or multinational companies. These companies also become organic laboratories for PresUniv lecturers and students. Lecturers can do research, and students can do internships in these companies.Since 2018, PresUniv has been accredited A from the National Accreditation Board for Higher Education (BAN-PT) and at the same time became the 78th university in Indonesia to be accredited A, together with several other state universities. Currently, PresUniv has 17 undergraduate programs and 2 postgraduate programs. 50% of the study programs at PresUniv have also been accredited A, and the rest B.PresUniv, under the auspices of the President University Foundation (YPUP), is currently led by Prof. Dr. Ir. Chairy, SE, MM, as Rector. Meanwhile, YPUP is led by Prof. Dr. Ir. Budi Susilo Soepandji, DEA, an academic who has served as Governor of the National Resilience Institute (2011-2016).To support its lecture activities, PresUniv provides dormitories and apartments located not far from campus, namely President University Student Housing (PUSH), Elvis Tower apartments, and New Beverly Hills. In addition, PresUniv also provides bicycles and buses as means of transportation that students can access free of charge. Dr. Dr. Charles Himawan, SH, LLM, Ir. Admiral Sukardi (Minister of State for Investment and Empowerment of SOEs (1999-2001) and Minister of SOEs (2001-2004)), Drs..
This study aims to forecast the movement of the NASDAQ Composite Index using the Extreme Gradient Boosting (XGBoost) algorithm enhanced with feature engineering techniques. The research utilizes historical data from 2015 to 2024, incorporating technical indicators such as moving averages (MA20, MA50), lagged closing prices (Close–1, Close–3), and trading volume to capture both short-term and medium-term market dynamics. The methodological framework involves four stages: data collection, data preprocessing, model development, and performance evaluation. Hyperparameter tuning was conducted using grid search cross-validation to optimize model parameters. The model’s predictive accuracy was assessed using three statistical error metrics—Root Mean Squared Error (RMSE), Mean Absolute Error (MAE), and Mean Absolute Percentage Error (MAPE). The results indicate strong forecasting performance, with training RMSE = 91.16, MAE = 65.52, and MAPE = 0.76
Disputes in construction projects are complex issues involving technical, administrative, and legal aspects. F & eacute;d & eacute;ration Internationale des Ing & eacute;nieurs-Conseils (FIDIC) standard forms, as an international contract standard, are widely used in infrastructure projects in Indonesia. This study aims to identify the profile and pattern of disputes arising in the implementation of FIDIC-based construction contracts in Indonesia, as well as to analyze the effectiveness of the dispute resolution mechanism regulated in the standard. Using a normative-empirical legal approach, this study examines six Indonesian court decisions that adopted the FIDIC standard forms. The results of the analysis show that disputes generally revolve around changes in work, claims for bond disbursements, and unilateral contract termination. This study highlights the important role of the dispute board in resolving construction disputes. The results of this study are expected to provide practical and academic contributions to the development of construction contract law in Indonesia. Practical Applications: The results of this study have strategic significance in encouraging improvements in construction contract governance in Indonesia. By understanding the patterns of disputes that often arise and how their resolution is handled by the national legal system, stakeholders can be more careful in preparing contract documents, determining risk allocation, and choosing the right dispute resolution mechanism. This contributes directly to increasing legal certainty and efficiency in implementing infrastructure projects. Furthermore, the results of this study can also be a reference for policymakers in preparing guidelines or policies for harmonization between FIDIC standards and Indonesian civil law provisions. Amid the globalization of the construction sector, it is important for the national legal system to be able to adapt to international contract practices without ignoring the principles of applicable national law. This study seeks to bridge this need through real and relevant decision-based analysis.
Purpose: This study examines the factors influencing the sustainable performance of Micro, Small, and Medium Enterprises (MSMEs) by focusing on the interaction between social capital, human resource (HR) competence, financial inclusion, and financial literacy. Method: This study adopted quantitative research design, collected data from 207 MSME actors in Bekasi Regency through structured questionnaires, and evaluated the proposed conceptual model using Structural Equation Modeling (SEM) in SmartPLS 4.0. Result: The analysis reveals that social capital, HR competence, and financial inclusion significantly impact sustainable performance. Furthermore, the study demonstrates that financial inclusion positively affects the financial literacy of MSME owners. In addition, financial literacy was found to serve as an essential mediator, strengthening the relationship between financial inclusion and the sustainable performance of MSMEs. Practical Implications for Economic Growth and Development: This research contributes to economic development by providing insights into the mechanisms that can help MSMEs transition from subsistence-level operations to sustainable, export-ready entities. By aligning financial access with capacity-building initiatives, local economies can mitigate business failure rates, promote more inclusive wealth distribution, and enhance regional competitiveness in the global market. Originality/Value: This study adds financial literacy as a mediating variable between financial inclusion and sustainable performance. Additionally, it offers an exploration of how social capital and human capital contribute to fostering sustainable MSME performance.
Company XYZ, a toy manufacturing company, is pursuing a 40% reduction in manual material handling labor by 2030 through the implementation of autonomous mobile robots (AMRs). This study applies an integrated Analytical Hierarchy Process (AHP) and Multi-Objective Optimization on the Basis of Ratio Analysis (MOORA) approach to select the optimal AMR, supported by discrete-event simulation modeling in FlexSim to validate designs prior to investment. A cost-benefit analysis, including Benefit-Cost Ratio (BCR), Internal Rate of Return (IRR), and Payback Period, demonstrates the economic feasibility of the proposed solution. Simulation results suggest a configuration of three AMRs to meet cycle-time targets with a projected labor cost reduction of 47%. This work contributes a validated methodology for robot selection, system design, and investment decision-making in manufacturing environments.
Precast concrete is an alternative material that can be used in mass quantities and controlled quality for earthquake-resistant, fast-building houses. For the installation and transportation process, precast concrete must be lightweight and have a high initial compressive strength. One solution to these development needs is expanded clay structural lightweight concrete. The purpose of this research is to produce lightweight expanded clay structural concrete with a high initial compressive strength, a maximum specific gravity of 1750 kg/m3, a minimum initial compressive strength of 14 MPa at 1 day, and a minimum compressive strength of 20 MPa at 28 days. Indicators such as internal curing, steam curing, superplasticiser, and accelerator produce higher compressive strength. The results of this study indicate that structurally expanded clay lightweight concrete with steam curing could achieve an initial compressive strength of 16.23 MPa at 1 day. Using an accelerator to maximise the compressive strength of expanded clay lightweight concrete was effective at 10
