Jakarta, CNBC Indonesia \u2013 The Indonesian Chamber of Commerce and\nIndustry (Kadin) is preparing three recommendations to strengthen\nbusiness resilience amid global economic uncertainty. The priorities are\nbuilding buffers to withstand crises, ensuring the availability of raw\nmaterials for domestic production, and providing greater certainty for\nbusinesses.<\/p>\n
Kadin chairman Anindya Novyan Bakrie said global economic challenges\nrequired Indonesia to strengthen its economic fundamentals and improve\ncompetitiveness. These issues were among those discussed at Kadin\u2019s 2026\nNational Leadership Meeting (Rapimnas).<\/p>\n
Anindya said the three recommendations would provide a framework for\ndiscussions at the meeting and help determine Kadin\u2019s future\ndirection.<\/p>\n
\u201cThey will be discussed, but broadly the framework for Kadin\u2019s\nRapimnas includes three recommendations. The details will, of course, be\ndiscussed further. First, how we can build buffers to face a crisis,\u201d\nAnindya said at the opening of the 2026 meeting on Thursday (29 October\n2026).<\/p>\n
\u201cSecond, we need raw materials for domestic production. Third, we\nneed certainty for businesses so Indonesia can compete globally,\u201d he\nadded.<\/p>\n
Anindya said strengthening economic resilience was vital amid global\nuncertainty. He cited countries preparing emergency reserves for crises,\nincluding energy supplies, and making plans for disaster\npreparedness.<\/p>\n
\u201cFirst of all, perhaps we are already aware that the world is\nbuilding emergency reserves. And these are not small countries. The\nUnited States says it has 90 days\u2019 worth of fuel reserves. The UK has\nasked people to be self-sufficient for 72 hours and prepared for three\ndays of disaster, with every household keeping supplies. This is the\nsituation we face today,\u201d he said.<\/p>\n
In these circumstances, Anindya said Indonesia needed to strengthen\nfood, water and energy security as part of efforts to safeguard national\nsovereignty.<\/p>\n
\u201cAt the same time, Indonesia is also building resilience in food,\nwater and energy amid this uncertain world. We understand that\nresilience in food, water and energy is part of Indonesia\u2019s\nsovereignty,\u201d he said.<\/p>\n
Anindya acknowledged that pressure on capital and financial markets\nneeded to be monitored, but said it should be considered alongside\nindicators of Indonesia\u2019s economic fundamentals.<\/p>\n
He said several indicators pointed to the economy\u2019s resilience,\nincluding foreign investment, listed companies\u2019 net profits, foreign\nexchange reserves and credit growth.<\/p>\n
\u201cWe see that foreign investment under Minister Rosan is Rp270\ntrillion, listed companies\u2019 net profits\u2014unlike during the crisis\u2014are up\n16%, and foreign exchange reserves stand at US$146 billion. Year-on-year\ncredit growth is, of course, 13.3%,\u201d Anindya said.<\/p>\n
He nevertheless stressed that strengthening fundamentals alone was\nnot enough. Indonesia also needed to improve its competitiveness to take\nadvantage of opportunities arising from changes in the global\neconomy.<\/p>\n
In addition to the three recommendations, Kadin will establish eight\nworking groups to oversee the implementation of its programmes. Anindya\nsaid progress would be reviewed regularly so that the organisation\u2019s\nagenda did not remain confined to discussion at its annual forum.<\/p>\n
\u201cTo support all this, at the end of my speech we launched eight\nworking groups. They are intended to ensure that we do not just discuss\nthese programmes once a year; we will monitor progress every three\nmonths,\u201d he said.<\/p>", "url": "https:\/\/jawawa.id\/newsitem\/business-leaders-develop-plans-to-tackle-uncertainty-and-build-crisis-buffers-1793274666", "image": "" }, "sponsor": "Okusi Associates", "sponsor_url": "https:\/\/okusiassociates.com" }