Jakarta (ANTARA) \u2013 Indonesian Chamber of Commerce and Industry\n(Kadin) chairman Anindya Novyan Bakrie has stressed the importance of\nstrengthening business capabilities to meet a range of global\nchallenges, as the administration of President Prabowo Subianto marks\nits first two years in office.<\/p>\n
\u201cI think the most important thing is capacity-building for businesses\nso they are ready for the new normal economy, where the economy is\nchanging significantly because of geopolitics, climate change and the\nneed to integrate Indonesia into global supply chains,\u201d Anindya said\nafter the Kadin Geoeconomics Policy Dialogue in Jakarta on Monday.<\/p>\n
He also emphasised the importance of building the capacity of micro,\nsmall and medium-sized enterprises (MSMEs) to drive regional economic\ngrowth. Anindya noted that MSMEs account for 97 per cent of all\ncompanies in Indonesia, making it crucial to strengthen the sector\u2019s\ncapabilities.<\/p>\n
Anindya said these efforts would also be a focus of a revision to the\nKadin Law, which is expected to be completed in the near future. The\nrevision will prioritise advocacy with the government, business\ndevelopment and support for companies.<\/p>\n
On Monday (26 October), Kadin Indonesia held the Geoeconomics Policy\nDialogue as part of the programme for the 2026 Kadin National Leadership\nMeeting (Rapimnas).<\/p>\n
At the event, Asian Development Bank Institute (ADBI) dean and chief\nexecutive Bambang Brodjonegoro highlighted the importance of the private\nsector in helping Indonesia escape the middle-income trap.<\/p>\n
He cited Japan and South Korea, where the private sector has been the\nmain driver of the economy. China, by contrast, has adopted a model in\nwhich state-owned enterprises (SOEs) play a more dominant role, although\nthe private sector remains important.<\/p>\n
Meanwhile, INSEAD dean Francisco Veloso stressed the need to develop\nskills and leadership capabilities to prepare Indonesia to meet future\nchallenges and seize opportunities.<\/p>\n
He said 50 years of collaboration with Kadin offered an opportunity\nto assess the partnership to date and shape its future contribution to\nthe development of skills and leadership capabilities in Indonesia.<\/p>\n
Veloso also observed that the world was undergoing transformation,\nincluding through the development of artificial intelligence (AI), which\nis changing many aspects of life and the economy. This, he said, made\nthe development of skills suited to future needs increasingly\nimportant.<\/p>\n
INSEAD hopes its collaboration with Kadin will continue to support\nIndonesia in reaching the next level of development, in line with the\nIndonesia 2045 vision.<\/p>", "url": "https:\/\/jawawa.id\/newsitem\/kadin-calls-for-stronger-business-capabilities-to-meet-challenges-1793012016", "image": "" }, "sponsor": "Okusi Associates", "sponsor_url": "https:\/\/okusiassociates.com" }