Indonesian Political, Business & Finance News

Chamber of Commerce Urges Businesses to Prepare for Middle East Conflict Impact

| | Source: REPUBLIKA Translated from Indonesian | Economy
Chamber of Commerce Urges Businesses to Prepare for Middle East Conflict Impact
Image: REPUBLIKA

Jakarta — The Chairman of Indonesia’s Chamber of Commerce and Industry (Kadin), Anindya Novyan Bakrie, stated that the business community must strengthen national economic resilience amid rising global geopolitical tensions, particularly the conflict in the Middle East. Anin conveyed that Kadin is implementing guidance from President Prabowo Subianto regarding the global geopolitical situation and its potential impact on Indonesia’s economy.

“We note that the war in the Middle East could last longer than our initial predictions. So whether it is 4-5 weeks or something we need to anticipate,” Anin said on the official Kadin Indonesia website on Monday (9 March 2026).

In this situation, Anin emphasised the importance of three main aspects that must be maintained: energy security, food security, and national stability. He stated that the government has held meetings to analyse fuel and liquefied petroleum gas (LPG) and liquefied natural gas (LNG) pricing that directly reaches the public.

Beyond energy, Anin views food security as a strategic issue amid global dynamics. He conveyed that stability is a key factor before the economy can refocus on growth.

From the business sector’s perspective, Anin believes there are several strategic measures necessary to safeguard national economic resilience. One of these is strengthening the domestic market.

“So first, we see much commotion occurring in society and in the business world. But what is most important is how the business world can do three things. The first is how the business world can continue to increase market strength,” Anin said.

Anin cited the Free Nutritious Meals programme (MBG) as being able to provide a positive impact in creating new markets through government policy intervention. Additionally, the business world must also strengthen supply chains to be more resilient in facing global pressures.

“The next task is how to create a more resilient supply chain so that we can maintain the price of supply materials,” Anin stated.

Regarding this, Kadin is preparing a study on the economic impact of the MBG programme called MBGnomics. Anin conveyed that food security has become increasingly important in the current global conditions. Anin also highlighted the importance of maintaining the sustainability of Indonesia’s export of leading commodities.

Kadin will again hold the Jakarta Food Security Summit (JFSS) in May or June. Anin said Kadin also pays attention to the continuity of member businesses, including micro, small and medium enterprises (MSMEs) and entrepreneurs in the regions, as well as employment stability.

“Therefore, Kadin always conducts internal consolidation. Earlier (at the Kadin Indonesia Daily Board Meeting) there were several matters (discussed) aside from food and energy; we also discussed financial aspects,” Anin stated.

Besides the food security agenda, Anin continued, Kadin is also preparing a Kadin Investment Week scheduled for August 2026 to encourage increased investment. Anin stressed that coordination between government and the business world is key to facing global uncertainty.

“Indonesia Incorporated must be unified, united and coordinated with the government so that we can get through all of this. This is also our opportunity to change our mindset,” Anin added.

Anin also encouraged the business community to expand export markets and strengthen collaboration with Danantara and investment institutions. Despite facing various global challenges, Anin asserted that the business world must maintain optimism.

“But essentially, the mood is cautious, yet the mood remains optimistic that we can survive, maintain stability and ultimately achieve growth,” Anin said.

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