KADIN INDONESIA

Indonesian Chamber of Commerce and Industry

KADIN INDONESIA

Indonesian Chamber of Commerce and Industry

KADIN INDONESIA

Indonesian Chamber of Commerce and Industry

Kadin Chairman Urges Business Community to Anticipate Impact of Middle East Conflict

Jakarta – Chairman of the Indonesian Chamber of Commerce and Industry (Kadin) Anindya Novyan Bakrie said the business community must strengthen national economic resilience amid rising global geopolitical tensions, particularly the ongoing conflict in the Middle East.

Bakrie, commonly known as Anin, made the statement after attending the Kadin Indonesia Daily Executive Board Meeting at Kadin Tower, South Jakarta, on Thursday (March 5, 2026).

Anin explained that Kadin is following up on directions from President Prabowo Subianto regarding the global geopolitical situation and its potential impact on the national economy. According to him, the business community needs to be prepared as the conflict in the Middle East could last longer than initially expected.

“We note that the war in the Middle East could last longer than we initially predicted. So whether it is four to five weeks, it is something we must anticipate,” Anin said.

In such circumstances, Anin emphasized the importance of maintaining three key pillars: energy security, food security, and national stability.

“First, energy security is very important. I understand that the government has already held meetings to analyze fuel prices, including gasoline, LPG, and LNG (liquefied natural gas) that directly affect the public,” Anin explained.

In addition to energy, Anin said food security is also becoming an increasingly strategic issue amid global dynamics.

“The second is food security. And the third is how we maintain national stability,” he said.

Anin further explained that stability is a key prerequisite before the economy can fully focus on growth. From the business community’s perspective, he noted that several strategic steps are necessary to safeguard national economic resilience, including strengthening the domestic market.

“We see a lot of noise and uncertainty both in society and in the business world. But the most important thing is how businesses focus on three key actions.

First, businesses must continue strengthening the domestic market,” Anin said.

He also noted that the Free Nutritious Meals Program (Makan Bergizi Gratis/MBG) could have a positive impact in creating new market demand through government policy intervention. At the same time, businesses need to strengthen supply chains to make them more resilient in facing global pressures.

“The next task is how to create a more resilient supply chain so that we can maintain stable prices for essential inputs,” Anin said.

In relation to this, Kadin is preparing an economic study on the impact of the MBG program, referred to as “MBGnomics.”

“It is not only about providing meals to 80 million children and breastfeeding mothers, but also about understanding its economic impact, including job creation and what needs to be done to strengthen the supply chain,” Anin said.

According to Anin, food security has become increasingly crucial in the current global environment. He also highlighted the importance of maintaining exports of Indonesia’s key commodities.

For this reason, Kadin plans to hold the Jakarta Food Security Summit (JFSS) again in May or June this year.

“Food security is extremely important today. We welcome the fact that rice has reached self-sufficiency, but we must also think about what comes next. This includes ensuring that exports of our products, such as palm oil, remain stable as they are highly needed globally,” Anin said.

Kadin is also paying attention to the sustainability of its members’ businesses, including MSMEs and regional entrepreneurs, as well as the stability of employment.

“Therefore, Kadin continues to strengthen internal consolidation. During today’s meeting we discussed several issues, not only food and energy but also financial aspects,” Anin said.

He added that Kadin also reviewed the condition of the national financial sector, noting that banking liquidity remains relatively healthy.

“We see that liquidity in the interbank market is still quite strong, around Rp160 trillion. But we are closely monitoring whether interest rates will rise, because that is also a very important benchmark,” he said.

In addition to food security initiatives, Kadin is preparing Kadin Investment Week, scheduled for August 2026, to encourage greater investment inflows.

Anin emphasized that strong coordination between the government and the business community is essential in navigating global uncertainty.

“A significant amount of investment is needed at a time when there is concern about the situation in the Middle East. But the most important thing I want to emphasize is that Indonesia Incorporated remains united, cohesive, and well coordinated with the government so that we can get through this situation. In fact, this could also be an opportunity to shift our mindset,” Anin said.

He also encouraged businesses to expand export markets and strengthen collaboration with Danantara and other investment institutions. Despite global challenges, Anin said the business community remains cautiously optimistic.

“In essence, the mood is cautious, but we remain optimistic that we can endure, maintain stability, and ultimately achieve growth,” Anin concluded.

The meeting was also attended by several Kadin Indonesia leaders, including Coordinating Vice Chairman for Organization, Communication and Regional Empowerment (OKP) Erwin Aksa, Coordinating Vice Chairman for Economic Affairs Franky O. Widjaja, Coordinating Vice Chairman for Food Affairs Mulyadi Jayabaya, Coordinating Vice Chairman for Infrastructure and Regional Development Carmelita Hartoto, Coordinating Vice Chairman for Social Affairs Nita Yudi, Coordinating Vice Chairman for Human Development, Culture and Sustainable Development Shinta W. Kamdani, Coordinating Vice Chairman for Law and Human Rights M. Azis Syamsuddin, and Coordinating Vice Chairman for Export Development Juan Permata Adoe, along with other Kadin vice chairmen and agency heads.

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KADIN INDONESIA

Indonesian Chamber of Commerce and Industry

KADIN INDONESIA

Indonesian Chamber of Commerce and Industry