At Kadin Retreat, Bamsoet reminds 3 most important requirements for building the Indonesian business climate

Jakarta – Deputy Chairman of the Coordinator of Politics, Defense and Safety of the Indonesian Chamber of Commerce and Industry (Kadin) Bambang Soesatyo (Bam’soet) said the increasingly complicated geopolitical threats of worldwide. From the South China Sea Crisis to the fluctuations in oil prices due to the Russian-Ukraine War, the economy of developing countries, including Indonesia, has put great pressure. In this situation, the Indonesian business world requires a solid foothold, namely political stability, safety and legal certainty. “Political stability, safety and legal certainty are the most important requirements for building a healthy business and investment climate in Indonesia. If we do not maintain the business climate and national stability, we will lose the confidence of investors we have struggled to build over the past two decades,” Bamsoet said in his statement, Friday (8/8/2025). Browse to continue with the content, he said when he accompanied the dissolution of the Kadin 2025 Reformed Reformation by Deputy Minister of Coordination of Political and Security Affairs Lieutenant -General (Ret.) Lodewijk Freidrich Paulus, in the Halim Horse Antakusuma, Friday (8/8). Present was chairman of the Indonesian Kadin Kadin Anindya Bakrie, the Indonesian Cadin Central Council and the head of the provincial cadin and the association under the cadin. Bam Seet explained that the concern was not for no reason. Data from the Indonesia Stock Exchange (IDX) recorded that foreign financing outflows reached 28.6 trillion during the first quarter of 2025 RP. The compound share price index (CSPI) dropped to 7.2% in March, which showed in March, showing how sensitive markets for political uncertainty and global tensions. The Rupiah Exchange Exchange index against the US dollar also touched the level of RP 16,700 per US dollar in April 2025, the highest since the pandemic crisis. Poor rupiah reduces the cost of importing industrial raw materials, while increasing inflationary pressure on the actual sector. Therefore, Bamoet emphasized that the business world requires confidence. “And the belief originated from the state’s commitment in maintaining legal certainty, safety, stable political climate and policy transparency,” said the 20th chairman of the Indonesian parliament. Bam -Seet explained that the state should be prepared to face cyber threats, energy and the border tension. For this reason, the national economic resilience must be built on a solid National Defense Foundation. Both in terms of military, energy, food, to digital safety. The government must strengthen structural resilience. In addition to encouraging national strategic projects, the government has also built an economic defense system through expansion of the export market, national logistical strengthening and national energy security. According to Bam’soet, Kadin still encourages business actors to strengthen risk management. “Risk reduction is not just an ISO formality or technical training. This is the key to sustainability of business,” said the Deputy Chairman of the Golkar Party. “Because the threat can come from any time from any time,” he concluded. (Akn/Ega)