Apindo Dialogue for Presidential Candidates 2024 Survey: Nearly 80% of Indonesian Entrepreneurs Admit Drop Sales News – 1 hour ago

Jakarta, CNBC Indonesia – General Chairperson of the Indonesian Entrepreneurs Association (APINDO) Shinta Widjaja Kamdani revealed that there is a persistent world slowdown due to the pandemic. This, he said, is the biggest challenge in the current economy.

Indonesia, he continued, is estimated to only grow two-thirds (2/3) from pre-pandemic conditions. Companies also reported experiencing a sales slowdown.

“We are all facing multidimensional crises and challenges due to global uncertainty, geopolitics, heated US-China relations, supply chains, climate change, complexity due to digitalization, to AI,” said Shinta when opening the 2024 APINDO – Presidential Candidate Dialogue on Indonesia’s Economic Roadmap 2024-2029 at Jakarta, Monday (11/12/2023).

“Based on APINDO’s survey, 72% of entrepreneurs experienced slowing sales,” added Shinta.

Therefore, he added, collaboration is the key to creating strategies so that Indonesia can be productive and competitive.

“Entrepreneurs are still optimistic about the prospects for business growth. 40% of business actors in Indonesia are growing more than 5% and 30% are growing 3-5%/. 58% of important business actors are still planning to expand and invest,” he said.

“So the business world hopes that there will be concrete changes. This can be realized with economic transformation and productivity creation factors,” said Shinta.

[Gambas:Video CNBC]

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