President Jokowi to Open Hipmi's National Working Meeting on Monday
Jakarta. President Joko "Jokowi" Widodo is scheduled to open the national working meeting of the central executive board of the Indonesian Young Entrepreneurs Association, or Hipmi, at the Ritz Carlton Hotel in Kuningan, South Jakarta, on Monday (25/03).
"God willing, it is scheduled by the president," Hipmi chairman Bahlil Lahadalia said in a statement on Saturday.
Beside the president, several cabinet members, including Finance Minister Sri Mulyani Indrawati, Trade Minister Engiartiasto Lukito, Public Works and Public Housing Minister Basuki Hadimuljono and Energy and Mineral Resources Deputy Minister Archandra Tahar, are also scheduled to attend.
More than 1,500 executive board members from 34 of Hipmi's regional chapters across the country are expected to participate in the gathering with the theme "Economic Revolution: Fairness and Continuity."
They will discuss the latest developments in the business world and the Indonesian economy.
"We will discuss recommendations on policies the government needs to implement to tackle problems of disparity [...] there are also issues related to energy security, the competitiveness of small and medium enterprises, inequality in the development of rural areas versus urban areas, de-industrialization and other policies that are expected to favor local entrepreneurs," Bahlil said.
He added that Hipmi supports a stronger role for the anti-monopoly Business Competition Supervisory Commission (KPPU), and that they do not support a judicial review of the body.
It was previously reported by local media outlets that the Indonesian Employers Association (Apindo), an influential business lobby, is set to file a judicial review of the KPPU over what it alleges, excessive authority.
Apindo is concerned that under existing laws, the KPPU is authorized to assess agreements between corporations, which the business lobby believes may hurt the investment climate.
Distancing Hipmi from Apindo, Bahlil said the association is aware of unfair business practices that often cause small enterprises to find it difficult to penetrate existing markets and compete with bigger corporations.
"This is one of the disparities in the business world," Bahlil said. He added that some regulations are not accommodative of small enterprises.
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