Jakarta (Antara Bali) - Micro, small and medium scale businesses will face heavy challenges in 2014, an entrepreneur association executive said.
"They will face unfavorable business climate. Among constraints businesses will face include weakening rupiah exchange value, increasing inflation, gas price hike and high banks' lending rates," Andhika Anindyaguna, the chairman of the Indonesian Young Entrepreneurs Association, Jakarta branch, (HIPMI DKI), said.
He made the remarks when announcing on Monday the names of five candidates nominated to chair the HIPMI DKI for the 2014-2017 term of office.
The HIPMI DKI chairman said the tasks of the executives of the organization ahead was not easy. This was owing to the fact that most of its members were new young entrepreneurs. They will need support amid unfavorable economic conditions.
The five candidates nominated for HIPMI DKI chairmanship in the next term of office are Agus Pamungkas, Gernando Nainggolan,
Iskandarsyah Ramadhandatau, Rishi Wahab, Yuke Yurike.
Andhika said whoever elected chairman must be able to open access to low-interest funds for the organization's members as the previous executives had done.
He said that during his three year leadership, HIPMI DKI focused on opening access to cheap funds, among others, by establishing cooperation with Bank DKI and Askrindo. (*/DWA)
COPYRIGHT © ANTARA News Bali 2014
"They will face unfavorable business climate. Among constraints businesses will face include weakening rupiah exchange value, increasing inflation, gas price hike and high banks' lending rates," Andhika Anindyaguna, the chairman of the Indonesian Young Entrepreneurs Association, Jakarta branch, (HIPMI DKI), said.
He made the remarks when announcing on Monday the names of five candidates nominated to chair the HIPMI DKI for the 2014-2017 term of office.
The HIPMI DKI chairman said the tasks of the executives of the organization ahead was not easy. This was owing to the fact that most of its members were new young entrepreneurs. They will need support amid unfavorable economic conditions.
The five candidates nominated for HIPMI DKI chairmanship in the next term of office are Agus Pamungkas, Gernando Nainggolan,
Iskandarsyah Ramadhandatau, Rishi Wahab, Yuke Yurike.
Andhika said whoever elected chairman must be able to open access to low-interest funds for the organization's members as the previous executives had done.
He said that during his three year leadership, HIPMI DKI focused on opening access to cheap funds, among others, by establishing cooperation with Bank DKI and Askrindo. (*/DWA)
Editor : Dewa Sudiarta Wiguna
COPYRIGHT © ANTARA News Bali 2014