JAKARTA - The Indonesian Young Entrepreneurs Association (Hipmi) considers that the Composite Stock Price Index (IHSG) which strengthened at the beginning of 2026 must immediately be followed by concrete policies so that the impact is felt directly on the real sector, especially medium entrepreneurs and micro, small and medium business actors (MSMEs).
Chairman of the Hipmi Central Board for Synergistic and Inter-Agency, SOEs and BUMD Anthony Leong, in a statement in Jakarta, Saturday, said the government must ensure inclusive policies, such as expanding access to affordable financing, business incentives, and regulatory ease for medium-sized entrepreneurs and MSMEs to be sustainable.
"The strengthening of the capital market must be translated into the strengthening of the real economy. This is where the role of middle-class entrepreneurs and MSMEs becomes very important," said Anthony.
He stated that Hipmi is ready to become a strategic partner of the government in ensuring that economic growth is inclusive and not only enjoyed by certain groups.
Anthony also highlighted that so far policy attention has often been polarized between micro-SMEs and large corporations, while middle entrepreneurs often fall into a gray area and receive less attention.
In fact, according to him, this group has a significant business scale, absorbs labor, and is connected to the national supply chain.
"These middle entrepreneurs are often in the gray area. They are no longer small, but not yet big. In fact, they are the backbone of the economy, job creators, and an important bridge for MSMEs to rise in class," he said.
Furthermore, Anthony assessed that the strengthening of the JCI at the beginning of 2026 reflected market optimism towards Indonesia's economic fundamentals as well as the government's policy direction which is increasingly focused on stability and medium- and long-term growth.
He emphasized that a strong capital market should not stop as an indicator of the confidence of major investors, but must be translated into strengthening the real economy. Anthony expressed his appreciation to the Minister of Finance for his commitment to maintaining fiscal stability and clear economic policy direction.
According to him, this is an important foundation for business actors to increase production capacity and competitiveness.
"This is an important foundation for entrepreneurs, especially in the medium and small business sector, to dare to invest and expand," said Anthony.
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