REPUBLIKA.CO.ID, KUPANG -- The influential Indonesian Chamber of Commerce and Industry (Kadin) described Wednesday's cabinet reshuffle as positive signal for the business sector.

Deputy chairman of Kadin for banking and financial sector Rosan Roeslani said the replacement of a number of ministers especially economics minister had given rise to new hope for the country's business sector.

The change showed that the government is set to cope with the economic slowdown, he said here on Thursday.

He said the president had taken an important step that would boost the country's business sector.