Lower Economic Growth Forecast for Indonesia
The World Bank has trimmed its growth for Indonesia from 5.3 percent to 5.2 percent this year, citing global uncertainty and rising inflation. In its quarterly report, the bank said…
S&P Revises Indonesia’s Sovereign Credit Outlook to Positive
INDONESIA – American financial services firm Standard and Poor’s (S&P) revised Indonesia’s rating outlook from Stable to Positive and affirmed the rating at BB+. The positive outlook reflects the possibility…