Indonesia sailing towards upgrade from S&P Global Ratings
Both its international and domestic bonds have done the best in emerging Asia this year
Sat, May 28, 2016 - 5:50 AM
STRONGER: The stability of the rupiah this year has enhanced the appeal of domestic bonds.
INDONESIA'S status as Asia's last major economy without a full investment grade may be near an end, boosting the appeal of the region just as other emerging markets such as Brazil and Poland suffer downgrades.
State-Owned Enterprises Minister Rini Soemarno said in Jakarta...