Indonesia expects more foreign investment after ratings bump

S&P and others list country as 'BBB' as structural reforms look to continue

20190610 Indonesia Investment Joko

The administration of Indonesian President Joko Widodo has pledged to create a more business friendly environment. (Photo by Kosaku Mimura)

JUN SUZUKI, Nikkei staff writer

JAKARTA -- Global investors are increasingly eyeing Indonesia as a good place to park their money, a trend that may increase after S&P Global Ratings bumped up the Southeast Asian country's sovereign credit rating.

The raise to BBB from BBB- on May 31 comes on the heels of President Joko Widodo's reelection, prompting expectations that Indonesia will remain committed to structural reform.

Sponsored Content

About Sponsored ContentThis content was commissioned by Nikkei's Global Business Bureau.