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Jakarta Post
The Jakarta Post
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London's Komodo bond power Indonesian infrastructure

  • Nikhil Rathi and Kartika Wirjoatmodjo
    Nikhil Rathi and Kartika Wirjoatmodjo


London/Jakarta | Mon, February 12, 2018 | 10:17 am
London's Komodo bond power Indonesian infrastructure State-owned Enterprises Minister Rini Soemarno (center), PT Jasa Marga executives and officials of London Stock Exchange pose after Jasa Marga listed its Komodo Bonds on the bourse in Wednesday. (Courtesy of/State-owned Enterprises Ministry)

PREMIUM In recent months Indonesia has been celebrating a series of firsts: from the first Indonesia pavilion at the World Economic Forum in Davos; to being rated, for the first time, investment grade by all three major rating agencies and launching the world’s first ever Komodo bond by a state-owned enterprise. This is testament to President Joko “Jokowi” Widodo’s commitment to...

Disclaimer: The opinions expressed in this article are those of the author and do not reflect the official stance of The Jakarta Post.