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View all search resultsStandard-Poors
Business 5 years ago
Bank Indonesia says S&P outlook cut not a reflection of fundamentals
The comments from the Bank Indonesia chief come after S&P cut its outlook for the nation to negative from stable, while affirming its long-term foreign currency debt rating at BBB, the second-lowest investment grade score.
Business 5 years ago
Rating agencies downgrade Indonesian companies on debt repayment concerns amid COVID-19
The rationale behind the ratings decisions varies for each company but revolves around liquidity risks, concerns over debt repayment ability, a sharp rupiah depreciation, low commodity prices and overall weak demand.
Business 8 years ago
PREMIUM
RI regains long lost S&P rating
It took exactly 20 years for Indonesia — since the 1997 Asian financial crisis — to fully regain its investment grade status, as Standard and Poor’s (S&P) followed on Friday two other global rating agencies in awarding such an influential rating to the country.
Business 9 years ago
Indonesia disappointed over S&P’s “uncertain” rating assesment
The government and central bank have expressed disappointment over Standard & Poor's (S&P) uncertain stance, making it less likely to grant Indonesia an investment grade rating in the near soon, ducking behind "additional concerns" on bad debts.
Business 9 years ago
BI pledges pro-resiliency policy as S&P rating unchanged
The central bank has reiterated its commitment to continue efforts to strengthen monetary resiliency in the wake of Standard and Poor's (S&P) decision to keep Indonesia’s sovereign rating unchanged at BB+ with a positive outlook.
