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View all search resultsGlobal credit rating agency Standard & Poor's (S&P) will increase Indonesia's sovereign credit rating by one notch to BBB from the current BBB- next year, Coordinating Maritime Affairs Minister Luhut Pandjaitan claimed on Thursday.
Asian liquidity stress measured by Moody's Investors Service has shown a worsening trend as most Chinese companies, especially oil and gas companies, have had their ratings downgraded. However, the ratings of most Indonesian companies under Moody's review are steady.