Tuesday, January 18, 2011

Congratulations Indonesia!


Moody's has upgraded Indonesia from Ba2 to Ba1 which is only one notch away from investment grade. This is quite an accomplishment and economists are expecting Indonesia to get investment grade by either mid 2011 or 2012.

But I guess even more important than the grade is to improve our infrastructure and law enforcement system. Reliable transportation and customs (land, sea and air) will be a great incentive for investors from around the world. Also a better law enforcement system and fighting the corruption will help in creating political stability which will ease investor's concern of Indonesia.

I know it's not going to happen instantly, but ALL THE BEST INDONESIA!

Picture courtesy of deviantart.net

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