Tuesday, December 28, 2010

Indonesia (might) finally get Invesment Credit Rating

News reported that Moody's might upgrade Indonesia's credit rating from Ba2 into an investment grade. This will put Indonesia on the same level as Greece, Egypt and Colombia.

Indonesia has been one of the most exciting economies to follow this year, with the national stock exchange IDX has outperformed most of the major indexes around the globe. So, let's just hope the best for this upgrade and hopefully it will bring even more business opportunities in this country.

Check out the link for the complete news.
http://www.bloomberg.com/news/2010-12-01/indonesia-s-credit-ratings-on-review-for-possible-upgrade-moody-s-says.html

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