Indonesian infrastructure slides to 82th position, under China (69th), Thailand (47th), Malaysia (23rd), and Singapore (2nd). (illustration)

S&P: BB+ rating for Indonesia and a number of obstacles

REPUBLIKA.CO.ID, JAKARTA – International rating agency Standard and Poor’s (S&P) assesses Indonesia’s sovereign debt is at BB+ for long term and B for short term with positive outlook. Positive outlook reflects the upgrade possibility if economic growth keeps increasing, financial market deepening, and regulation imposition is measurable. The S&P Executive Analyst for Indonesia, Agost Bernard, said several factors supported Indonesian rating,...