Indonesia's economy has developed significantly since the Asian financial crisis. Steady domestic growth, fiscal conservatism and a functioning local capital market has helped outlast a global recession that many thought would engulf the archipelago. Martin Hohensee, Deutsche Bank's head of fixed-income research in Asia, thinks Indonesia can today be considered a BB credit two notches above its current rating of BB- at Standard Poor's and Ba3 at Moody's. He shares his views with FinanceAsia.
What makes you see Indonesia as a BB credit
We think the question is not so much whether Indonesia is an improving credit but one of how good it has become. The ratings agencies have recognised Indonesia's achievements in...
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