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Fitch Revises Down Indonesia’s Economic Growth to 4.8% in 2020

JAKARTA (TheInsiderStories) – Fitch Ratings revised down Indonesia’ economic growth forecasts from 5.1 percent to 4.8 percent in 2020 amid the COVID-19 outbreak, it...

Fitch Affirms Indonesia at BBB, Growth 5.1% in 2020

JAKARTA (TheInsiderStories) - Fitch Ratings has affirmed Indonesia's long-term foreign-currency issuer default rating (IDR) at 'BBB' with a stable outlook, according to its latest...

Indonesia’s Corporate Bond Issuance US$12B Next Year

JAKARTA (TheInsiderStories) - The issuances of corporate bonds is expected to be more vigorous in 2020 with worth of US$12.05 billion, said Indonesian Bonds...

Fitch Indonesia Downgraded Lippo Karawaci Rating to CCC+

JAKARTA (TheInsiderStories) - Fitch Ratings Indonesia has downgraded foreign currency and local longterm ratings of PT Lippo Karawaci Tbk (IDX: LPKR) and a US dollar bond...

Fitch Ratings: Market Pressures to Arrest Positive Indonesia Bank Trends

JAKARTA (TheInsiderStories) - Currency depreciation and higher domestic interest rates are likely to halt the recent improvement in Indonesian banks' asset quality and put downward...

Fitch Affirms Indonesia’s Sovereign Credit rating BBB

JAKARTA (TheInsiderStories) - Fitch Ratings has affirmed Indonesia' Sovereign Credit Rating at investment grade level (BBB) with outlook stable, as announced on Sept. 2. The key factors that...