Overheating in Indonesias markets is likely if the
country receives the much-anticipated investment-grade debt
rating next year.
Speaking at IFLRs Indonesia Forum, Ali Budiardjo
Nugroho Reksodiputro foreign counsel, Oene J Marseille said the
countrys very liquid stock exchange made overheating easy
to foresee, especially if it were to receive an
investment-grade debt rating. This would encourage large
institutions and pension funds to...