Video: Investment Direction Amidst War — S&P Assessment Becomes Key Issue

Jakarta, CNBC Indonesia - Examining the sentiment from global rating agencies towards Indonesia, including S&P Ratings’ decision to maintain Indonesia’s Sovereign Credit Rating at BBB with a stable outlook, Ciptadana Asset Management Director Herdianto Budiarto stated that this sentiment has encouraged capital inflow back into Indonesia, although the amount is not yet significant. Nevertheless, the market currently still perceives high market uncertainty, causing foreign investors to remain cautious about re-entering the Indonesian financial market. Meanwhile, developments in geopolitical turmoil and global finance are also a concern for global investors, which will influence the direction of fund flows into Indonesia.