(The following statement was released by the rating agency)
JAKARTA/SINGAPORE, May 25 (Fitch) Fitch Ratings says that any
moves that Bank
Indonesia undertakes to loosen lending regulations and further
deregulate the
Indonesia property market will take time to translate into a
significant and
sustained improvement in demand.
Activity has waned in the past couple of years as potential
buyers delayed
purchases and developers put off launching new projects - given
slowing economic
growth and di
Read more
No comments:
Post a Comment