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Rinse the rice 2-5 times then let soak overnight in cold water.
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In a saucepan, bring sugar, salt, and coconut milk to a boil. Reduce to simmer and let cook for 10 minutes.
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Remove from heat.
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Bring a pot of water to boil with a steamer attachment fitted over.
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Drain rice through a cheesecloth, squeezing to remove excess liquid.
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Place the rice in cheesecloth bundle in the steamer and cook for 30 minutes.
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Put cooked rice in a large bowl and mix with some of the sweetened coconut milk. Add just enough liquid to cover the rice and stir.
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Let sit for 30-45 minutes so the rice continues to absorb the liquid.
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Serve and enjoy! :D