In a medium saucepan, combine the rinsed Jasmine rice, coconut milk, water, and salt.

Bring the mixture to a boil over medium-high heat.

Once boiling, reduce the heat to low, cover, and simmer for 18-20 minutes or until the rice is tender and the liquid is absorbed.

Remove from heat and let it sit, covered, for 5 minutes.

Fluff the rice with a fork before serving.

Serve the coconut rice warm, garnished with chopped cilantro and toasted coconut flakes if desired.