Privatization stalls in IndonesiaBy Bill Guerin JAKARTA - Recent comments by Indonesian Minister for State-Owned Enterprises Sugiharto that Jakarta planned to "buy back" a stake in publicly listed Indosat, the country's second-largest telecommunications operator, raised eyebrows in Singapore.

Local governments call for greater certainty over investment permits The Regional Representatives Council (DPD) and local investment agencies have urged the central government to ensure more consistency in investment permit regulations as many foreign investors are reluctant to do business here due...