Bapepam opposes planned restrictions on foreign investmentsBandung, West Java (ANTARA News) - The Capital Market Supervisory Board (Bapepam) opposes the proposed restriction on the inflow of foreign investments to avoid hedge funds that may cause bigger problems, its chairman A. Fuad said.

Ex-investment chief jailed for graftThe Jakarta Post, JakartaThe Anticorruption Court sentenced former Indonesian Investment Coordinating Board (BKPM) chief Theo F. Toemion to six years' imprisonment and fined him Rp 300 million (US$32,840) on Friday for misappropriating Rp 30.