JAKARTA - The recent decision of Indonesia's anti-monopoly watchdog to sanction and fine Singapore state-owned investment vehicle Temasek Holdings for breaking local competition laws has sparked new foreign investor concerns and marks another setback for the Singaporean government’s regional investment drive.

With illegal logging of ever-increasing concern, the country's plywood industry has suffered an acute shortage of raw materials, threatening to close almost half of the companies involved in the business. Chairwoman of Forest Industry Revitalization Body Soewarni said here Tuesday that almost a half of the 100 or so companies engaged in the production of plywood and other wood products had been forced to close down due to lack of raw materials.