no matter how many times I read stuff like this it still astounds me. The only people that suffer when restrictions are imposed is the Indonesian consumerOut of interest how does this effect the buyout of Alfa Mart?

Jakarta (ANTARA News/Asia Pulse) - A new presidential regulation imposes restrictions on foreign retailing companies allowing them to operate only in hypermarkets to protect Indonesia's local retailing industry.

The Jakarta Post, JakartaIn order to achieve a targeted seven million foreign tourists under this year's Visit Indonesia Year program, the government should intensify cooperations with players in the tourism industry and grab new potential markets, observers said.

Jakarta (ANTARA News) - The Central Bureau of Statistics (BPS) said that Indonesia`s CPO exports in November 2007 dropped drastically by 61 percent compared to that in October 2007."The drop in the CPO exports is caused by the grand harvest season in the September - October period, and probably...

Khazanah Nasional Berhad's decision to pursue the option to merge Bank Niaga and Bank Lippo was welcomed by economists who said the move could spark further banking sector mergers.The Malaysia-based Khazanah last week said it had opted for the merger to comply with the central bank's "single...

Jakarta (ANTARA News) - President Susilo Bambang Yudhoyono said the expected slowdown in the world economy`s growth in 2008 would have a minimum impact on Indonesia as its national economy was running on the right track with stronger fundamentals and the country was experienced in surviving global...

Jakarta (ANTARA News) - Finance Minister Sri Mulyani Indarwati has expressed optimism that the country`s mutual fund industry will grow at the same level as in 2004 or at a pre-crisis pace.Foreign confidence in the mutual fund industry in Indonesia was returning, she said here Wednesday.