Indonesian Political, Business & Finance News

The government said on Tuesday it planned to revise two

The government said on Tuesday it planned to revise two
regulations that stipulate that sole authorized distributors of
foreign products must receive recognition from the government to
commence their activities.

Local department store chain PT Rimo Catur Lestari will open new
fashion outlets in Bandung, Surakarta, Surabaya and Denpasar next
month as part of its expansion plans.

Asian counties - especially Japan, South Korea and Singapore -
are ideal places to develop and test new wireless products,
Hewlett-Packard officials said Tuesday.

Honeywell International announced Monday that its job cuts this
year will total 15,800.

An e-mail virus that exploits the World Trade Center tragedy,
disguising itself as a call for peace, circulated Monday on the
Internet.

Edging closer to legitimacy, Napster Inc. on Monday reached a
tentative settlement of a lawsuit filed by music publishers and
struck a deal on distributing songs for a fee.

Japan's number three ship operator Kawasaki Kisen Ltd. said
Tuesday it aimed to team up with Chinese, German, South Korean
and Taiwanese counterparts to create the world's second largest
shipping alliance.

Swedish telecommunications equipment maker Telefon LM Ericsson
said Monday federal regulators cleared its proposed joint venture
with Sony Corp.

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