Telecom tangle for Singapore's Temasek

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. The Business Competition Supervisory Commission (KPPU) on Monday ordered Temasek to sell off its stake in either of Indonesia's two largest mobile-phone companies - Telkomsel and [more, asiatimes]