Temasek case not to undermine investment

Jakarta (ANTARA News) - Monday`s verdict by the Business Competition Supervisory Commission (KPPU) against Singaporean firm Temasek Holding has raised concerns that it would undermine the investment climate in Indonesia.Lee Theng Kiat, chief Executive of ST Telemedia, which is wholly owned by Temasek, said the KPPU`s ruling had raised a serious question on the implementation of the law and had at the same time also triggered the question whether foreign investors could feel secure about their investment in Indonesia. [more, antaranews]