News focus: Temasek loses legal battle in RI`s supreme court

Jakarta, (ANTARA News) - After a legal battle for about five months, Singapore`s state-owned investment firm Temasek Holdings Pte Ltd has to accept an unfavorable decision by the Indonesian Supreme Court (MA).

The highest law enforcing body rejected Temasek`s legal review suit against a ruling by Indonesia`s Business Competition Commission (KPPU) that the Singapore company had violated the country`s monopoly and business competition law. [more, antaranews]