An Umbrella Before the Rain

EVEN a series of repeated interruptions were unable to hinder the validation of the State Decree on StateOwned Enterprises (SOEs). On Tuesday last week, a plenary session of the House of Representatives (DPR), Indonesia's lower house of "parliament", passed the decree into law. Objections from several DPR members turned out to be nothing more than hot air. A.M. Fatwa, from the Reform Party faction, who chaired the plenary session, rapped his ga

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