Indonesia has shot itself in the foot with yet another
surprise regulatory change. Those looking to tap into its
enormous consumer market have touted the country as one of the
next big investment opportunities, including it in the next
wave of emerging markets acronyms (such as MIST, which also
includes Mexico, South Korea, and Turkey).
Indonesia's large population makes it an attractive consumer
opportunity, but its tendency to issue unexpected and
unfavourable regulations has affected its popularity. More
importantly, it has impacted...