Sunday, February 7, 2016

Sweden's IKEA loses right to use its own name in Indonesia - Business News | The Star Online

Sweden's IKEA loses right to use its own name in Indonesia - Business News | The Star Online: "The court decision could make foreign companies even more cautious to invest in Southeast Asia's biggest economy, which is already growing at its weakest pace since the global financial crisis.

"The clear message is that any business wanting to open up in Indonesia has to be very careful to register all its trademarks so they don't get hijacked," said Keith Loveard, head of risk analysis at Jakarta-based Concord Consulting."



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