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Here’s something heard about Globe Asia, which bills itself as Indonesia’s only English language business magazine, at the JFCC EGM last night: there is no list of the 400 richest Indonesians.

What list? Well it’s in the magazine’s advertisement in the Jakarta Post. The advertisement comprises a photo of the magaxine cover for its “soft launch” edition. One of the items promised in the soft launch cover is a list of Indonesia’s 400 richest.

A journalist familiar with the ninside workings of the magazine said last night that there is actually no such list. Is this tantamont to misleading advertisement if true?