Five multinational companies have renewed orders for Indonesian shoemakers to supply shoes valued at $990 million until July this year, Asia Pulse reported on Friday. Fila, Adidas, Nike, Reebok and Diadora earlier cancelled the orders on global economic slowdown, Eddy Widjanarko, chairman of the shoe making industry (Aprisindo) said on Thursday. The orders were resumed by the foreign principals after the disbursement of stimulus package by the US President Barack Obama, Widjanarko said Thursday.

The government, in concert with the World Bank and Asian Development Bank (ADB), plans to inject up to Rp4 trillion ($340 million) into a special body that will provide loans to investors interested in developing long-term infrastructure projects, a senior government official said on Tuesday, The Jakarta Globe reported.

Jakarta, (ANTARA News/Asia Pulse) - Indonesia's per capita income rose 24 per cent to US$2,271 in 2008 from US$1,942 in 2007 with Gross Domestic Product at Rp4,954 trillion (US$450 billion) based on current prices. Last year, the country's GDP based on constant prices of 2000 reached Rp2,082.1 trillion, head of the central bureau of Statistics Rusman Heriawan said.

Trade Minister Mari Elka Pangestu on Tuesday reassured reporters that the central government would not be issuing a decree forcing civil servants only to buy domestically made products. She is, however, pursuing a government-sanctioned campaign to encourage the use of Indonesian products. “This is a national campaign to raise people’s awareness about local products over those that are imported,” Pangestu said after a meeting to discuss the “I love Indonesia” promotional campaign.

Crisis-hit Indonesian malls have plenty of visitors, few sales AFP/File – Visitors of a mall enjoy music at a café as part of its strategy to attract shoppers in Jakarta, on … JAKARTA (AFP) – With opulent attractions from children's rides and slippery slides to faux-European boulevards, the massive malls of Indonesia's capital are attracting plenty of visitors -- but few buyers.

SINGAPORE - Monsanto (MON.N), the world's biggest seed company, has started field trials for genetically modified corn in India, but it could take a few years for the seeds to be ready for a commercial launch, company executives said on Tuesday. The company is also optimistic of getting an approval for trials in Indonesia, after the gene-altered corn boosted yields in the Philippines since its launch in 2003.

Chevron Corp will decide whether to move to the final design of the deepwater Kutai Basin natural gas project off Indonesia's East Kalimantan province by year-end, the U.S. major oil firm said on Tuesday. The Gehem and Gendalo natural gas projects in the Makassar Strait would be the deepest offshore gas fields in Indonesia, at water depths ranging from 2,500 to 6,000 feet (760-1,800 meters).

Debnath Guharoy, Consultant Last week's update reported the relative calm in Indonesia's fast moving consumer goods industries. The basket of five "essentials" reflecting all-weather products are still faring well, though there is strong evidence of downtrading in some categories, influenced by the overall rising cost of everyday shopping. The news for the consumer durables market is similarly stable as at the end of the October-December quarter of 2008.

The government is to soon offer 15 geothermal fields up for power development tenders expected to generate a total of about 1,500 MW (megawatts) of electricity requiring a total investment of US$ 4.5 billion. Bambang Setiawan, the Director General of Mineral, Coal and Geothermal at the ministry of energy and mineral resources, said Monday the tenders would be organized by regional governments where the projects are located.

English translation of import restrictions imposed by the Minister for Trade. Trade Decree 56, signed on 24 December 2008, supersedes Decree 44.

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