Jakarta (ANTARA News) - Trade Minister Marie Elka Pangestu has launched a National Shoes Day, here Wednesday, to encourage the Indonesian people to wear Indonesia-made shoes especially on every Friday.On the occasion, Minister Pangestu wore brown snake-leather shoes, while football player Bambang...

From: The Jakarta PostAs many as 17 foreign investors are investing in shoe factories in Indonesia this year, an association says.Indonesian Shoe Producer Association (Aprisindo) chairman Eddy Wijanarko said five of the 17 investors had begun to build the factories.

TEMPO Interactive, Jakarta:The local rattan industry could benefit from Europe’s increasing interest in the product. “This is the revival of rattan in the European market,” said agro industry director general Benny Wachyudi in Jakarta yesterday, following a meeting with a German expert who is...

From: The Jakarta PostBy Rangga D. Fadillah, The Jakarta Post, JakartaThe government says local companies will have greater opportunity to supply goods and services for upstream oil and gas operations due to the revision of a regulation on procurement mechanisms.

Huawei is to build a submarine cable across the Straits of Malacca between Malaysia and IndonesiaHuawei Marine Networks has been awarded a contract for the Batam-Dumai-Melaka submarine cable project linking Malaysia and Indonesia.

Minister of Trade and Industry of Singapore, Lim Hng Kiang met Coordinating Minister for the Economy, Hatta Rajasa, at the office of Coordinating Ministry for the Economy in Jakarta, on January 4th, 2011.

By Shirley Christie The allure of Indonesia’s burgeoning online market has hooked another big name, with Japan’s largest online retailer set to join the local marketplace in short order.Rakuten, which has a presence throughout East Asia as well as the US and Europe, plans to launch its full...

By Shirley Christie Despite being the world’s third-largest exporter of shoes, Indonesia still wants to stamp out a bigger share of the market.“There are many high-quality Indonesian shoes gaining recognition in both the domestic and international markets,” Trade Minister Mari Elka Pangestu...

TEMPO Interactive, Jakarta:Infrastructure development will be delayed this year due to a lack of funds. “Out of US$ 143 billion required, the government can only provide US$ 51 billion until 2014," said Fiscal Policy Board chief Bambang Brodjonegoro yesterday.

By Lilian Karunungan and David Yong Bonds from Taiwan are beating debt from Asia’s developing nations as surging oil prices punish economies with the fastest inflation.Local-currency debt sold by Taiwan returned 1.4 percent this year, the best performance in the region excluding Japan.

By Matt Brown, JakartaIndonesia is planning to cut imports of Australian cattle by around 200,000 head this year.Indonesia's Vice Minister for Agriculture Bayu Krisnamurti, says his government wants to cut imports of Australian cattle to 500,000 and 50,000 tonnes of boxed chilled beef.

TEMPO Interactive, Jakarta:The government has targeted US$50 million in investment for two years from Philippine businessmen in the maritime sector. “We will give them the space and cooperate with them so that the fish are processed here,” said Maritime and Fishery Affairs Minister Fadel...