Business

Recognize differences between
modern and traditional
markets: Minister

To clarify the distinction between traditional and modern marketplaces, traditional markets should be called “friendly and fresh markets,” Industry and Trade Minister Marie Elka Pangestu said.

The “modern-traditional” market dichotomy has created a gap in public perceptions, Marie said.

“It would be better to drop the older terminology. We should use mall, supermarket or minimarket in reference to modern markets and fresh and friendly for traditional markets,” Marie said Tuesday at the opening of the recently renovated Sindu traditional market in Sanur, Bali.

Marie said that the increasing number of mini and supermarkets has threatened the existence of fresh markets. The government has allocated Rp 30 billion (US$3.3 million) to revitalize 30 fresh markets nationwide this year, a sharp decrease from the Rp 250 billion allocated to 400 markets last year.

The government expects to apportion Rp 150 billion for market revitalizations in 2011, Marie added.
“We need more time and resources to revitalize all 13,000 markets across the country,” Marie said.

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