MARKETPLACE: In brief

Business Asia, March 3, 2000

* Jakarta -- Under pressure from domestic retailers, the Indonesian government has said it will audit and evaluate the operations of foreign hypermarkets in the country. Foreign hypermarkets in Jakarta had caused a decline of 80 per cent in business turnover of local retailers within a radius of five kilometres from the hypermarkets, according to the Indonesian association of retailers, Aprindo.

-- Asia Pulse