Govt. to Restrict Expansion of Hypermarkets
Trade Minister Mari Pangestu said the government will issue a regulation restricting the expansion of hypermarkets to protect small retail traders, Antara reported on Tuesday (29/5/07).
Pangestu said her department will issue the regulation. She added that hypermarkets will need to secure approval from the Public Works Department to be able to open new outlets.
The country has three hypermarket operators -- Carrefour with 29 outlets, Hypermart with 27 outlets and Giant with 17 outlets.
Small retailers have urged the government to ban hypermarkets from operating in the city center.
Pangestu said her department will issue the regulation. She added that hypermarkets will need to secure approval from the Public Works Department to be able to open new outlets.
The country has three hypermarket operators -- Carrefour with 29 outlets, Hypermart with 27 outlets and Giant with 17 outlets.
Small retailers have urged the government to ban hypermarkets from operating in the city center.