RETAIL INDUSTRY
Pummeled by the Crisis

LOTS of mainly red-colored banners promoting a whole range of discount programs seemed to invite lots of members of the public into Mal Citra Klender, East Jakarta. Such tempting discounts ranging from 20 percent to 80 percent plus special midnight discounts were on offer at the end of that week at retail company Ramayana, one of the tenants at the mall.

However, this special discount program appeared to be not that attractive. On Thursday evenin

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