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Jajan pasar refers to native Javanese snacks; kue (from Chinese gao; kwe) refers to western cakes and steamed cakes of Chinese origin; bolu (from Portuguese bolo) refers to sponge cakes and other types of cakes with a similar texture; while roti (from Sanskrit rotika) refers to baked goods in general. [2] [3] [4]
Pasar malam is a Malay word that literally means "night market" (the word pasar comes from bazaar in Persian [1] [2]). A pasar malam is a street market in Indonesia , Malaysia , Brunei and Singapore that opens in the evening, usually in residential neighbourhoods. [ 3 ]
The difference between pasar pagi and pasar malam is in its operating hours. Pasar pagi opens early in the morning from dawn to noon every day, approximately from 04:00 to 12:00. On the other hand, pasar malam opens at night, approximately from 17:00 to 22:00, and only on selected days of the week. The type of goods being sold is also quite ...
Market is a term used to describe concepts such as: . Market (economics), system in which parties engage in transactions according to supply and demand Market economy ...
The term kue pancong is usually associated with the Betawi cuisine of Jakarta. [1] The same snack (with some variation) is also referred to as kue pancung in parts of central Sumatra, [2] gunjing in South Sumatra, [3] bandros in Sundanese-speaking area, [4] gandos in Javanese-speaking area, [5] and buroncong in Makassar.
In economics, the market mechanism is a mechanism by which the use of money exchanged by buyers and sellers with an open and understood system of value and time trade-offs in a market tends to optimize distribution of goods and services in at least some ways.
While "market share" may be defined as "the percentage of a market accounted for by a specific entity", [1] the measure may also be divided into two types: "Unit market share: The units sold by a particular company as a percentage of total market sales, measured in the same units." [1]
A market maker or liquidity provider is a company or an individual that quotes both a buy and a sell price in a tradable asset held in inventory, hoping to make a profit on the difference, which is called the bid–ask spread or turn. [1]