retail stores
China’s Wumart closes $374m deal with Thailand’s CP Group
China's retail chain Wumart Stores Inc will acquire a bulk of CP Group's stores in mainland China and take a stake in one of...
CVC to cash in on Indonesia investment
UK-based investment firm CVC Capital Partners intends to sell a 40 per cent stake in Indonesia’s largest department store operator Matahari, according to a...
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Thailand’s cab drivers grow vegetables on their idle taxis’ roofs
The collapse of tourism and the prolonged lockdowns and curfews in Thailand due to the Covid-19 pandemic have led to serious disruptions in many...
Stories of the week
Indonesia’s online grocery market takes off
The Covid-19 pandemic has accelerated what was already a big trend in Indonesia, namely online grocery shopping. Experts expect the country’s grocery e-commerce market...