retail stores
7-Eleven ventures further into Southeast Asian pharma retail market
The 7-Eleven convenience store chain, ubiquitous in many Southeast Asian countries, has plans to expand further into the pharmacy business by taking over a...
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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New Philippine leader seeks help from South Korea for revival of nuclear power plant
Philippine president-elect Ferdinand Marcos emphasised his determination to adopt nuclear power in the country, holding talks on May 23 with South Korea's envoy on...
Stories of the week
Vietnam, India could replace China as Apple’s manufacturing hub – in the long run
US tech giant Apple has told its suppliers that it wants to expand contract manufacturing outside of China and is looking at Vietnam and...