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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Thailand, Singapore most vulnerable to potential US recession
Southeast Asia could be seriously affected in case the US falls into recession, but some countries would be more badly hit than others, economists...