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After more than a decade of absence, Dutch wholesale retailer Makro is poised to make a comeback in the Philippine market. This return is made possible through an alliance between Thailand’s CP Axtra and Ayala Corporation. New Business Venture The…
The first Siam Makro store in Myanmar has opened its doors as the Thai-based cash & carry operator eyes the fast-growing foodservice sector in the rising country Myanmar. Located in Myanmar, the more than 7000sqm store offers more than 10,000 lines of fresh…
Thai cash-and-carry brand Makro is set to build a large development in Siem Reap. The Council for the Development of Cambodia has approved the building of a Siem Reap commercial centre which will be anchored by Makro. Associate director of CBRE Cambodia James…
Thai listed wholesaler Siam Makro, through its subsidiary Siam Food Services, has entered agreements to acquire four food service businesses in Asia and the United Arab Emirates, for over 3 billion baht ($86 million). The Thai cash and carry operator said, in…
German retail giant Metro said last week it will spin off its businesses into two separately listed units, sending its shares sharply higher. “The management board of Metro is preparing the creation of two independent and sector-focused companies through a…
South Korean confectionery manufacturer Lotte Group is planning an eCommerce joint venture with one of Indonesia’s largest conglomerates, the Salim Group, within the next few months with the aim of being up and running by early next year. This follows a new…
