The Hanoitimes – The deal is in line with Vingroup`s target of having 200 VinMart supermarkets and 4,000 VinMart+ convenience stores by 2020. VinCommerce, a subsidiary of Vietnam’s largest privately-run conglomerate Vingroup, has completed the acquisition of the supermarket chain Fivimart from Nhat Nam Trade Company, according to local media reports. On September 27, Aeon, a […]
Read MoreIndonesia’s fruit exports increased by 24 percent in September from the same month last year, according to the Agriculture Ministry. The ministry’s fruit and floriculture director, Sarwo Edhy, said that most export recipients were non-tropical countries, where demand had shifted toward organic fruits. “Our top fruit exports included mangoes, bananas, snake fruits, oranges, mangosteen, pineapples and rambutans,” said Sarwo on Friday as reported by kontan.co.id. At […]
Read MoreMAINBOARD-LISTED telco Singtel has signed a memorandum of understanding (MOU) with its wholly owned subsidiary Optus and its regional associates – Airtel, AIS, Globe and Telkomsel – to grow the gaming and e-sports ecosystem in South-east Asia, Australia and India. The MOU was signed at the PVP Esports Championship held from Oct 5-7. The championship, in its […]
Read MoreDESPITE international pressures on the government driven by ongoing conflicts in Rakhine State, Myanmar’s economy is projected post 7.1 per cent growth this year and 7.4 per cent next year, according to Hoe Ee Khor, chief economist of Asean+3 Macroeconomic Research Office (AMRO). At AMRO’s first-ever press conference in Myanmar on Friday afternoon, Hoe said […]
Read MoreMalaysia’s national reserves dropped by US$900 million between Sep 14 and Sep 28. Malaysia’s gross international reserves dipped to US$103 billion as of Sept. 28, from $103.9 billion as of Sept. 14, the central bank said on Friday. The reserves were sufficient to finance 7.4 months of retained imports, and were 0.9 times the short-term […]
Read MoreVehicles as well as auto parts and accessories topped Thai shipments to Asean in the first eight months of this year, valued at Bt164.8 billion, according to figures from the Department of Foreign Trade. Among the top five exports to the region, the auto sector was followed by fuels, plastics, chemical products, and machinery and […]
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