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Vietnam among world’s most attractive retail market

The Hanoitimes – Vietnam is one of the world’s most attractive markets for retail investment, ranking sixth in the Global Retail Development Index (GRDI) of A.T. Kearney in 2017. Many foreign retailers have flocked to the market in the past few years. It was estimated that foreign investors opened more than 100 new convenience stores in […]

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IKEA unpacks plan for new store every year in region

IKANO Private Ltd, which operates IKEA stores in Southeast Asia, yesterday announced an ambitious plan to open one store every year in the region over the next five to 10 years. The company yesterday officially opened its second IKEA store in Bang Yai district of Nonthaburi province. Costing Bt6.3 billion, the store in CentralPlaza WestGate […]

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EU and Cambodia commit to stronger trade relations

Despite recent clashes over the human rights situation in the kingdom, the European Union and Cambodia reaffirmed on Wednesday their commitment to strengthen economic ties and support further integration of the country into regional supply chains. The commitment was made during the 10th Joint Committee Meeting between Cambodia and the EU, which was held in […]

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Philippines: Jan remittances post double-digit growth

Remittances posted a strong start to 2018 with Filipinos working abroad sending home a total of $2.65 billion in January, the Bangko Sentral ng Pilipinas (BSP) reported on Thursday. The result was up 10.8 percent from a year earlier, central bank data showed, beating the 7.9-percent expansion seen in December when personal remittances hit a […]

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Thailand: Tops Daily joins hands with Kerry Express

Tops Daily mini supermarket is partnering Kerry Express – Thailand’s leading parcel express delivery company – to provide “nationwide next-day delivery services”. Tops Daily said that 47 branches countrywide will be opened for such services in March and be expanded to 70 branches after the pilot run. “Tops Daily has recently launched concept services at […]

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