Indonesia news

05 February 2013
Temasek Holdings, an Asia investment firm headquartered in Singapore, plans to acquire a 26.1% stake in Matahari Putra Prima, a key player in Indonesia's consumer goods market. International spot light on Indonesia The deal is reported to be worth USD 300m, and is a vote in confidence both for Matahari's future growth potential, and that of the Indonesian retail market, which is being d...
22 January 2013
Indonesian convenience retailer Alfamart has raised its stake in competitor Alfamidi to 54.6% in a deal worth IDR 964.4 billion (USD 100m). Alfamart realising the great potential of Indonesia's convenience channel Convenience is the fastest growing channel in the Indonesian market. Alfamart is a leading operator in the channel, alongside Indomaret and PT Hero's Starmart. Alfamart's la...
09 January 2013
Japanese convenience retailer Lawson announced growth in operating revenue of 3.2% to JPY 372,266m for Q3 2012. This was achieved in challenging trading conditions both at home and in its key overseas market, China. Strategies for growth in a challenging domestic market Facing the challenges of deflation and increasing competition in its domestic market, Lawson is focused on improving stor...