Yili Group Builds Largest Ice Cream Factory in Indonesia

Yili Group Builds Largest Ice Cream Factory in Indonesia

PT Yili Indonesia Dairy, a subsidiary of the Yili Group, has just completed its new smart ice cream factory at the Greenland International Industrial Center, Bekasi, West Java. The construction cost around IDR 2 trillion (USD 139 million). The site covers an area of...
Thailand Oil Company Transforming Gas Stations into Retail Hubs

Thailand Oil Company Transforming Gas Stations into Retail Hubs

PTT Oil and Retail Business (PTTOR), the retail arm of Thailand’s state-owned energy giant PTT, has announced that it expects to double its net profit by 2025 as the company moves away from a gas station-based business to one more focused on retail and electric...
First of 9 New Foodpanda Stores Begins Operations

First of 9 New Foodpanda Stores Begins Operations

In December 2021, Foodpanda, the largest food and grocery delivery platform in Asia outside of China, announced the commencement of operations for a new pandamart store in Western Singapore, retailing over 5,000 products ranging from snacks, ready-to-eat meals,...
Skechers USA Expands, Sets Up Subsidiary Office in the Philippines

Skechers USA Expands, Sets Up Subsidiary Office in the Philippines

American footwear and apparel brand, Skechers, ended its distributorship agreement with its local partner in a bid to establish its own presence and directly operate its business in the Philippines under a new entity called Skechers USA Philippines, Inc. The...
Malaysian Retailers into Multi-Channel Partnerships

Malaysian Retailers into Multi-Channel Partnerships

Malaysian retailers continue to strike multi-channel partnership deals with various parties to take advantage of the opportunities brought by pandemic-posed challenges for the traditional channel. This includes Lotuss Stores Malaysia Sdn Bhd (Lotuss Malaysia),...