Nielsen Reports Positive FMCG Sales Growth in Vietnam

According to a recent Nielsen study named “What’s Next for South-East Asia”, Southeast Asian convenience stores recorded an 8.3% FMCG sales growth last year, with Vietnam reaching the second largest growth in the region (13%), exceeded only by Malaysia (17%). Even...

Tokopedia Expanding E-Commerce Services to Keep Rivals at Bay

Indonesian e-commerce giant Tokopedia is expanding its one-day delivery guarantee to nearly all of its products in a move to keep rivals at bay. While the 100% Indonesia focused company already offers same-day or one-day delivery for approximately 65% of its products,...
Coca-Cola Amatil Supported Accelerator Launches in Indonesia

Coca-Cola Amatil Supported Accelerator Launches in Indonesia

Coca-Cola Amatil (CCA), one of the world’s larger bottlers of The Coca-Cola Company range, has announced plans to expanding its start-up accelerator platform Amatil X to Indonesia. The Coca Cola Company holds a 30.8% stake in CCA. CCA is headquartered in Australia and...
Harvey Norman Expands Footprint in Malaysia

Harvey Norman Expands Footprint in Malaysia

Australia-based MNC retailer of furniture, bedding, computers, communications and consumer electrical products, Harvey Norman has opened a new outlet in Miri, Sarawak on the third of May, with hundreds of special deals and promotions accompanying the launch. According...

Phoenix Petroleum Plans to Convert Circle K to FamilyMart Stores

Phoenix Petroleum Philippines Inc, through its wholly-owned subsidiary Philippine FamilyMart CVS Inc, announced that it is in negotiation to acquire the assets of convenience store chain Circle K in the country. Circle K in the Philippines is operated by Super 8...