Indonesia

South Korean retailer Lotte Shopping, a subsidiary of conglomerate Lotte Group, has announced plans to acquire a 75% stake in the Indonesian subsidiary of Dutch wholesaler SHV Makro.... 2008-10-09

Indonesia's leading food company, PT Indofood Sukses Makmur, is expanding its branded consumer products division via the acquisition of a 69% stake in dairy producer PT Indolakto.... 2008-09-25

Finnish food and ingredients group Raisio is to unveil a new range of beverages, containing the functional ingredient Benecol, on to the Indonesian market in tandem with partner Kalbe... 2008-09-18

Indonesia is planning to sell up to 30% of state plantation PTPN III in an initial public offering, as it seeks funds to fuel economic

Indonesian retailer Matahari has seen sales increase by 24.6% for the first six months of the year to reach IDR5.2trn (US$572.6mn), driven by the company's supermarket

Russian baby food specialist Nutritek Group is targeting a 26% sales increase over the next two years on the back of expansion throughout South East Asia. Nutritek plans to lift sales... 2008-08-01

Indonesia's leading food company PT Indofood Sukses Makmur Tbk has confirmed that it retains further cost-cutting opportunities as it seeks to ward off the need for an additional... 2008-07-14

Dutch wholesaler SHV Makro has revealed plans to offload its stake in Indonesian subsidiary PT Makro Indonesia. The planned divestment follows the late 2007 sale of Makro's eight... 2008-07-10

Diversified Indonesian retailer PT Ramayana Lestari Sentosa Tbk has joined the increasingly competitive battle for the country's lucrative grocery retail number two spot with the... 2008-06-10

Indonesian retailer Matahari Putra Prima has announced ambitious plans for its hypermarket business on the back of strong 2007 sales growth. Group sales for the year climbed by 15.3%... 2008-03-28