Indonesia

Indonesian food giant Indofood Sukses Makmur has announced mixed first quarter financial results. The company's sales climbed by 0.7% to IDR8.91trn (US$858.6mn) - a modest but notable... 2009-05-08

Indonesian food company Indofood Sukses Makmur has posted strong 2008 financials, with sales growth achieved across all operating segments. However, concerned about the impact of... 2009-03-27

Buoyed by its late 2008 acquisition of Makro, new entrant Lotte Shopping has unveiled a INR9trn (US$806mn) four-year expansion plan for the Indonesian mass grocery retail (MGR) market.... 2009-01-22

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

French retail giant Carrefour's January acquisition of a 75% stake in Indonesia's third largest retailer, PT Alfa Retailindo, has prompted the country's Business Competition Supervisory... 2008-09-09

Indonesia's Finance Ministry has moved to quell fears that a month of dusk-to-dawn fasting during Ramadan, followed by the Eid al-Fitr festivities, will stoke already high food price... 2008-09-05

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