Indonesia

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

Indonesian supermarket, hypermarket and convenience retailer PT Hero Supermarket Tbk has announced strong 2007 financial results. The retailer, which is owned by Hong Kong firm Dairy... 2008-02-29

The Indonesian government has announced a six-month subsidy programme for local producers of tofu and tempeh (soybean cakes) after spiralling soybean prices threatened the livelihood... 2008-02-06

PT Indofood Sukses Makmur, Indonesia's leading food processing company and the world's largest instant noodle manufacturer, has announced impressive financial results for the first... 2007-05-02

Speculation has started to mount that German wholesale major Metro Group is to unveil a US$500mn market entry investment for the Indonesian cash-and-carry sector. Separate reports... 2007-04-02

Indonesian retailer Matahari, the country's second-largest retail group, has announced that its 2006 net profits fell by 28% to IDR160.50bn (US$17.4mn) due to higher financial charges... 2007-03-13