Tuesday 27 January 2015
Southeast Asia

LuLu enters SE Asia with $500m expansion plan

UAE-based LuLu Group, one of the fastest growing retail chains in the world, has set its eyes on Southeast Asia, with plans to open hypermarkets in Malaysia and Indonesia as part of a $500 million expansion strategy in Asia, a report said.


Singapore firm buys into Drydocks SEA unit

Singapore-based Pacific Carriers said it has entered into an agreement with Dubai's ship building unit Drydocks World to acquire a 67 per cent stake in its Southeast Asian venture, Drydocks World-Southeast Asia (DDW-SEA). Dryd


Appetite growing for SE Asia food stocks

Southeast Asian food makers are reporting a sharp rise in demand on the back of a recovering global economy and rising incomes, suggesting the region's food-related shares may have more room to climb. From wealthy Singapore to the rapi


Drydocks SE Asia eyes $800m in 2010 revenue

Ship and rig builder Drydocks World is aiming to generate $800 million worth of sales from Southeast Asia this year, steady from 2009 as the offshore marine industry stabilises after the financial crisis, said a top executive. Denis Welch,

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