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Makro explores new wholesale frontier in India
Asia focus, Erich Parpart, Published on 19/02/2018
» Bangkok-based Siam Makro, part of US$50-billion Charoen Pokphand (CP) Group, has entered the cash-and-carry wholesale business in India with the launch of LOTS Wholesale Solutions, believing that this huge new market will one day surpass its business at home.
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Set sheds another 2.2% as Asian sentiment subdued
Business, Published on 07/12/2015
» Recap: Asian stocks retreated last week, weighed down by negative factors including downbeat Chinese factory data, signals from Federal Reserve Chair Janet Yellen that an interest-rate increase this month is all but certain, and the smaller-than-expected scale of new stimulus by the European Central Bank. In Thailand, rumours in social media that the European Union (EU) had imposed sanctions against the country triggered panic selling.
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