Indonesian retailer Alfamart to expand PHL chain

 News
May 192017
 

The Alfamart chain of convenience stores is set to nearly double its presence in the Philippines with an additional 200 stores.

Alfamart

Indonesian operator Sumber Alfaria Trijaya (SAT) currently operates 210 stores in the Philippines in a joint venture with SM Investments.

SAT President Hans Prawira announced the expansion plans of the store chain saying it sees the Philippines as an untapped market for smaller than traditional convenience stores.

"The characteristics of the [Philippines] market are similar [to Indonesia]. The difference is that there are not many minimarkets in the Philippines. So it's like a blue ocean," Prawira said in an Nikkei Asian Review report.

Sixty of the planned new Alfamart outlets were already added in the first quarter of the year according to SAT. The company aims to operate 400 outlets in two years to make the chain profitable.

SAT’s stakes in the Alfamart Philippines venture with SM which started in 2014, is at 35%.

 

The post Indonesian retailer Alfamart to expand PHL chain appeared first on Good News Pilipinas.

Related posts:

  1. PHL among world’s best in Coastal Cleanup initiative
  2. Google, Int’l SOS to expand Philippine workforce
  3. US think tank: PHL most resilient emerging economy
  4. Coca-Cola to pour in 1.2 billion dollars in PHL expansion

Pinoy lead massive coastal cleanup in Al- Khobar

 News
Mar 162017
 
Pinoy lead massive coastal cleanup in Al- Khobar

Overseas Filipino workers and their families banded together to hold a massive coastal cleanup drive at the Corinche and along the city’s beach in Al-Khobar, Saudi Arabia. All Filipino Community and Sports Commission [by Edmund B. Cajeras via Facebook] The campaign was lead by four organizations including the umbrella group, All Filipino Community and Sports Commission (AFCSCOM), Bantay at Kasangga ng OFW, the Filipino Association of Beauticians, and the New Start Health Organization as part of their project to keep the Eastern Province beaches clean and safe for the marine life. A hundred garbage bags were collected and disposed with the help of the Al-khobar municipality who provided the trucks that drove away the trash. According to Florante Catanus, AFSCOM Vice President for Sports Affairs, members of the organization were committed to help the local authorities to clean up the venue. “Saudi Arabia is our second home and Corniche is the most visited place where Filipinos with their families spent their leisure time. It is our way of saying thank you to the host country.” Catanus told the Saudi Gazette. AFSCOM and other OFW organizations are conducting similar drives in other parts of the region including Jubail, Qatif and Dammam. Other groups like Alpha Phi Omega Riyadh Alumni Association conducted a blood donation drive at King Fahd Medical City with nationals as beneficiaries.   The post Pinoy lead massive coastal cleanup in Al- Khobar appeared first on Good News Pilipinas. Related posts: Advocacies of Pinoy family heroes hailed by Jollibee Read More …