Retail in Asia

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Alfamart to open 160 Philippine outlets by year-end

The operator of Indonesia’s Alfamart chain of minimarts plans to open 160 stores in the Philippines by the end of this year as part of a regional expansion program.

"The company has opened 60 Alfamart outlets in the Philippines [to date]," Hans Prawira, the president director of Sumber Alfaria Trijaya, said in a statement on Wednesday.

He said the company, through a subsidiary, Alfamart Retail Asia, would open 100 additional outlets in the country in the second half of this year to strengthen its presence in the region and help boost Indonesian exports.

(Source: Jakarta Globe )