Ayala Group Archives - Inside Retail Asia

Zalora Indonesia future under a cloud

Is Zalora Indonesia for sale? Fresh after selling off a chunk of the Philippines business, Rocket denies further Asian withdrawal.

SM in bid for Cherry Foodarama

Philippines retail conglomerate SM says it is in talks to buy grocery retailer Cherry Foodarama.

Filipino group to build Myanmar mall

The Philippines’ giant property developer Ayala Group is to build a new mall in Myanmar in a joint venture with local supermarket operator City Mart. The mixed use project will be constructed in Yangon and follows an earlier commitment by Ayala Group to construct a US$30 million residential project in the fast opening-up nation. “I think what City Mart wants to do is they have properties that they want to convert. If I’m not mistaken, they plan retail establishments in Yangon,” Paolo Bor…