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  • PHL’s Formoso new chairman of Asia-Pacific retail organization In Photo: Turkish Council of Shopping Centers and Retailers Chairman Mehmet T. Nane (left), CEO of CarrefourSa, outgoing chairman of the Federation of Asia Pacific Retailers Associations (Fapra), formally turned over the Fapra chairmanship to Philippine Retailers Association PRA President Lorenzo “Enchong” C. Formoso (right), COO of Duty Free Philippines, during elaborate rites at the recently concluded Asia Pacific Retailers Convention and Exhibition 2015—the biggest and most important retail industry event in Asia Pacific—which Manila hosted late last year. The Fapra is composed of the acknowledged national retailers group in 18 member-economies—Australia, China, Chinese Taipei, Fiji, Hong Kong, India, Indonesia, Japan, Korea, Malaysia, Mongolia, Myanmar, New Zealand, the Philippines, Singapore, Thailand, Turkey and Vietnam. Formoso will be the federation’s steward for the next two years.

    (Source: Business Mirror | February 2, 2016) The Philippines now takes the leadership role in charting the development direction of the Federation of Asia Pacific Retailers Associations (FAPRA) in the next two years with the recent assumption of the Philippine Retailers Association (PRA) President Lorenzo C. Formoso as chairman of the …

Other News

DoubleDragon plans to raise P10B retail bonds

DoubleDragon plans to raise P10B retail bonds

(Source: Manila Bulletin | 21 July 2016) DoubleDragon Properties Corporation is planning to raise[Read more ...]
Singapore's OUE Downtown mall to offer bold retail concepts

Singapore's OUE Downtown mall to offer bold retail concepts

(Source: Retail in Asia |18 July 2016) Social kitchens, lunch lockers and boutique fitness studio[Read more ...]
McDonald's Philippine targets 900 stores

McDonald's Philippine targets 900 stores

(Source: Inside Retail Asia | 19 July 2016) Local franchisee, Golden Arches Development, expects [Read more ...]
 

Local News

  • DoubleDragon plans to raise P10B retail bonds 377681_483811918342604_2139343165_n

    (Source: Manila Bulletin | 21 July 2016) DoubleDragon Properties Corporation is planning to raise another P10 billion from the local financial market, this time from the issuance of long-term retail bonds, to finance its construction of 1 million square meters of community malls. In an interview after the firm’s annual …

Industry News

  • Singapore’s OUE Downtown mall to offer bold retail concepts Retail-in-Asia-Singapore-OUE-Skyline-770x514

    (Source: Retail in Asia |18 July 2016) Social kitchens, lunch lockers and boutique fitness studios are just some of the new concepts launching at Singapore‘s upcoming mall at OUE Downtown. The former DBS Building is currently being redeveloped into a mixed-use project comprising offices, serviced apartments and a $195 million …

FAPRA News

  • Interview with FAPRA Chairman & PRA President during the 50th Supermarket Trade Show 2016 IMG_0562

    (Source: Gekiryu, KOKUSAI SHOGYO Publishing Corp.) Delegates from the Federation of Asia-Pacific Retailers Association (FAPRA) had a special interview for the Japanese distribution industry journal “Gekiryu” on the 50th Supermarket Trade Show 2016 (February 10-12, 2016) hosted by the New Supermarket Association of Japan.   Interview with Mr. Lorenzo C. …

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