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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

Vietnam attracts foreign investors as electronics retail industry booms

Vietnam attracts foreign investors as electronics retail industry booms

(Source: Tech Wire Asia | 24 August 2016) Foreign direct investors have been flocking to Vietnam [Read more ...]
Henry Sy still richest in PH - Forbes Asia

Henry Sy still richest in PH - Forbes Asia

(Source: Philippine Daily Inquirer | 25 August 2016) Tycoon Henry Sy remained as the wealthies[Read more ...]
Jollibee, Puregold, RRHI on Asia's "Fabulous 50" list

Jollibee, Puregold, RRHI on Asia's "Fabulous 50" list

(Source: Philippine Daily Inquirer | 25 August 2016) Homegrown fast-food giant Jollibee Foods Cor[Read more ...]
 

Local News

  • Henry Sy still richest in PH – Forbes Asia henry-sy-1024x708

    (Source: Philippine Daily Inquirer | 25 August 2016) Tycoon Henry Sy remained as the wealthiest person in the Philippines for the ninth year in a row, based on the annual ranking of Forbes Asia magazine. Sy topped the annual ranking with an estimated net worth of $13.7 billion, followed by industrialist …

Industry News

  • Vietnam attracts foreign investors as electronics retail industry booms vietnam

    (Source: Tech Wire Asia | 24 August 2016) Foreign direct investors have been flocking to Vietnam due to a fast-growing retail industry driven by the electronics sector, as growth in their own home countries have slowed. Vietnam welcomed an estimated US$13 billion of newly registered capital,according to the VnExpress, in the …

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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