Mon, 26 Mar 2007
Carrefour, the largest hypermarket operator in the country, plans an additional investment of $207 million to open 10 new outlets in 10 provincial capitals in the country.

The French retailer, which already has 29 outlets in eight other provincial cities, has secured the license from the government to open the new outlets, Antara reported on Wednesday (21/3/07).

In the Greater Jakarta area alone including Jakarta, Bekasi, Bogor, and Tangerang, it has 20 outlets, a company source told Bisnis Indonesia.



Mon, 26 Mar 2007
From: JakChat
Comment by doremi
Kuku, do you know if Carrefour owns the buildings or lease in Indonesia? I read recently about a majority shareholder (French national) wants to sell most of Carrefour's properties worldwide and lease them back to Carrefour. WalMart is doing the same thing for tax credit; apparently owning properties is not a beneficial as leasing.



News Search/Filter
Transaction Rates
23 Oct 17
Buy
Sell
BTC1
79,282,168
79,282,168
Taxation Exchange Rates
31 Aug 16 - 06 Sep 16
USD 1
13,232.00
AUD 1
10,043.30
CAD 1
10,213.70
DKK 1
1,999.40
HKD 1
1,706.22
MYR 1
3,283.28
NZD 1
9,623.63
NOK 1
1,605.23
GBP 1
17,433.70
SGD 1
9,757.68
SEK 1
1,569.45
CHF 1
13,631.10
JPY 100
13,101.00
MMK 1
11.01
INR 1
197.29
KWD 1
43,920.70
PKR 1
126.23
PHP 1
285.00
SAR 1
3,528.53
LKR 1
91.12
THB 1
382.08
BND 1
9,756.53
EUR 1
14,885.50
CNY 1
1,987.61

Okusi Associates: Indonesian Business & Management Services