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Retailers suffer as Indonesians choose travel over shopping

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 Insights

07-Feb-18 Following in the footsteps of Debenhams, Clarks and Gap are counting their last days in Indonesia, following sales declines of 50% from 2015. However, while household consumption continues to decline, domestic airline passengers in 2017 grew 11% from 2015. [image:Wataru Suzuki / Nikkei Asian Review]

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Malaysia’s IHH, Temasek eye majority stake in Medanta

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 Insights

06-Feb-18 Malaysia’s IHH Healthcare and Singapore investor Temasek Holding are in separate discussions to acquire controlling interest in India's Global Health, the parent of Naresh Trehan-founded Medanta hospitals, in a deal valued at around USD900 mn. [image: ET Healthworld]

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