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NEWS UPDATES Asean Affairs   1 October 2013  

Lucky supermarket opens three more branches

Cambodia: Amid growing urbanisation, Lucky Supermarket opened three more branches in Phnom Penh’s suburbs over the weekend, targeting a new consumer base living around the city.

Richard Seah, chief executive officer of parent company DFI Lucky Private Limited, said that customers have traditionally had to travel from suburban areas to purchase goods at Lucky in Phnom Penh.

“There are a lot of opportunities [in suburban areas] so that we are expanding outside of Phnom Penh,” Seah said. “It is a very good market to develop and grow.”

With the additional branches, Lucky now counts 10 outlets in Phnom Penh, including one mini-mart at Koh Pich. The new outlets are located at Young Shopping Mall along National Road 6A near the Cambodian-Japanese Friendship Bridge; at New Stung Meanchey Market; and on National Road 21, about 500 metres from Takhmao circle.

Seah said each branch cost about $700,000, including construction, equipment and imported goods.



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ASEAN  ANALYSIS

This year in Thailand-what next?

AseanAffairs   04 January 2011
By David Swartzentruber      

It is commonplace in journalism to write two types of articles at the transition point between the year that has passed and the New Year. As this writer qualifies as an “old hand” in observing Thailand with a track record dating back 14 years, it is time take a shot at what may unfold in Thailand in 2011.

The first issue that can’t be answered is the health of Thailand’s beloved King Bhumibol, who is now 83 years old. He is the world's longest reigning monarch, but elaborate birthday celebrations in December failed to mask concern over his health. More

 


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