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Indonesia expands retail network in Asia to boost exports

Apart from more than 2,000 retail stores in the Philippines, Indonesia plans to expand the network in Malaysia, Bangladesh, and other Asian countries.

Jakarta (VNA) – Indonesia has opened 2,400 retail stores in the Philippines and plans to expand into Malaysia, Bangladesh, and other Asian countries, Indonesian Trade Minister Budi Santoso said on July 17.

According to Santoso, this expansion of retail outlets across Asia is expected to boost exports to these countries.

He affirmed that the move is part of Indonesia’s service exports, adding establishing retail stores abroad supports the promotion of Indonesian products.

He also noted that the Indonesian government continues to encourage exports in both the goods and services sectors./.

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