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Proposed Indonesian airport retail partnership collapsesProposed Indonesian airport retail partnership collapses
Gavin Lipsith
15-Oct-2006
INDONESIA/PHILIPPINES. The proposed joint venture between Jakarta Sukarno-Hatta International airport retailer PT Fortune Star Duty Free and Landmark Duty Free owner Philippine Regent Asia Group has broken down
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Under the deal, Philippine Regent Asia would have assumed management control of the Indonesian retailer, but PT Fortune Star president John Halim recently sent a letter to suppliers and trade
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(31-Aug-2006) - PHILIPPINES/INDONESIA. Philippine Regent Asia Group, the holding company of Landmark Duty Free, is to assume management control of Indonesian operator PT Fortune Star Duty Free and subsidiary PT Dian Suksestama from October 1
(5-Feb-2007) - After a long search for a management partner, Fortune Star believes the Malaysian group will help achieve its ambitious expansion plans
(23-Oct-2003) - INDONESIA. A new duty-free operator is to begin trading at Jakarta Soekarno-Hatta International airport early next year. PT Angkasa Pura Schiphol is a joint venture between airport authority Angkasa Pura II and Schiphol International.
(1-Nov-2005) - Indonesian airport operator PT Fortune Star is helping sister company JJ Multi Utama to gain sales and distribution for its Toraja coffee range by stocking it in the four shops it runs in departures and arrivals at Jakarta airport
(6-Nov-2002) -