Thailand’s Makro opens its supermarket in Cambodia
Thai wholesaler Makro opened its first supermarket in Phnom Penh last Sunday, providing one-stop solution to a wide range of businesses. The new supermarket is joint venture between Siam Makro, which operates more than 100 stores in Thailand, and Cambodia’s LYP Group Company Limited. Makro Cambodia will sell food and non-food products primarily to registered members, including small and medium-sized businesses, retailers, caterers, and public institutions. Open every day from 6am to 10pm, it will offer more than 10,000 different products. Suchada Ithijarukul, the CEO of Siam Makro, said good governance and social responsibility is an integral part of their business model, they will work with local farmers and SMEs to source their stock. Makro will improve living conditions in the Kingdom by bringing in higher quality food at affordable prices, she said, adding that respect for the environment is also a key component of their operations in Cambodia. (Source: Khmer Times)