Jakarta (VNA) – All 160 7-Elevenconvenience stores in Indonesia closed down on June 30.
Business has become difficult for the USconvenience store chain, with its first outlet opened in Bunlungan, SouthJakarta in 2009.
Modern Internasional – the owner of the 7-Elevenfranchise license – had opened more than 160 outlets before June 2017.
The group operated the chain using a restaurantlicence issued by the Indonesian Tourism Ministry until the operation wasquestioned by the country’s Trade Ministry because 7-Eleven also sold consumergoods.
In 2012, the Trade Ministry sent warning lettersto Modern Internasional, urging the firm to comply with retail regulations.
Indonesian Retailers Association Chairman Roy N.Mandey said the closing of 7-Eleven stores in Indonesia would set a badprecedent for foreign investors.-VNA
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Thailand's Prime Minister Paetongtarn Shinawatra has ordered the urgent implementation of a national policy to crack down on all forms of call centre scams, online fraud, and illegal gambling, which are now considered threats to national security.
Coordinating Minister for Economic Affairs Airlangga Hartarto and EAEU Trade Minister Andrey Slepnev jointly declared the conclusion of FTA talks on the sidelines of the 28th St. Petersburg International Economic Forum (SPIEF 2025), according to the statement.
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The lab focuses on four key thematic areas: energy transition and green innovation, sustainable agriculture, circular economy and sustainable cities, and nature-based solutions and biodiversity.
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Efforts to empower women must transcend dialogue and translate into concrete commitments, including corporate pledges and government partnerships, according to the spouse of Malaysian Prime Minister Anwar Ibrahim.
