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Metro (department Store)
Metro is an Indonesia based chain department store selling cosmetics, apparel and fashion accessories. Founded by Ong Tjoe Kim in 1953, Metro currently has 12 outlets located across Indonesia and 2 in Singapore . History Metro's founder Ong Tjoe Kim originally from Fujian, China, migrated to Indonesia when he was a teenager. He joined the Toko Dezon department store and worked his way up to a managerial position. In 1952, Ong decided to venture out on his own and eventually opened the first Metro store in 1953 in Surabaya, Indonesia. Ong chose the name, Metro, after his love for movies made by film studio, Metro-Goldwyn-Mayer. Metro opened its first Singapore-based outlet in 1957, at the site that is now the Singapore Treasury Building, after Ong migrated from Indonesia to Singapore, pitching its business at the wealthy housewives of Indonesia and Singapore. A department store was opened in Hong Kong in 1960. The first Metro branch under the name of Metrotex opened in Liat Towe ...
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Metro Retail Stores Group
Metro Retail Stores Group Inc. (stylized as METRO Retail Stores Group Inc., shortly known as Metro Retail or Metro) is a retail company based in Mandaue, Philippines. According to a 2014 report by Euromonitor, Metro is the largest operator of department stores and hypermarkets in the Visayas region, as well as the second largest supermarket operator according to retail sales value. History In the 1970s, Modesta Gaisano established White Gold Department Store in Cebu City. After her death in 1981, her five sons - David, Stephen, Henry, Victor and John, pursued their respective business interests by operating their respective retail operations. Victor Gaisano and his wife, Sally, founded the Metro Retail Stores Group in 1982 with the establishment of the Metro Gaisano Department Store and Supermarket. The group expanded to major cities outside Cebu by opening stores in key cities in Central, Western and Eastern Visayas, as well as in Central Luzon, Metro Manila and South Luzon. ...
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Subsidiary
A subsidiary, subsidiary company or daughter company is a company owned or controlled by another company, which is called the parent company or holding company. Two or more subsidiaries that either belong to the same parent company or having a same management being substantially controlled by same entity/group are called sister companies. The subsidiary can be a company (usually with limited liability) and may be a government- or state-owned enterprise. They are a common feature of modern business life, and most multinational corporations organize their operations in this way. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, or Citigroup; as well as more focused companies such as IBM, Xerox, and Microsoft. These, and others, organize their businesses into national and functional subsidiaries, often with multiple levels of subsidiaries. Details Subsidiaries are separate, distinct legal entities f ...
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Surabaya
Surabaya ( jv, ꦱꦸꦫꦧꦪ or jv, ꦯꦹꦫꦨꦪ; ; ) is the capital city of the Provinces of Indonesia, Indonesian province of East Java and the List of Indonesian cities by population, second-largest city in Indonesia, after Jakarta. Located on the northeastern border of Java island, on the Madura Strait, it is one of the earliest port cities in Southeast Asia. According to the Government of Indonesia, National Development Planning Agency, Surabaya is one of the Regions of Indonesia#Development regions, four main central cities of Indonesia, alongside Jakarta, Medan, and Makassar. The city has a population of 2.87 million within its city limits at the 2020 census and 9.5 million in the extended Surabaya metropolitan area, making it the List of metropolitan areas in Indonesia, second-largest metropolitan area in Indonesia. The city was settled in the 10th century by the Janggala, Kingdom of Janggala, one of the two Javanese kingdoms that was formed in 1045 when ...
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Indonesia
Indonesia, officially the Republic of Indonesia, is a country in Southeast Asia and Oceania between the Indian and Pacific oceans. It consists of over 17,000 islands, including Sumatra, Java, Sulawesi, and parts of Borneo and New Guinea. Indonesia is the world's largest archipelagic state and the 14th-largest country by area, at . With over 275 million people, Indonesia is the world's fourth-most populous country and the most populous Muslim-majority country. Java, the world's most populous island, is home to more than half of the country's population. Indonesia is a presidential republic with an elected legislature. It has 38 provinces, of which nine have special status. The country's capital, Jakarta, is the world's second-most populous urban area. Indonesia shares land borders with Papua New Guinea, East Timor, and the eastern part of Malaysia, as well as maritime borders with Singapore, Vietnam, Thailand, the Philippines, Australia, Palau, and India ...
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Jakarta
Jakarta (; , bew, Jakarte), officially the Special Capital Region of Jakarta ( id, Daerah Khusus Ibukota Jakarta) is the capital and largest city of Indonesia. Lying on the northwest coast of Java, the world's most populous island, Jakarta is the largest city in Southeast Asia and serves as the diplomatic capital of ASEAN. The city is the economic, cultural, and political centre of Indonesia. It possesses a province-level status and has a population of 10,609,681 as of mid 2021.Badan Pusat Statistik, Jakarta, 2022. Although Jakarta extends over only , and thus has the smallest area of any Indonesian province, its metropolitan area covers , which includes the satellite cities Bogor, Depok, Tangerang, South Tangerang, and Bekasi, and has an estimated population of 35 million , making it the largest urban area in Indonesia and the second-largest in the world (after Tokyo). Jakarta ranks first among the Indonesian provinces in human development index. Jakarta's busin ...
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Singapore
Singapore (), officially the Republic of Singapore, is a sovereign island country and city-state in maritime Southeast Asia. It lies about one degree of latitude () north of the equator, off the southern tip of the Malay Peninsula, bordering the Strait of Malacca to the west, the Singapore Strait to the south, the South China Sea to the east, and the Straits of Johor to the north. The country's territory is composed of one main island, 63 satellite islands and islets, and one outlying islet; the combined area of these has increased by 25% since the country's independence as a result of extensive land reclamation projects. It has the third highest population density in the world. With a multicultural population and recognising the need to respect cultural identities of the major ethnic groups within the nation, Singapore has four official languages: English, Malay, Mandarin, and Tamil. English is the lingua franca and numerous public services are available only in Eng ...
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Chairul Tanjung
Chairul Tanjung (born 18 June 1962) is an Indonesian businessman. He is the former Coordinating Minister for Economics in the Indonesian cabinet. He was appointed to this post by President Susilo Bambang Yudhoyono on 19 May 2014 following the resignation of the previous Coordinating Minister for Economics, Hatta Rajasa, who resigned to take part in Indonesia's 2014 presidential election. In 2021, he had an estimated net worth of $4.1 billion. Early life Chairul Tanjung was born in Jakarta to A.G. Tanjung and Halimah. His father, a reporter, had established a magazine company, which was shut down by the Suharto regime, resulting in A.G. Tanjung having to sell the family's large house and cars to cover debt, and the family moved into a small apartment. Chairul graduated from Boedi Oetomo Senior High School in 1981. He obtained a bachelor's degree at the Faculty of Dentistry, University of Indonesia. He was named a "national noble student" in 1984 and 1985. While studying, he and his t ...
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Department Store
A department store is a retail establishment offering a wide range of consumer goods in different areas of the store, each area ("department") specializing in a product category. In modern major cities, the department store made a dramatic appearance in the middle of the 19th century, and permanently reshaped shopping habits, and the definition of service and luxury. Similar developments were under way in London (with Whiteleys), in Paris (Le Bon Marché) and in New York ( Stewart's). Today, departments often include the following: clothing, cosmetics, do it yourself, furniture, gardening, hardware, home appliances, houseware, paint, sporting goods, toiletries, and toys. Additionally, other lines of products such as food, books, jewellery, electronics, stationery, photographic equipment, baby products, and products for pets are sometimes included. Customers generally check out near the front of the store in discount department stores, while high-end traditional department sto ...
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Plaza Senayan
Plaza Senayan is a shopping mall located in Central Jakarta, Indonesia. The mall is a few minutes by car from the Semanggi area; offering shops and services such as designer goods and gourmet food. In January 2017, Forbes recognized Plaza Senayan as one of the top five shopping malls in Jakarta. Shops and facilities Plaza Senayan is a three-storey shopping mall with two interconnected department stores on its two sides, Metro Department Store at the south end and Sogo Department Store on the north. The department stores are four or five storeys with a basement. Plaza Senayan is also home to the nation's second largest foreign bookstore, Books Kinokuniya (closed in 2021). after Times Bookstore in Lippo Village (Lippo Karawaci) West Jakarta. This shopping mall is best known for its distinctive giant musical clock installed in the middle lobby. The clock plays its jingle at every hour and accompanied by animated musical figures moving in rhythm with the song. This musical clock ...
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Parkson
Parkson Holdings Berhad (doing business as Parkson; ; ) is an Asian-based department store operator with an extensive network of 131 stores as of 2017, spanning approximately 2.1 million m2 of retail space across cities in Malaysia, China, Vietnam, Laos and Myanmar. Stores in Malaysia Parkson opened its first store at Sungei Wang Plaza in 1987. Since then, new stores have been rolled out across the country at approximately two stores per annum over the past 27 years. The flagship store, Parkson Pavilion, was opened in 2007. As of 29 July 2021, Parkson has 41 stores in Malaysia (38 Parkson, 3 Parkson Elite). Parkson is on a consolidation journey, recently closing down its Maju Junction stall in Kuala Lumpur but opening the Parkson M Square Mall, a retail and lifestyle hub in Puchong, which is closed 18 months of operating. Stores outside Malaysia China In 1994, Parkson opened its first department store in Beijing. Parkson is one of the first foreign department store chains to e ...
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CT Corp
CT Corp (formerly known as Para Group) is one of Indonesia's largest diversified group of companies. The group was founded by Chairul Tanjung in 1987. CT Corp operates consumer-centric businesses nationwide across four key divisions: financial services, media, retail, and property / entertainment. History Early History CT Corp started out as a small children's shoes export business with capital of Rp 150 million, which Chairul Tanjung obtained from Bank Exim. Financial Services In 1996, CT Corp acquired Mega Bank and changed its name to Bank Mega. CT Corp also took over Bank Tugu and changed its name to Bank Mega Syariah. After several years, Bank Mega then listed in the Indonesia Stock Exchange on 28 March 2001 for Rp. 1,125 per share. Since then, Bank Mega has continued to be CT Corp's largest cash flow generator. CT Corp's financial services arm continues to grow. It launched one of Indonesia's largest digital bank, Allo Bank (IDX: BBHI) on 20 May 2022. Media CT Co ...
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Rajawali Corporation
PT Rajawali Corpora (RC) is an Indonesian holding company based in Jakarta, Indonesia. The corporation was formerly established in 1984 by Peter Sondakh as PT Rajawali Wira Bhakti Utama. Throughout the decades, Rajawali has developed into a regional player in several major business ventures and portfolios; ranging from Agriculture, Infrastructure, Information & Technology, Consumer Goods, Media & Communication, Mining & Resources, Property & Hotels, Retail, and Transportation Services. In 2004, the chairman and CEO of Rajawali Corpora, Peter Sondakh, founded Rajawali Foundation (RF) as the philanthropic arm of Rajawali Corpora. The mission of RF is to promote peace, prosperity and the conservation of Indonesia's natural heritage through support for research, education and training. The foundation's emphasis on education reflects Mr. Sondakh's view that knowledge, skills and creativity are the true foundations of equitable and sustainable economic development. Business units * P ...
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