Ikea Indonesia opened its second outlet in Sentul City, Bogor, West Java on 28th November 2019. The intention is to open two more outlets in 2020, one in Cakung, East Jakarta and another in Bandung as part of their long-term expansion plan in Indonesia. Patrik Lindvall, a Swedish counterpart of PT Hero Supermarket’s board of…
The Embassy of Indonesia to Sweden and the Embassy of Sweden to Indonesia, invite all to participate in a logo design competition as part of the celebration of the 70th Anniversary of Diplomatic Relations between Indonesia and Sweden. Specification and requirements are: 1. Logo formats: PDF or EPS (full colour and grayscale), resolution 300 dpi…
IKEA has recalled MATVRÅ Blue/Red 2-pack bib for children worldwide as there is a choking risk, the company has announced in a press release. This includes the firm’s retail stores in Asia including Thailand, Singapore, Hong Kong and Malaysia. The hazard was discovered through two incidents in Norway and the UK respectively, where the button…
IKEA has seen better times in Singapore, which just presented the results for fiscal 2019 ended 31 August. With a turnover of S$341 it is S$1 million lower than this time last year equaling a 0.3 percent decrease according to The Business Times. “The overall healthy and largely flat turnover was in line with our…
Swedish IKEA is planning an investment of 1.41 billion USD in the Chinese market, the company announced at a press briefing in Beijing on 22 August 2019 according to Yicai Global. The investment is the largest annual investment budget of IKEA in China in the history of the company and it is even expected to…
Swedish IKEA has announced a new partnership with Chinese Xiaomi. IKEA has teamed up with the Chinese home technology brand Xiaomi in order to make IKEA Smart Lighting available in China, according to IKEA. IKEA Smart Lighting is a system that makes it possible for users to change the mood of the light. As an…
After 20 years, IKEA and Swedish University of Agricultural Sciences have replanted three million rainforest trees in Luasong, Malaysia, to restore 18,000 hectares of severely degraded rainforest. Ulf Johansson, Global Wood Supply and Forestry Manager, Ikea, said the 20-year project was successful with the replantation and enrichment of the area completed, according to The Borneo…
Swedish furniture giant IKEA has on 21 November announced they will cut 7500 jobs worldwide in a shift toward smaller stores and more online shopping. Even though 7500 employees will lose their job, the new shift will in the coming two years create 11,500 new jobs globally, according to IKEA. That will happen by opening…
Swedish furniture company IKEA has announced the opening of the first IKEA store in the Philippines in 2020. The new store in the Philippines will be the biggest IKEA store in the world, according to the Embassy of Sweden in Manila. Swedish Ambassador Harald Fries joined IKEA Southest Asia Managing Director Christian Rojkjaer and IKEA…
SwedCham’s Sustainability Committee has initiated a new campaign to aid Singapore’s transformation to become a more environmentally sustainable society. First event of the campaign will take place on 1-2 September at IKEA. The new campaign #tripleRhero will create a movement to improve waste management in Singapore and to promote initiatives related to the three R’s;…
