COSTA del Hamilo Inc. (CDHI) wants buyers of Freia to maximize the comforts and benefits it offers whether for weekend gatherings or a getaway address.

Ikea, the largest furniture retailer on a global scale, was attracted to the Philippines booming economy, and strong housing and condominium market that it decided to build its world’s largest store in Manila.

On Tuesday SMHCC executives led by its EVP Peggy Angeles broke ground for the construction of the SMX Convention Center Clark and the 100 additional rooms for Park Inn Hotel by Radisson Clark.

COSTA del Hamilo Inc. (CDHI) wants buyers of Freia to maximize the comforts and benefits it offers whether for weekend gatherings or a getaway address.

Swedish furniture maker Ikea is putting in P7 billion (S$183 million) worth of initial investments for its biggest store in the world, which will open in Manila in the end of 2020.

Ikea, the largest furniture retailer on a global scale, was attracted to the Philippines booming economy, and strong housing and condominium market that it decided to build its world’s largest store in Manila.

Ikea will spend an initial US$134 million to build, stock, and staff the store, which will carry 9,000 products
The company has more than 400 outlets in more than 50 countries. It posted retail sales of US$44 billion in the year to August 31.

MANILA — A growing middle class and a booming residential market led Swedish furniture-maker IKEA to build its biggest store ever in the Philippines, officials said Tuesday.

IKEA announced today its plans to open its largest store in the world in 2020, and it’s going to be—you guessed it—in the Philippines, specifically at the SM Mall of Asia Complex.

The world’s largest Ikea store will open in 2020 in the Philippines as the Swedish furniture retailer presses on its bets in Asia.