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Lippo to invest US$5b in retail and healthcare

Focus of expansion in 3-5 years are Vietnam, Philippines, Myanmar: Riady

[SINGAPORE] Indonesian conglomerate Lippo Group is looking to invest up to US$5 billion in healthcare, food retailing and telecoms mainly in the Philippines, Vietnam and Myanmar over the next three to five years, its top executive said. "Partly, it's diversification, but partly also new growth