Core Insights - Dutch wholesale retailer Makro is set to re-enter the Philippine market after more than a decade, facilitated by a partnership between Thailand's CP Axtra and Ayala Corporation [1][6] Group 1: New Business Venture - The collaboration has resulted in the establishment of M&Co Corp, which will manage Makro stores across the Philippines [2] - The stores will focus on offering a diverse range of food and non-food items to serve both individual consumers and small business operators [7] Group 2: Historical Context - Makro first entered the Philippines in 1996 through a joint venture with SHV Holdings, Ayala, and SM Investments, but later underwent changes in ownership and format [3] Group 3: Expansion Strategy - CP Axtra aims to expand its operations in Southeast Asia, with the Philippines identified as a vibrant and rapidly developing market [4] - The partnership combines CP Axtra's expertise in wholesale and retail management with Ayala Corp's established market presence and experience in land and mall development [5][8]