World’s biggest Ikea opens in Philippines

MANILA (Bloomberg): Ikea opened its biggest store in the world in the Philippines, with the new 730,000sq ft facility in Manila a cornerstone of the home-furnishings giant’s expansion plans in Asia.

Thursday’s (Nov 25) opening was feted with an event held at the store’s cafeteria attended by Philippine trade secretary Ramon Lopez and foreign minister Teodoro Locsin, where Ikea’s cult-favourite Swedish meatballs were served to some attendees. They were accompanied for the big day by a special Philippine twist -- adobo sauce.