Logo of Phnom Penh Post newspaper Phnom Penh Post - Starbucks extends deal with regional franshisee

Starbucks extends deal with regional franshisee

Starbucks extends deal with regional franshisee

US-based coffee giant Starbucks has extended a licensing agreement with Hong Kong’s Maxim’s Caterers Ltd, the operator of Starbucks outlets in Cambodia, allowing the company to maintain exclusive expansion rights over the franchise in Cambodia, Vietnam, Hong Kong, Macau and now Singapore, the company said in a press release on Friday.

“The move further accelerates Starbucks’ operations in these important markets and aligns with Starbucks’ growth agenda,” the release said. Starbucks opened its first Cambodian outlet in the capital in December 2015 and has since expanded with stores in Phnom Penh and Siem Reap. The company has over 1,000 cafes in the Asean region.

MOST VIEWED

  • Shanxi wins bid to build sections of new Siem Reap airport

    Shanxi Mechanization Construction Group recently won the bid to build two sections of the new Siem Reap Angkor International Airport project in Cambodia for 290 million yuan ($42.16 million). The existing Angkor International Airport in Siem Reap, 5km from the famous ancient temple complex and world tourism

  • Breaking: US House passes 'Cambodia Democracy Act'

    The US House of Representatives in Washington, DC, on Monday, passed the “HR 526 Cambodia Democracy Act”, also known as the Cambodia Democracy Act of 2019. If signed off by the president, the bill will allow two major sets of action to be taken against high-ranking Cambodian

  • ‘Zero-dollar’ tours under fire

    Minister of Tourism Thong Khon has blamed “zero-dollar” tour operators for the decrease in foreign tourists to Angkor Archaeological Park in the first half of this year and has called for action against them. Angkor Archaeological Park received 1.24 million foreign visitors in the first half

  • VIP prison scrapped amid much criticism

    The Ministry of Interior announced on Thursday that Cambodia’s first privately run prison, which was to allow prisoners with enough money to upgrade to more comfortable cells, has been scrapped. Ministry spokesman Khieu Sopheak said studies had found that no other country in the