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

  • Prince injured, wife dies after accident

    THE wife of former First Prime Minister Prince Norodom Ranariddh, Ouk Phalla, 39, died while the prince was “severely” injured following a road accident in Preah Sihanouk province’s Prey Nub district on Sunday morning, officials said. Rananriddh, who is also the president of the Funcinpec

  • Guards protest dismissals, reject claims of sharing naked photos of child

    Some 20 former security guards at the US Embassy in Phnom Penh protested on Tuesday against their dismissal. They accused their employers of falsely claiming they had viewed and shared child pornography from their mobile phones as grounds for their termination. In total, 32 personnel were dismissed

  • We’re going to Wisney World!

    More than 6,000 mostly Chinese attendees witnessed the inauguration ceremony of a $1 billion Sihanoukville resort project called Wisney World in the capital on Wednesday. The event on Koh Pich, attended by several senior Cambodian government officials, is a joint venture between China’s AMC International and

  • Funcinpec urges probe into deadly Preah Sihanouk accident

    THE Funcinpec party has urged the government, especially the Ministry of Interior, to investigate the traffic accident in Preah Sihanouk province which left Prince Norodom Ranariddh badly injured and his wife Ouk Phalla dead. Funcinpec Vice President You Hokry told reporters at Botum Votey pagoda,