Coffee franchise giant Starbucks Cambodia has opened its second outlet, at Aeon Mall in Phnom Penh. Licensed as Coffee Concepts Cambodia, the outlet comes less than six months after the US chain made its debut at Phnom Penh International Airport. However, the…
Singapore, Indonesia, Cambodia, and Thailand are interested in creating a free trade zone with the Eurasian Economic Union, Russian Deputy Foreign Minister Igor Morgulov said Thursday. “The desire to sign such an agreement has been expressed by a number of…
Thai cash-and-carry chain Siam Makro plans to invest up to 9 billion baht ($258 million) in opening stores this year in Thailand and overseas. Its parent company, CP All, which through its ownership of 7-Eleven Thailand is the country’s largest convenience…
Giant Cambodia has opened its first store in the kingdom, in Phnom Penh’s Grand City Mall. It is part of a major expansion into Cambodia by the Malaysian wholly owned subsidiary of pan-Asian retailer Dairy Farm International, which also has a 70 per cent…
Luxury travel retailer DFS Group has opened its first T Galleria by DFS store for Cambodia in the resort town of Siem Reap. Near the ancient temple of Angkor Wat, T Galleria by DFS, Angkor is the largest Cambodia duty-free luxury department store, offering an…
Dairy Farm Group says it plans to expand its Starbucks Hong Kong and Vietnam networks. Last year, Dairy Farm opened six new Starbucks Vietnam cafes and its first in Cambodia – in the capital city Phnom Penh last December. “This new market offers significant…
On 8 March 2016 in Hanoi, FC Barcelona unveiled a sponsorship agreement with Saigon – Hanoi Commercial Joint Stock Bank (known as SHB), the top 5 Private Commercial Banks in Vietnam. This agreement will make SHB the first and only banking partner of FC…
Despite difficulties in Asian travel retail, particularly in Korea, liquor supplier Pernod Ricard reports solid first-half 2015/2016 results totalling €5b ($5.7b) and organic growth of 3 per cent. It says the results represent a continued gradual improvement…
Italian luxury menswear brand Brioni has opened its first boutique in Cambodia, at the luxury Vattanac Capital Mall in the heart of Phnom Penh’s emerging business and financial district. It was launched with a private cocktail event featuring evening jackets…
As well as electronics and mobile phones, its usual products, Vietnamese chain Mobile World is planning to distribute groceries in its first stores in Cambodia, Laos and Myanmar. CEO Tran Kinh Doanh says the stores will open early next year. Meanwhile, he has…
Against a background of rising consumer prices, harsh retail conditions and increased competition in the shopping centre industry, Japanese developer Aeon opened four new malls in its home country last year and expanded regionally. It also renovated existing…
Lobby group the Clean Clothes Campaign aims to shame the world’s large fashion brands into supporting a Cambodian minimum wage rise. The CCC says it is lobbying on behalf of a coalition of Cambodian unions that the multinational brands must ensure a minimum…
Hit with a 15 per cent sales slump since the introduction of GST in Malaysia, embattled department store operator Parkson is set to enter new categories – gourmet food, supermarkets, beauty – and import new fast fashion brands. The company has invested RM100…
Occupying a luscious spot on the confluence of the Mekong, the Bassac and TonléSap, Phnom Penh is a city that has witnessed extreme ups and downs. Discover an enigmatic kingdom of fabled pagodas, thriving local markets, sweeping French boulevards and eclectic…
A new US$60 million, seven-story shopping centre is to be built in downtown Phnom Penh, the capital city of Cambodia. Olympia Plaza will be built by Overseas Cambodia Investment Corporation (OCIC), to be located inside its mixed-use Olympia City project in…
“The move is to drive Ascend, both iTrueMart and Weloveshopping, to be the e-commerce market leader in the AEC by 2018,” Punnamas Vichikulwongsa, president of Ascend Group, said yesterday. According to Euromonitor 2015, the report of Euromonitor…
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