KFC Malaysia parent QSR Brands (M) Holdings, is arranging an IPO next year expected to raise about US$500 million. The company, which has both KFC and Pizza Hut restaurant concessions in Southeast Asia, Citigroup, Credit Suisse Group and Malayan Banking will…
Cambodia has its first quick-service drive-through restaurant with the opening of a Carl’s Jr burger outlet in Phnom Penh, being run by TH F&B Co. Carl’s Jr Cambodia has been franchised by California-based CKE Restaurants Holdings, the parent company of…
Thai retailer Central Group expects revenue to rise 21 per cent to Bt320 billion ($9.17 billion) this year following strong growth in overseas business plus tourist spending. Controlled by Thailand’s Chirathivat family, Central is seeking to expand in…
Axiata Group has no plans to downsize its operations in any of its eight markets, according to CEO Jamaludin Ibrahim. Last months, reports suggested that the company is considering selling stakes in its Indonesian, Cambodian and Sri Lankan operations, leading…
Starbucks Cambodia has opened a new flagship store in Phnom Penh, in partnership with regional partner Maxim’s Group of Hong Kong. Cambodia is Starbucks 16th market in the China/Asia Pacific region, where it has more than 6200 stores. This is the third store…
Starbucks Coffee Company last week opened the doors to its newest flagship store in Asia, located in Phnom Penh, Cambodia, building on its long-term relationship with Hong Kong Maxim’s Group. Cambodia is Starbucks 16th market in the China and Asia Pacific…
The Telecom Regulator of Cambodia (TRC) has given operators until the start of next month to register all customers’ SIM cards or disconnect any remaining unregistered SIMs. Operators will need to alert customers at least seven times within seven days before…
After rapidly building a network of stores across Asia, Japanese eyewear retailer Owndays has made its European debut. Owndays Europe has opened its first store in the Netherlands, the design largely true to its Asian format and its simple pricing model…
DHL Express has launched a flight connection between its Bangkok hub and Phnom Penh. According to DHL, the new flight is operated five times a week by K-Mile Air using a Boeing 737-400F, which offers a gross payload of 19 tons. The service is aimed at the…
Yusen Logistics is establishing a temperature-controlled distribution center in Phnom Penh, Cambodia. It is one of Cambodia’s largest cold storage facilities. The facility strengthens Yusen Logistics distribution network in Asia and will support Cambodia’s…
French fashion jeweller Agatha Paris has opened its first stand-alone travel retail store, at Haikou Meilan International Airport on China’s Hainan Island. Opened in partnership with Hainan Duty Free, the 20 sqm store has a contract until September 2019.…
Cambodia is currently benefiting from two decades of relative economic stability. With a stable annual GDP growth of approximately 7%, the country has become an interesting market for investors. International freight forwarding and logistics company Panalpina…
Cambodian mobile operator Cellcard and mobile payments company Fortumo have teamed up to offer direct carrier billing for digital content. Cellcard’s 4 million subscribers will be able to pay for digital content via their monthly mobile bill. The alliance is…
Phnom Penh Duty Free is located inside the integrated entertainment destination of Naga City at Naga City Walk which connects Naga World to ‘Naga 2’. It offers approximately 4,000sq m of retail space with all the main DF&TR and luxury categories available:…
Pan-Asia retailer Dairy Farm International Holdings reports “modest” sales growth for the six months ended June 30. Underlying profit was slightly ahead as higher contributions from food, home furnishings, restaurants and China hypermarket Yonghui offset a…
Enterprise mobility vendor DMI has teamed up with Cambodian mobile banking service provider Wing to offer mobile payment services in the market. The companies have developed an app for iOS and Android to allow customers to transfer, deposit and withdraw money…
Retail Academy: Cambodia
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