Seattle coffee franchise, Starbucks Inc. opened its largest store in Southeast Asia – the Starbucks Dewata Coffee Sanctuary, in partnership with licensee PT Sari Coffee Indonesia. The store is a tribute to Indonesia’s role, as the fourth largest Arabica coffee growing region in the world, and for bringing Starbucks customers the highest quality coffees.
International Coffee Day falls on 1 October every year with coffee businesses offering promotions to coffee lovers worldwide. But if coffee is not your cup of tea, it is important to know that it is a key commodity in Southeast Asia.In 2017, Vietnam, Indonesia, the Philippines, and Cambodia exported a total of US$5.34 billion worth of coffee based on a report by the United States Agency for International Development (USAID).
Seattle coffee franchise, Starbucks Inc. recently opened its largest store in Southeast Asia – the Starbucks Dewata Coffee Sanctuary, in partnership with licensee PT Sari Coffee Indonesia. The store is a tribute to Indonesia’s role, as the fourth largest Arabica coffee growing region in the world, and for bringing Starbucks customers the highest quality coffees.
Coffee trading is slowing in Vietnam, the top robusta producer, on expectations that a larger harvest and changes to the London futures contract next year will give buyers bigger discounts.Roasters and traders are delaying purchases on bets that a bigger crop currently being gathered will push prices lower, according to traders attending the Asia International Coffee Conference in Ho Chi Minh City last week.
