Saturday 21 May 2022
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middle class

Coffee spending in Indonesia to grow by 8.2% per year to US$2.2b in 2024

MILAN – The rise of a new middle class and increased awareness on health problems caused by the consumption of sugary drinks are boosting...

Starbucks on track to open more than 5,000 stores in China by 2021

Starbucks aims to open more than 5,000 stores in China by 2021 and will continue to drive market-leading and locally relevant innovation in coffee,...

Cold brew coffee gains traction in South East Asia

Over the past decade, international coffee chains have built up a strong regional presence within South East Asia. However in recent years a surge of...

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