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  • Blue Bottle Coffee makes debut in South Korea

    Blue Bottle Coffee makes debut in South Korea

    Blue Bottle Coffee Co an upscale US coffee chain operator, says it will open its first South Korean shop in Seoul in the second quarter of next year as the company moves to expand its presence in the Asian market. It said the new cafe and a roastery will open in Seoul’s eastern Seongsu neighbourhood, a trendy hangout spot where young artists and designers have renovated existing buildings into art spaces, fine restaurants and cafes.

    The move will mark Blue Bottle’s second international launch since it opened its shop in Tokyo in 2015. Blue Bottle said it will directly enter the South Korean market as Blue Bottle Coffee Korea Ltd.

    “We feel very close to our South Korean guests, having known them for years in our cafes in the US and Japan and on social media,” said Bryan Meehan, CEO of Blue Bottle Coffee. “Now, Blue Bottle Coffee will no longer be just a tourist destination for them but a part of the fabric of Seoul.”

    Founded in 2002, the Oakland-based roaster now has 56 cafes in the US and 10 in Japan. Swiss food giant Nestle bought a 68 per cent stake in the company last year.

    According to government data, the size of South Korea’s coffee market stood at 11.7 trillion won (US$10.8 billion) in 2017, up more than threefold from a decade earlier.

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  • Thailand to link 3,920 villages with fiber by mid-2018

    Thailand to link 3,920 villages with fiber by mid-2018

    Thailand’s first state-provided high speed fixed broadband services for rural areas are on track to launch by mid-2018, according to reports.

    The fiber-based service will be offered to 3,920 border villages across 62 provinces by this time, providing broadband at speeds of at least 10Mbps.

    The low cost services will start at just 50 baht ($1.47) per month for a 10Mbps connection with unlimited data, 150 baht or less for a 15Mbps connection and 200Mbps or less for a 20Mbps connection.

    An initiative of regulator NBTC, construction of the network will be funded as part of the 14 billion baht Universal Service Obligation (USO). It will also involve the construction of 5,229 free Wi-Fi hotspots, as well as 763 public internet centers that will fuction as community centers for 2-4 villages.

    The NBTC has just launched a tender process to select the project’s contractor, and plans to hold an online auction to choose a winning bidder in July. Networks must be capable of a minimum 30Mbps connection speed, and the service packages must be offered for at least five years.

    The NBTC is also finalizing the details of construction of a broadband network for an additional 15,732 villages, as part of its plan to deploy a low-cost broadband infrastructure spanning 40,432 underserved villages nationwide to help bridge the digital divide between urban and rural Thailand.

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