How Southeast Asia’s coffee chains are brewing cross-border success

Mar 5, 2026 | INVESTING

In Singapore’s famous Takashimaya shopping centre, those looking for a quick caffeine fix are spoiled for choice. There is, of course, the ubiquitous Starbucks, as well as an outlet of China’s rapidly expanding Luckin Coffee franchise.
But it’s a third option, Kenangan Coffee – an upstart brand from Indonesia that opened its first branch in Singapore in 2023 – that most appeals to 27-year-old shopper Sarah Shah.
“I really like Kenangan’s range of drinks, especially how they balance classic…

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