Tim Hortons brewing soon in Singapore
The Canadian coffee chain is also planning to land in Malaysia and Indonesia.
Japanese conglomerate Marubeni Corporation, through its wholly-owned Singapore-based subsidiary Marubeni Growth Capital Asia Pte. Ltd., has entered into an exclusive agreement with Tim Hortons Asia Pacific Pte. Ltd. to bring the brand to Singapore.
Marubeni said it is also talking with the Canadian coffee brand to brew its coffee in Malaysia and Indonesia subject to obtaining regulatory approvals and finalising franchise agreements with Restaurant Brands International, which owns Tim Hortons.
In a report by Nikkei, Tim Hortons is said to be eyeing to set up at least one hundred stores across Singapore, Malaysia, and Indonesia in the next decade.
Tim Hortons recently opened its first store in Pakistan.