Starbucks Philippines said Wednesday it raised beverage prices by P5 per cup starting Sept. 13, citing the need to "properly balance" its finances to stay open. It did not elaborate.
"We remain committed to providing value to customers in meaningful ways through special promotions and our Starbucks Rewards loyalty program," Starbucks Philippines said in a statement sent to Reportr by David San Jose, media relations manager at Bates CHI.
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