News

Jollibee earmarks U$347m in capex after going back to profitability

The company, which has 17 brands in 34 countries, plans to add 500 new stores this year.

Jollibee earmarks U$347m in capex after going back to profitability

The company, which has 17 brands in 34 countries, plans to add 500 new stores this year.

KFC Singapore eyes 40% increase in breakfast sales over next three years

The chain has been seeing success in introducing new items for the daypart.

No Signboard applies for extension for AGM, filing of financial results

The company and its board have been in talks with substantial shareholders for financial support.

Singapore’s F&B sales up 7.4% in December

Total sales value of F&B services in December was estimated at S$855 million.

Domino’s opens 1,500th store in India

The chain opened a record 200 new restaurants during 2021 in the country.

McDonald’s Indonesia halts large fries sales due to supply disruptions

This follows similar announcements in Japan and Malaysia.

The Habit Burger Grill to open fifth restaurant in Cambodia

The chain opened its first location in Cambodia in October 2020.

Philippines’ Figaro Coffee Group eyes new growth avenues following IPO

Net proceeds from the IPO will be used for store openings, renovations, commissary expansion, and others.

Taco Bell Malaysia selects GrowthOps Asia as marketing partner

The chain seeks to build its digital reputation in the country.

Burger King set to reach 150 restaurants in Japan

The brand expects to increase the number of stores in Japan to 200 in 2023.

Five Guys opens third Singapore restaurant

The chain has almost 1,700 locations worldwide and another 1,500 units in development.

Starbucks celebrates Indonesia’s coffee heritage with new ‘experience center’

Customers visiting the new center can learn more about sourcing, roasting and brewing coffee, and explore coffee through interactive workshops.