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Jollibee eyes 100 new PHO24 stores
25 Jan 21
The announcement was made amidst a revenue drought brought about by the coronavirus pandemic.
Less alcohol demand in APAC: survey
20 Jan 21
Chains may find opportunities to get a larger share by offering no-alcohol or healthier drink alternatives.
Shifting mealtimes, social media-led food crazes amongst expected trends in Hong Kong this year
13 Jan 21
A survey from Deliveroo offers a glimpse into potential opportunities in the city.
Tealive's parent company wants to be the region's largest drink operator, CEO says
10 Dec 20
Bryan Loo talks to QSR Media about the bubble tea’s ‘virtual drive-thrus’, his long-term vision for the stores and planned...
Wendy's bets on cloud kitchens to ramp up growth in India
3 Dec 20
The American fast food chain specifically plans to have 250 delivery-only locations in the country.
KFC rolls out driverless food trucks in China
25 Nov 20
These unmanned vehicles were spotted in Shanghai.
McDonald's to invest US$380m in Chinese coffee market, eyes 4,000 McCafé outlets by 2023
19 Nov 20
It currently operates more than 3,600 restaurants across the country.
Starbucks to widen Asia reach with upcoming Laos debut
3 Nov 20
This marks the coffee giant’s 17th market in the region.
‘Explosion' of cloud kitchens seen in Southeast Asia, India post-pandemic: analysis
22 Oct 20
India, in particular, provides more fertile ground for the off-premise model.
Why Texas Chicken's sustainable growth plan remains unfazed by the pandemic
16 Oct 20
Yang Ming Ong, the brand’s vice president for Asia Pacific, Middle East & Black Sea Basin reveals how they have been able to...
The role of dark kitchens in a post-COVID delivery world, explained
24 Sep 20
Executives from the region also discuss the trends and opportunities seen in the growing delivery sector.
Why chains need to diversify its channels and formats, as told by Restaurant Brands International, Focus Brands, Pizza Hut and Chatime
10 Sep 20
Analysts also provide an outlook for the future and on particular trends.
Yum China confirms Hong Kong listing
1 Sep 20
Earlier reports say the company could raise around US$2 billion.
Koufu Group inks franchising deal to expand Supertea, R&B Tea to the Philippines
24 Aug 20
A “co-branding” strategy will be utilised in the first year of business.
Starbucks India adds a step forward in coffee giant's gender diversity push
20 Aug 20
The chain recently opened two stores operated entirely by women.
Koufu Group posts 82% decline in H1 profits
12 Aug 20
It expects to remain profitable in the next 12 months.
Singapore's F&B sales see slight improvement amidst Phase 2 of post-circuit breaker reopening
6 Aug 20
Total sales in June was estimated at S$496 million.
McDonald's China going ahead with 400 restaurant openings this year
30 Jul 20
The fast food giant also has plans to reduce their stake in their Japan business.
Starbucks China's mobile ordering feature to join four Alibaba apps
22 Jul 20
The move expects to reach up to nearly one billion users.
Thai fast food operator Central Restaurants Group wants 100 cloud kitchens by 2024
13 Jul 20
The company is expected to open more restaurants this year.
Pepper Lunch to be acquired by investment fund J-Star for US$79m
8 Jul 20
Collectively, the business has 514 restaurants in its portfolio.
Marugame Udon sets sights on London as start of European expansion
30 Jun 20
The restaurant chain is expected to enter the city by early 2021.
F&B businesses in SEA say efforts to cut on plastic waste “not sufficient”: UNEP
25 Jun 20
Consumers’ focus on recycling is also increasing.
Cafe de Coral posts 87% earnings slump, plans to seek rent relief
17 Jun 20
The operator also plans to trim its workforce amidst the viral outbreak.
Paris Baguette eyes presence in Canadian bakery market
11 Jun 20
The South Korea-headquartered chain initially had plans to further expand in the U.S.
Yum! China brings Beyond Meat's plant-based burgers to KFC, Pizza Hut, Taco Bell
2 Jun 20
The country remains one the world’s highest meat consumers.
Jollibee to spend US$138m on business restructuring
23 May 20
Part of the plan is to establish cloud kitchens.
More restaurant closures, layoffs in Singapore loom despite delivery, takeaway surge
21 May 20
About two out of five restaurants offered delivery for the first time during the ‘circuit breaker’ period.
Tim Hortons' China expansion gets supercharged with Tencent investment
13 May 20
The coffee chain plans to open 1,500 stores in the country.
Jumbo Group lowers guidance as coronavirus impacts key markets
7 May 20
Its board says its working capital position remains healthy.
Global bubble tea market estimated to reach US$4.3 billion by 2027
30 Apr 20
Varieties of the Taiwanese drink are expected to provide lucrative opportunities for market expansion.
Starbucks partners with Beyond Meat, Oatly to introduce plant-based meat and drinks menu in China
23 Apr 20
Packaging for the new menu items is made from plant-based material.
Tougher penalties imposed for food delivery personnel who disregard S'pore's safe distancing guidelines
16 Apr 20
The stiffer measures came amidst the surge of delivery orders in the Lion City.
Luckin Coffee's value plunges after admitting to potential US$300m fraud
9 Apr 20
Billions were wiped off from its market capitalisation.
Marrybrown waives franchise royalty fees for three months as Malaysia extends movement control order
2 Apr 20
It will also support franchisees by talking to landlords regarding rent reductions.
Yum China reopening stores as it sees “early signs of recovery”
26 Mar 20
Almost all stores that remained open since the start of the COVID-19 outbreak experienced “significant” declines in sales.
Starbucks to invest US$130m to build largest overseas roaster in China
18 Mar 20
The coffee chain shrugs off worries about the long-term impact of the COVID-19 outbreak.
Surge in transactions to drive growth of Indian foodservice market
12 Mar 20
The sector is forecast to be worth US$32bn by 2023.
Foodservice in Southeast Asia forecasted to grow by 7.2% in 2020
4 Mar 20
It could take a hit due to certain markets likely impacted in Q1 due to the COVID-19 outbreak.
BreadTalk Group loses SG$5.2m in FY 2019
26 Feb 20
Only the company’s restaurant division showed profit growth.
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McDonald's China launches ice cream sundae with chili oil
Luckin Coffee dusts off franchise plan
BreadTalk's IHQ building to be sold to Lian Beng Group for US$88.6m
Jollibee eyes 100 new PHO24 stores
Green Common launches first Singapore store
Less alcohol demand in APAC: survey
Japanese ramen chain Ichiran launches virtual cooking game
Hong Kong restaurant confidence dips after challenging holiday season: survey
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