In Focus

15 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...
24 Sep 20
Executives from the region also discuss the trends and opportunities seen in the growing delivery sector.
1 Sep 20
Earlier reports say the company could raise around US$2 billion.
24 Aug 20
A “co-branding” strategy will be utilised in the first year of business.
20 Aug 20
The chain recently opened two stores operated entirely by women.
12 Aug 20
It expects to remain profitable in the next 12 months.
6 Aug 20
Total sales in June was estimated at S$496 million.
30 Jul 20
The fast food giant also has plans to reduce their stake in their Japan business.
22 Jul 20
The move expects to reach up to nearly one billion users.
13 Jul 20
The company is expected to open more restaurants this year.
8 Jul 20
Collectively, the business has 514 restaurants in its portfolio.
30 Jun 20
The restaurant chain is expected to enter the city by early 2021.
25 Jun 20
Consumers’ focus on recycling is also increasing.
17 Jun 20
The operator also plans to trim its workforce amidst the viral outbreak.
11 Jun 20
The South Korea-headquartered chain initially had plans to further expand in the U.S.
2 Jun 20
The country remains one the world’s highest meat consumers.
23 May 20
Part of the plan is to establish cloud kitchens.
21 May 20
About two out of five restaurants offered delivery for the first time during the ‘circuit breaker’ period.
13 May 20
The coffee chain plans to open 1,500 stores in the country.
7 May 20
Its board says its working capital position remains healthy.
30 Apr 20
Varieties of the Taiwanese drink are expected to provide lucrative opportunities for market expansion.
23 Apr 20
Packaging for the new menu items is made from plant-based material.
16 Apr 20
The stiffer measures came amidst the surge of delivery orders in the Lion City.
9 Apr 20
Billions were wiped off from its market capitalisation.
2 Apr 20
It will also support franchisees by talking to landlords regarding rent reductions.
26 Mar 20
Almost all stores that remained open since the start of the COVID-19 outbreak experienced “significant” declines in sales.
18 Mar 20
The coffee chain shrugs off worries about the long-term impact of the COVID-19 outbreak.
12 Mar 20
The sector is forecast to be worth US$32bn by 2023.
4 Mar 20
It could take a hit due to certain markets likely impacted in Q1 due to the COVID-19 outbreak.
26 Feb 20
Only the company’s restaurant division showed profit growth.
19 Feb 20
This is amidst sluggish growth in both economies.
12 Feb 20
The results came as the city suffers its first annual recession in a decade.
31 Jan 20
Short term downside risk to consumer spending is also forecasted.
29 Jan 20
Currently, the death toll has reached over a hundred with 4,500 confirmed infections.
22 Jan 20
However, only 2 in 10 businesses have reported profit growth.
17 Jan 20
APAC & EMEA head Raj Beri also revealed they are seeing a “convergence” of all types of food on the platform.
9 Jan 20
The chain says the new channels are part of its “omnichannel customer traffic network”.
18 Dec 19
We look back at the highs and lows of the Asian multi-site restaurant industry these past twelve months.
11 Dec 19
Some outlets have been boycotted and vandalised.