In Focus
Instant coffee in cafes, resto to boost hot drinks market in South Korea to $5b: report
Instant coffee in cafes, resto to boost hot drinks market in South Korea to $5b: report
High demand for instant coffee came after employees returned to workplaces.
Southeast Asia’s bubble tea spending reaches $3.66b annually
Indonesia and Thailand were the biggest bubble tea markets in the region.
Jollibee net income soars 186% in Q2 22
Its earnings reached P2.8b from P976m.
Philippines’ Jollibee Group relaunches Japanese restaurant Yoshinoya
Yoshinoya currently has more than 2,000 locations across the globe.
Deliveroo offers tip-matching, giveaways to riders on Rider Appreciation Week
They will match customers’ tips up to HK$30 per order.
Around 2 in 5 Hong Kong restaurants confident about F&B industry’s future
The performance satisfaction score of 6.4 is the highest posted in two and a half years.
Affordable Indianized Starbucks menu to get new customers: GlobalData
But the analyst said it could dilute the global brand proposition.
Singapore’s F&B sales grow 40.1% in May
All food and beverage services industries recorded growth in sales this year.
Appetite for F&B apps up as time-crunched Southeast Asians become more cost-conscious
Indonesia saw the largest growth in app downloads with nearly 88% YoY.
Pret A Manger to expand in UAE
Up to 20 new shops are expected to open across the country in the years ahead.
Malaysia’s Berjaya Food to announce JV with Paris Baguette Singapore
The JV signing ceremony is scheduled to be held on June 20.
Singapore’s F&B services up 11.4% YoY in April
Total sales value was estimated at S$815 million.
Texas Chicken Malaysia opening over 100 restaurants by 2030
More drive-thru restaurants and expanded delivery services are part of the plan.
Luckin Coffee now bigger than Starbucks in China
The scandal-tainted startup is staging a comeback.
‘Best of both worlds’: This Singaporean F&B group is meeting post-COVID expectations by franchising their virtual brands
GD Group’s Randall Ang expounds on the value of their virtual brand portfolio.
Subway inks master franchise deal to triple West Malaysia growth
The announcement is also part of Subway’s APAC hopes to double its current network of restaurants in the region from about 3,300 to over 6,000 in the next five years.
Grab is testing food delivery with a self-driving car
The Island A.H.B.O.I. vehicle is also designed to be weather-proof and features built-in food warming and cooling technology.
