In Focus
F&B businesses in SEA say efforts to cut on plastic waste “not sufficient”: UNEP
F&B businesses in SEA say efforts to cut on plastic waste “not sufficient”: UNEP
Consumers’ focus on recycling is also increasing.
Cafe de Coral posts 87% earnings slump, plans to seek rent relief
The operator also plans to trim its workforce amidst the viral outbreak.
Paris Baguette eyes presence in Canadian bakery market
The South Korea-headquartered chain initially had plans to further expand in the U.S. and Singapore.
Yum! China brings Beyond Meat's plant-based burgers to KFC, Pizza Hut, Taco Bell
The country remains one the world’s highest meat consumers.
Jollibee to spend US$138m on business restructuring
Part of the plan is to establish cloud kitchens.
More restaurant closures, layoffs in Singapore loom despite delivery, takeaway surge
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
The coffee chain plans to open 1,500 stores in the country.
Jumbo Group lowers guidance as coronavirus impacts key markets
Its board says its working capital position remains healthy.
Global bubble tea market estimated to reach US$4.3 billion by 2027
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
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
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
Billions were wiped off from its market capitalisation.
Marrybrown waives franchise royalty fees for three months as Malaysia extends movement control order
It will also support franchisees by talking to landlords regarding rent reductions.
Yum China reopening stores as it sees “early signs of recovery”
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
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
The sector is forecast to be worth US$32bn by 2023.
Foodservice in Southeast Asia forecasted to grow by 7.2% in 2020
It could take a hit due to certain markets likely impacted in Q1 due to the COVID-19 outbreak.
