In Focus
BreadTalk Group loses SG$5.2m in FY 2019
BreadTalk Group loses SG$5.2m in FY 2019
Only the company’s restaurant division showed profit growth.
Growth opportunities in foodservice seen for China, India in 2020
This is amidst sluggish growth in both economies.
Restaurant receipts in Hong Kong shrink in 2019 for first time in 16 years
The results came as the city suffers its first annual recession in a decade.
China's food delivery segment only area seen to benefit during coronavirus outbreak: analysis
Short term downside risk to consumer spending is also forecasted.
McDonald's, Starbucks, KFC shut China stores amidst coronavirus outbreak
Currently, the death toll has reached over a hundred with 4,500 confirmed infections.
37% of Hong Kong restaurants see increased revenue turnover in Q4 2019: Deliveroo
However, only 2 in 10 businesses have reported profit growth.
After overtaking Starbucks in China, Luckin Coffee continues aggressive streak with vending machines, JV roasting plant
The chain says the new channels are part of its “omnichannel customer traffic network”.
2019: Year in Review
We look back at the highs and lows of the Asian multi-site restaurant industry these past twelve months.
Yoshinoya, Maxim's hit hard by social unrest in Hong Kong
Some outlets have been boycotted and vandalised.
AirAsia opens flagship Santan restaurant, cafe
The company aims to have 100 outlets within the next three to five years.
Café de Coral Group posts 34.5% profit loss
The profit loss came despite a slight increase by 1.6% in revenues.
Partnering with aggregators a “must” for QSRs: Burger King China CEO Ekrem Ozer
He also sees potential in diversifying restaurant formats with the aid of delivery partners.
How a financial and hospitality tycoon is planning to shake up Singapore's fast casual restaurant industry
Find out how a businessman from New Jersey plans to make Deelish Brands a household name throughout Southeast Asia.
Burger King India seeks US$56m in IPO
Its local operator plans to have 325 stores by end-2020.
KFC bolsters Yum China's Q3 performance
Its CEO says it will continue to build on the chain’s “resilient business model”.
Burger King opens 3,000th restaurant in Asia-Pacific
More than half were opened in the last five years.
Fast food outlets generate 10% sales growth in Singapore
Total sales value of food & beverage services was estimated at SG$916m.
