In Focus

A new report forecasts more “cross-border” franchising in the region.

The company also plans to expand in Malaysia, the Philippines and Indonesia.

The company’s signature Impossible Burger continues its sales surge.

Non-Chinese restaurants, meanwhile, jumped by 4.8% in value.

Traditional Chinese main-dish-oriented channels were stagnant.

The Chinese startup is reportedly planning to raise US$500 million to US$800 million.

However, it is expected to grow at a slower rate in the next years due to the country’s thriving tea shops.

Find out how its parent company plans to expand to ten countries in two years.

The Philippines is projected to witness the fastest growth among SEA markets.

The agreement calls for 19 locations over the next nine years.

The site features a fully-automated ordering experience and 40-seater dine-in space.

The nation's largest fast food company continues to see a "huge space" for growth.

Customers can enjoy more than 100 unique coffee and tea beverages and merchandise exclusively available at the coffee giant's newest Reserve Roastery in Tokyo.

The company says they have gained "strong momentum" through their joint ventures and partnerships.

Total sales value was estimated at SG$925 million, with growth felt across the board.

Its foodservice market is slated to grow over 10% in the next five years.