In Focus
Fast food purchases in Hong Kong up 3.2% in Q2
Fast food purchases in Hong Kong up 3.2% in Q2
Total restaurant receipts were down 0.4% to HK$28.7bn in the quarter.
Yum China to invest up to US$525m to open at least 800 stores this year
Most of the upcoming stores will be KFC outlets and its new Coffii & Joy cafe chain.
Popeyes reveals plan to open more than 1,500 restaurants in China
The chicken chain is the latest international brand to enter the growing market.
Inside Starbucks' first express retail store in Beijing
The coffee giant’s first ‘Now’ format combines its traditional café environment with their digital touchpoints.
Craveable Brands officially sold to PAG Asia Capital
The company operates more than 580 restaurants across its three restaurant chains.
Food on foot: Deliveroo to trial walking delivery within Singapore's CBD
The 50-rider initiative will start on 8 July.
Café de Coral Group profits up 28.9% to HK$590m in FY2019
It was boosted by its Mainland China casual dining operations.
Mos Burger continues Southeast Asia expansion with 50-store plan in the Philippines
It is one of many Japanese chains that want to increase their presence in China and Southeast Asia due to foreign demand.
Over 270 F&B outlets in Singapore to phase out plastic straws
A survey commissioned by WWF showed that 9 out of 10 people recognise the environmental problems caused by disposable plastic.
Will private equity reshape franchising in SEA?
A new report forecasts more “cross-border” franchising in the region.
Yum China eyes Thailand's 5 billion baht hotpot market
The company also plans to expand in Malaysia, the Philippines and Indonesia.
Impossible Foods announces US$300 million funding round to accelerate expansion
The company’s signature Impossible Burger continues its sales surge.
Fast food chains boost Hong Kong restaurant sales
Non-Chinese restaurants, meanwhile, jumped by 4.8% in value.
Western QSRs shine amid slowing growth of China's foodservice market
Traditional Chinese main-dish-oriented channels were stagnant.
Luckin Coffee files for U.S. IPO
The Chinese startup is reportedly planning to raise US$500 million to US$800 million.
China's on-premise coffee sector reached US$9.6 billion in 2018: study
However, it is expected to grow at a slower rate in the next years due to the country’s thriving tea shops.
After dominating the Malaysian bubble tea scene, Tealive sets its sights on becoming a global lifestyle tea player
Find out how its parent company plans to expand to ten countries in two years.
