Legal
Jollibee Foods Corporation may seek funds from offshore financial markets to pay for CBTL
The Philippine company acquired the coffee chain last year.
Jollibee Foods Corporation may seek funds from offshore financial markets to pay for CBTL
The Philippine company acquired the coffee chain last year.
Mr. Brown Cafe closes 8 stores in Taiwan
Currently, seven stores are already closed with another store in Tamsui District closing by the end of the month.
Cold Stone Creamery to shut down Singapore outlets by end-January
The ice cream brand is offering a month-long departure discount on five of their store flavours.
Koufu Group subsidiary enters JV to expand tea concept in Indonesia
The group has reported a 52.3% YoY increase in net profit to SG$7.1m (US$5.2m) in Q3.
Fruitas Holdings raises $19.8m in IPO
Since it opened as a single kiosk stand in 2002, it now has over a thousand stores under its 20 brand portfolio.
BreadTalk Group ends joint venture with Indonesian partner for Toast Box
The termination is not expected to impact the group’s earnings for the financial year.
Café de Coral Group posts 34.5% profit loss
The profit loss came despite a slight increase by 1.6% in revenues.
Minor International acquires Bonchon Thailand operator
Minor International operates more than 2200 restaurants in 26 countries.
QSR Brands owners considering sale: report
The Malaysian operator currently operates more than 830 KFC restaurants and more than 470 Pizza Hut outlets in Southeast Asia.
Jollibee Foods Corporation inks joint venture deal to bring Tim Ho Wan in China
A subsidiary of the Philippine conglomerate will have a majority stake.
QSRs in Singapore post 12.5% sales increase
Overall food and beverage services sales grew by 4.3% to SG$882m (US$647.2m).
BreadTalk Q3 net profit plummets by 81%
The group noted of revenue increases across the group’s divisions after store expansions.
Japan Foods Q3 profit grows 8.4% to S$15.2m
The company currently has 58 restaurants in the Lion City.
Starbucks China same-store sales growth in Q4 grows 5%
Total transactions were up 13%.
Burger King India seeks US$56m in IPO
Its local operator plans to have 325 stores by end-2020.
Sale of Dairy Queen, Papa John's China franchisee in play: report
Deliberations are at an early stage.
KFC bolsters Yum China's Q3 performance
Its CEO says it will continue to build on the chain’s “resilient business model”.