News

Jollibee Group net income climbs 5.6% in Q2

Sales during the quarter reached $2.035b.

Starbucks’ China stake draws final bids from Carlyle, EQT, and Chinese investors, Reuters says

The sale comes as Starbucks struggles with falling market share in China.

Jollibee Group’s Mang Inasal opens first ‘fifth-generation’ restaurant design concept

It also features a more efficient kitchen layout and an upgraded grab-and-go counter.

Tiong Bahru Bakery to reopen Eng Hoon flagship after major overhaul

The outlet will serve as the model for future branches.

Chipotle to make Asian debut in South Korea and Singapore in 2026

The chain has signed a joint venture with South Korea’s SPC Group.

Indonesia's Fore expands with first donut outlet in Tangerang city

The company aims to open three Fore Donut outlets this year.

Potato Corner debuts in Taiwan with Xinyi District opening

Taiwan marks the chain’s 16th overseas market.

TGI Fridays plans smaller restaurants for Japan expansion

The brand recently extended its franchise agreements in Japan and Peru.

Singapore launches six-month pilot of AI-powered kitchen

The tech aims to resolve the manpower shortage and increase consumer receptivity.

Potato Corner launches drink range

The range comes in two flavours.

KFC China launches sub-brand serving Chinese and Korean-style fried chicken

The new concept is now part of Yum China's growing portfolio of sub-brands.

South Korean yoghurt chain Yoajung debuts in Singapore

This follows the brand’s expansion in Hong Kong.

Mom’s Touch signs MoU to open 60 restaurants in Uzbekistan

The brand also has plans for Kazakhstan, Kyrgyzstan, Russia, and Middle Eastern markets.