Operations
Philippine brand BALAI net income soars to P9m in Q2
Philippine brand BALAI net income soars to P9m in Q2
This is up from P2m in the same period last year.
As demand soars, some Philippine Jollibee, McDonald’s stores face chicken supply crunch
Some customers have taken to social media to complain about being unable to buy some signature items.
KFC Singapore announces “world-first” organic recycling pilot
The pilot sees dine-in packaging and leftover food waste turned to compost.
Burger King swaps french fries for ramen noodles amid potato shortage
The item is part of what they call the "almost-potato set", paired with a classic burger.
McDonald’s Philippines says two more stores will be solar-powered
It intends to convert more of its existing stores to use solar power energy.
Jollibee Singapore closes Jurong East MRT outlet
The chain has no less than 10 outlets in the Lion City.
Starbucks Japan opens green drive-thru store
The store is described as being focused on “coffee grounds circularity”.
Deliveroo Hong Kong launches Editions site in Aberdeen
The opening follows last year’s launch of the Tseung Kwan O site in December.
McDonald’s is leaving Russia after 30 years
Employees will still be paid until the transaction closes.
Jollibee’s profit spikes 1,400% in Q1 due to asset sale
System-wide sales, including those from franchised locations, rose 25.5%.
Starbucks Korea to start electric vehicle operations in Seoul
The chain plans to roll out the initiative nationwide.
Yum China launches ‘green’ KFC stores in Beijing, Hangzhou
The company expects the Green Pioneer Stores are expected to further cut GHG emissions.
Subway brings back Costa Coffee to Singapore after three-year hiatus
The move is part of the chain’s latest campaign to get a larger share of breakfast.
Milksha to open first Brisbane site
This is the second Australian outlet for the chain, which has over 240 outlets across markets.
Jollibee opens 150th store in Vietnam
The country is one of the brand’s most important markets, according to their group CEO.
Jumbo Group opens second franchised outlet in Vietnam
The new restaurant is also the largest outside of Singapore.
Shakey's opens first Singapore store
The chain is focused on delivering “sustainable long-term growth.”
Commentary
Revolutionizing Asia's QSR Scene: How Indian Brands are Leading the Charge