Expansion
Swensen’s to expand in Cambodia, Laos following new ten-year agreement
Swensen’s to expand in Cambodia, Laos following new ten-year agreement
New store formats are expected as a result of the collaboration between Minor Food International and Express Food Group.
Fast casual chain Paik’s Noodle makes Melbourne debut
Paik’s boasts nine dishes that intersect between fermented Korean flavours and more traditional Chinese-style stir fry.
Weekly Global News Wrap: McDonald’s hit with US$900m suit over broken ice cream machines; More ghost kitchens for Wendy’s; IHOP testing two virtual brands
Here is a summary of the most interesting news stories of the week from around the world.
Thailand’s Central Restaurants Group unveils new franchise model for Mister Donut business
The company endeavors to open another 50 outlets in the country this year.
Tealive eyes 30 Philippine stores by end-2022
The chain recently opened its first outlet in Manila.
Jollibee earmarks U$347m in capex after going back to profitability
The company, which has 17 brands in 34 countries, plans to add 500 new stores this year.
Domino’s opens 1,500th store in India
The chain opened a record 200 new restaurants during 2021 in the country.
Philippines’ Figaro Coffee Group eyes new growth avenues following IPO
Net proceeds from the IPO will be used for store openings, renovations, commissary expansion, and others.
Burger King set to reach 150 restaurants in Japan
The brand expects to increase the number of stores in Japan to 200 in 2023.
The Habit Burger Grill is fired up and ready to start its race to 10,000 restaurants
General manager Yang Ming Ong shares first details of the chargrilled burger brand’s strategy, and how Asia would play a critical role.
Hong Kong’s Hyakunousha eyes 10,000 stores for new omusubi concept
The company expects approximately 50,000 jobs to be created as a result.
Shake Shack to open ten additional stores in Malaysia by 2031
The chain now expects to have more than 45 Shake Shacks across Korea, Singapore, and Malaysia that year.
Papa John’s inks deal to open over 1,300 stores in China by 2040
The franchisee development agreement is the biggest in the pizza chain’s history.
Kopi Kenangan gets unicorn status after US$96m Series C funding round
The chain has grown to employ more than 3,000 staff in over 600 stores across 45 cities.
2021: Year In Review
We look back at the highs and lows of the Asian multi-site restaurant industries these past twelve months.
Burger King India’s board OKs fundraising plans
The chain is looking to establish 700 restaurants by December 2026.
SSP expands Malaysian reach in new deal
The agreement will see SSP operate 29 units at Malaysia Airports Holdings Berhad airports.
