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For over a decade, a small-town barbecue and hotpot restaurant enjoyed a regular and content clientele, primarily consisting of employees from a neighboring industrial park. The eatery was particularly bustling over the weekends, basking in the laudatory…
Last Tuesday, a significant event took place, featuring Suphajee Suthumpun, Thailand’s deputy prime minister and commerce minister, and one of the country’s most influential online merchants, Pimrypie. Pimrypie is recognized for her diverse range of products,…
PepsiCo New Zealand has announced the addition of two innovative product offerings to its popular snack portfolio. The new product lines include Bluebird-branded crackers and a ‘Mini Canister’ range, marking a significant shift in the company’s strategy as…
The cost of lychees has increased by 20% compared to last year due to a decline in production brought about by unfavorable weather conditions. This information comes from Manh, a lychee orchard owner in the Thanh Ha Commune, Hai Phong City, who has seen his…
The surge in food deliveries is significantly transforming KFC China, the country’s top restaurant brand, leading to increased sales but tighter profit margins. Delivery sales for the brand witnessed a year-on-year growth of 33%, making up approximately 55%…
Yum China, a leading retail company, has announced the launch of an ambitious expansion plan, following a highly successful first quarter for FY26. The company reported 636 net new store openings, setting a record-high figure. Impressive Financial Performance…
In a bid to solidify its foothold in the rapidly burgeoning regional infrastructure market, global banking conglomerate Citi has announced the appointment of Bhavin Shukla as its new Managing Director. Shukla is set to steer the firm’s Infrastructure…
The Federal Court of Australia has ruled in favor of The A2 Milk Company in a trademark lawsuit against its competitor, Care A2 Plus. The A2 Milk Company, a dairy company based in New Zealand, has several registered trademarks in Australia, including ‘A2…
The US-based private equity firm, The Carlyle Group, has successfully acquired KFC Korea. With this acquisition, the firm aims to expand the existing 200-store portfolio of the popular restaurant chain in South Korea. The deal, which was initially announced…
This year’s early durian harvest in Malaysia is delivering creamier and more robustly flavored fruits to consumers. Durian types such as D604, Lipan, and Musang King have begun to catch the eye of passersby at various stands in Penang, a region renowned…
Jollibee Foods Corporation achieved record earnings in Q4, driven largely by an increase in demand and enhanced operational efficiency, according to CEO Ernesto Tanmantiong. Stellar Performance Tanmantiong expressed pride in the company’s performance over the…
Singapore-based Halal brunch café, Penny University, has announced the closure of its Jalan Klapa outlet. The doors will shut for the last time on May 3, following a challenging four-year period due to unfavorable conditions within the food and beverage…
The world’s largest food and beverage chain, China’s Mixue, experienced a decrease in its international outlets in 2021. A significant number of these closures occurred in Indonesia and Vietnam, as the company strived to enhance its operations and efficiency.…
Ingka Group has collaborated with confectionery brand Chupa Chups to bring a novel, meatball-inspired treat to Ikea stores across the globe this June. The peculiar confection, which was initially teased as an April Fools’ Day prank, garnered substantial…
Ferrero, the global confectionery company, has announced an innovative addition to its Nutella product line – Nutella Peanut. This new flavor is the first to be introduced by the brand in over six decades. Nutella Peanut: A Groundbreaking Flavor Nutella…
In Malaysia, the locally adored fruit known as Mangosteen, often referred to as the “queen of fruits,” is becoming more costly than durians due to a shift in agricultural trends causing a decrease in supply. Prices for the locally cultivated Mesta variety of…
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