The Cannes Lions International Festival of Creativity has today announced Burger King as the Creative Marketer of the Year 2017. The award will honour Burger King for embracing and encouraging creativity across their brand communications and for the inspiring…
When making plans for Valentine’s Day, most couples wouldn’t consider Burger King an option for a romantic night out. The fast food chain is trying to change that in Israel, where they’re offering a special “adults meal” just in time for Valentine’s Day. The…
The parent company of Tim Hortons and Burger King plans to launch an app Canada-wide this spring that would allow customers to order and pay in advance on their smartphone without lining up to pay a cashier. The move by Restaurant Brands International follows…
Filipino restaurant company and global fast-food chain Jollibee Foods Corporation (JFC) has opened its first Canadian outlet, Jollibee Winnipeg. With 35 stores already in North America, it plans to continue its march into Canada with three more outlets next…
Myanmar is getting its first ever publicly-accessible Burger King outlet, although whopper-enthusiasts will have to make their way to Yangon International Airport’s new domestic terminal to slake their hunger. The new Asia World-built domestic terminal – T3 –…
US private-equity company General Atlantic has made its first investment in Indonesia by buying into lifestyle retailer Mitra Adiperkasa (Map). It has subscribed for Rp1.08 trillion (US$80.5 million) in bonds issued by Map which are convertible into shares in…
Jollibee Foods (JFC) has opened the 991st branch of its flagship brand Jollibee in the Philippines, in the Ma-a area of Davao. It marks the start of its countdown to its 1000th store, to be unveiled in the first quarter of next year. Its expansion is spread…
Burger King sales are growing faster in Asia than in any other part of the world, reports parent Restaurant Brands. Sales in Asia rose 5.3 per cent, according to the company’s second quarter earnings data released overnight. Latin America sales rose 4.9 per…
People craving a jolt of caffeine in the Philippines may soon be able to order a double-double at their local Tim Hortons. Restaurant Brands International, the multinational owner and operator of Tim Hortons and Burger King, said Thursday it has partnered…
The last NYDC Vietnam dessert and cafe restaurant has closed its doors after months of struggling to stay viable. The chain sent its goodbyes to its customers via its Facebook page last Wednesday, promising to “return someday”. NYDC’s struggles first became…
Burger King Korea has been snapped up by private equity investors. Affinity Equity Partners has completed the buyout of the Korean business of the US fast food brand for 210 billion won (US$183.3 million), after agreeing to terms in February. The vendor was…
UAE-based halal fast-food chain franchisee Chicking Indonesia has signed a master franchise agreement to open 20 outlets, starting with Java and Sumatra. Competing with major international brands like Burger King, KFC and McDonald’s, Chicking serves fried…
Burger King Vietnam has refuted media claims the company is planning to exit the Southeast Asian nation. The US fast food chain entered Vietnam in 2012, initially opening in Ho Chi Minh City’s Tan Son Nhat international airport, before progressively moving…
The closure of five of seven Burger King fast food restaurants in Hong Kong heralds more shutdowns amid a retail and tourism downturn, retailers warn. The franchisee of the five restaurants, Perfect Combo, was taken to court several times this year over…
From decade-long underdogs, South Korea’s indigenous private equity fund (PEF) operators have emerged as big players in the local financial industry, especially in the merger and acquisition (M&A) market. Breaking with their traditional role as mutual fund…
Burger King Malaysia and Singapore has a new owner after previous franchisor Ekuinas sold out for US$18 million. Ekuiti Nasional Bhd (Ekuinas) has sold the operation to Newscape Capital (Newscape) with the agreement of BK Asiapac Pte Ltd, the master…