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Happy Potato, a fries chain originally from Malaysia, has successfully extended its operations to four international markets within half a year. The company’s rapid growth has seen it establishing new outlets in Bangladesh, Indonesia, China, and Cambodia as a…
Schnitz, the renowned food chain, continues to expand its product range by stepping into the chicken tender category with the launch of Tom’s Signature Tenders. This new offering signifies an innovative line of premium whole-muscle chicken. Tom’s Signature…
McDonald’s Malaysia has announced its ambitious plans to invest RM1 billion (US$255 million) in the expansion and modernization of its operations over the coming years. This investment will encompass the opening of new stores, refurbishment of established…
McDonald’s Malaysia has announced an aggressive expansion plan that involves an investment of RM1 billion (approximately $254 million) over the next five years. The investment will be used to open 100 new outlets, revamp existing restaurants, and enhance the…
One of McDonald’s long-standing outlets in Tampines Mall, Singapore, is set to close its doors on March 9. The fast-food restaurant has been a staple of the mall for over three decades, making its impending closure a significant moment for both the company…
Lamb Weston, a global leader in frozen potato products, celebrates its 75th anniversary by launching its retail range in Singapore, marking the brand’s first retail entry into Southeast Asia. Starting this month, Singapore consumers can now enjoy Lamb…
Popeyes Singapore recently halted the sale of its limited-edition Poppy Fish Burger throughout all its branches following an incident where a customer found mold on her burger bun at the Orchard Xchange outlet. This occurrence has led to a comprehensive…
Restaurant Brands International (RBI) recently secured a $350 million investment for its Burger King China division, as part of a new joint venture with China-based alternative asset manager, CPE. This significant investment will support Burger King’s…
Sugarloaf TGIF Management, the parent company of TGI Fridays, has entered into a master franchise agreement with USR Hospitality, an Indian corporation. The intention is to open 51 TGI Fridays restaurants throughout India. Key Personnel John Neitzel, former…
Chick-fil-A, the renowned American fast-food chain, is gearing up to establish its inaugural permanent eateries in Singapore and the UK. This move aligns with their expansion strategy that was unveiled last year. Singapore and UK Expansion The first…
MrBeast Burger, a unique restaurant brand that operates solely through delivery services and was born out of a YouTube sensation, has made its debut in Singapore. The Debut The restaurant’s inaugural virtual spot in Singapore is launched in collaboration with…
Jollibee Foods Corporation (JFC) has recently undergone a rebranding effort, now going by Jollibee Group, with an eye on further global expansion. Rebranding for Global Growth Despite retaining its legal entity as JFC, the firm has announced that this…
CITIC has plans to sell a 22 percent stake in McDonald’s Chinese mainland and Hong Kong business to its parent group’s private equity arm. The main listed arm of the Chinese state-owned CITIC Group, CITIC Ltd., will aim to raise at least 2.17 billion yuan,…
The renowned Filipino fast-food chain, Jollibee recently revealed a revitalized restaurant concept in Hong Kong which has been developed by the London-based design studio, Shed. This reimagined design will be implemented in five new stores. It incorporates a…
The Philippines-headquartered restaurant group Jollibee Foods plans to have 10,000 eateries globally this year, with a focus on North America. The company, known for its fried chicken Jollibee chain, eyes to invest PHP18-21 billion (US$312-364 million) to…
Jollibee Foods Corporation (JFC) posted strong double-digit growth in 2024, with its coffee and tea brands playing a key role in driving revenue and profits. The company’s revenue rose 10.6 percent year-on-year (YoY) to US$4.7 billion, while EBITDA (earnings…
