Singapore

Kimly reports $5.3 million net profit for Q1

Its own brand of iced coffee and tea is slated to arrive by March.

Kimly reports $5.3 million net profit for Q1

Its own brand of iced coffee and tea is slated to arrive by March.

Sakae Sushi parent company posts Q2 net loss of $545,000

This was attributed to streamlining of operations that resulted in a fall in revenue.

Singapore investment firm Yoma Strategic to buy 65% stake in Myanmar restaurant chain YKKO

YKKO is known for its “Kyay-OH” noodle dish, which contributes to the majority of the company’s sales.

Starbucks 'unlikely' to be overtaken in China by Luckin this year, CEO says

The coffee giant currently has over 3,600 stores in the country.

Weekly Global News Wrap: Chick-fil-A tops U.S. customer service survey; QSRs reveal positive full-year results; McDonald's eyes more sites in Russia

Here is a summary of the most interesting QSR news stories of the week from around the world. Chick-fil-A tops yet another survey on customer service in the U.S., this time by weekly magazine Newsweek and Statista. The two companies say they used information from categories like customer focus, quality communication, accessibility, and technical competence. See the results here. 

Burger and Lobster set to open in Singapore

This will be the London-based restaurant chain’s fifth Asian market following UAE, Thailand, Malaysia and Kuwait.

No Signboard Holdings reports over SG$570,000 loss in Q1

The decrease is said to be driven by major repairs of one outlet and fall in average spending per customer.

Technology's evolution takes center stage at second QSR Media Asia conference

Fast food heavyweights and rising innovators were also lauded during the event's awards programme.

Japan Foods reports 51.3% loss in Q3

The decline was driven by expenses for new store openings and increased operating costs.

What should your brand keep in mind when negotiating contracts with aggregators?

KFC Asia & Pizza Hut Asia Pacific’s Rohan Bilimoria will have an interactive presentation on key issues related to such dealings.

How can brands form their best A-team?

Execs from ES Teler 77, Mad Mex, Boost Juice and LOOB Holding will offer their take on creating a vibrant and efficient workforce.