News

7-Eleven Malaysia gross profit up by 8.5% in H1 2019

Its total revenue of RM1.17bn (US$277.9 m) was mainly driven by new store openings.

7-Eleven Malaysia gross profit up by 8.5% in H1 2019

Its total revenue of RM1.17bn (US$277.9 m) was mainly driven by new store openings.

Subway Hong Kong opens new site in Lai Chi Kok

It is the eighth store under the “Fresh Forward” model.

Hot-pot restaurant tycoon debuts at no. 1 on Forbes Singapore Rich List

Zhang Yong replaces property magnates Robert and Philip Ng who consistently topped the list in previous years.

KFC Malaysia introduces its first streetwear collection

The collection pays homage to the chicken chain’s heritage in the country.

Yum China to acquire controlling stake in Huang Ji Huang

The transaction is expected to close in early 2020.

ST Group reports 42.9% revenue growth

The company also had lower profit, citing one-off listing expenses.

Gong Cha secures investment from private equity firm TA Associates

The transaction is expected to close in early October.

Happy Lamb to open first hotpot restaurant in Europe

The store will open together with the launch of other five global restaurants.

Weekly Global News Wrap: Del Taco considers sale; Domino's “Innovation Garage”; Taco Bell's back-to-school merch

Here is a summary of the most interesting QSR news stories of the week from around the world.

Haidilao's sales grew by 59.3% to US$1.66bn in H1 2019

The chain’s 130 new store openings were key in its growth.