QSR, Restaurant and Food Service Trends from Asia

October 19, 2009

McDonald's busca crecer en India y apuesta a una hamburguesa de papa

McDonald’s se lanzó a conquistar el mercado indio con unas innovadoras hamburguesas hechas con puré de papas, arvejas y especias. El combo con este sándwich vegetariano se llama McAloo Tikki y, como es tradicional, viene con papas fritas y gaseosa. “...

October 16, 2009

Potato burger highest-grossing menu item For McDonald's India

McDonald's Corp. is staking its future in India on burgers made from mashed potatoes, peas and spices. Sumil Mittal says it's a good bet. Mittal, 19, sits beneath the golden arches at a McDonald's in Ambala, a small town 125 miles north of New Delhi....

July 13, 2009

Cooking oil in Taiwan safe after all: no arsenic found in extensive additional testing

In Taiwan, the Department of Health (DOH) Minister Yeh Ching-chuan said a sweeping examination of cooking oil used by 1,580 restaurants and samples from oil producers and importers shows no traces of the toxic heavy metal arsenic.He assured consumers ...

June 16, 2009

Wendy's, Arby's to debut co-branded stores in Middle East Africa Expansion

Wendy's/Arby's Group, Inc. (NYSE: WEN) today announced an agreement with Saudi Arabia-based Al Jammaz Group to build 135 dual-branded Wendy's(R) and Arby's(R) restaurants in nine countries in the Middle East and North Africa over the next decade. This...

June 14, 2009

Phillipine potato growers looking towards french fries

It is still an uphill climb for Benguet’s potato growers (Phillipines) who hope to clinch a niché in the lucrative French fries industry. The province produces most of the country’s supply of potatoes. It is there where the best varieties are grown. An...

April 17, 2009

McDonald's contratara 10.000 trabajadores en China

La cadena estadounidenses McDonald's contratará a 10.000 personas para sus sucursales de comida rápida en China y prevé también subir los salarios.

April 15, 2009

KFC expands in Malaysia

KFC Holdings (M) Bhd aims to create 1,200 jobs in Malaysia this year as it continues to expand its network of 442 outlets in the country to 482 by year-end, said managing director Jamaludin Md Ali. The company had opened six outlets year-to-date, with ...

March 24, 2009

Yum Brands buys stake in China restaurant chain Little Sheep

Yum Brands Inc. said late Tuesday it has agreed to buy a 20% interest in Little Sheep Group Ltd., a popular restaurant chain with locations mostly in China and Hong Kong, for $63 million. Yum Brands Inc, which operates KFC, Pizza Hut, Taco Bell and oth...

March 11, 2009

McDonald's appoints Kenneth Chan as CEO for China

McDonald's has announced that it is appointing Kenneth Chan from Singapore as its new CEO for he China area, replacing Jeffrey Schwartz. Chan has 12 years working experience in McDonald's. Prior to this appointment, he was regional manager for Malaysi...

March 05, 2009

Tough times are hurting fast food chains in China

Down an alley from a KFC, McDonald's and Pizza Hut here, Li Hong sat inside a dingy little storefront that serves full-course dinners for a dollar.A Western fast-food meal would have cost three times that much, said the young woman, who works as a sale...

February 23, 2009

KFC Taiwan offers second meal at 50% discount

Kentucky Fried Chicken said yesterday its prices will go down starting today.KFC has to cut prices to get back customers won over by a rival fast food chain, McDonald's. The catch is a customer has to buy a second meal to enjoy the 50 percent discount ...

February 05, 2009

Abrira McDonald's 175 tiendas en China y contratara mas de 10.000 empleados

McDonald's China anunció el día 4 un plan de expansión para abrir 175 nuevas tiendas y generar más de 10.000 empleos en la parte continental de China a pesar de la desaceleración económica global. La expansión es la mayor que lleva a cabo McDonald's ...

February 04, 2009

McDonald's slashes China prices by up to 33 percent

Mcdonald's Corp (MCD), the world's largest fast-food chain, has cut some prices by as much as a third in China where once booming economic growth has slumped amid the global financial crisis.In what the company calls "the best ever value meal comb...

January 27, 2009

McDonald's gana un 80% más en 2008 y abrira 1.000 nuevos establecimientos

La crisis no ha impedido que la principal cadena de comida rápida del mundo haya logrado incrementar su beneficio en 2008 en un 80%, hasta los 4.313 millones de dólares (3.307 millones de euros). Además, McDonald’s seguirá creciendo y abrirá unos 1.000...

January 24, 2009

FT reports McDonald's plans 12000 jobs, 240 restaurants European Expansion

McDonald's Corp. (NYSE:MCD) will add 12,000 jobs and open 240 new restaurants across Europe this year, the Financial Times in London reported on Saturday, citing the company's president of European operations. The fast-food chain's plans for expansion ...

December 20, 2008

McDonald's Japan sales top historic mark

McDonald's says it likely will become the first restaurant chain in Japanese history to surpass a half-trillion yen, or $5.6 billion, in yearly sales. Officials of McDonald's Holdings Co. Japan says sales are likely to top 500 billion yen in the 2008 b...

November 24, 2008

Analysts see McDonald's Sales growth

Although McDonald's Corp.'s sales may see some pressure from a slower economy in China, Wall Street analysts say the company should still report long-term sales and profit growth in its Asia Pacific region.At an investor meeting Friday detailing its As...

November 14, 2008

McDonald's opens 1,000th China store

McDonald's Corp said on Friday it had opened its 1,000th store in China in the southern province of Guangdong, and planned to open another 175 stores in the country in 2009."McDonald's will be continuing to invest and build in China at an ever inc...

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