QSR, Restaurant and Food Service Trends from Asia

November 08, 2007

Dairy Queen to add 500 stores in China in next 5 years

International Dairy Queen Inc, a U.S. ice cream chain, will boost its outlets in China by adding 500 stores in the next five years, banking on the potential growth in ice cream consumption by an increasingly affluent population. The company, contr...

October 31, 2007

Japan's Mitsubishi launches takeover bid for KFC Japan

Japanese trading house Mitsubishi Corp. announced a tender offer Wednesday to boost its stake in Kentucky Fried Chicken Japan Ltd. in a deal worth up to 30.83 billion yen (US$267.72 million;¤185,38 million).Mitsubishi, which already owns 31 percent of ...

October 23, 2007

KFC chooses the Chinese dairy supplier Mengniu to supply all Chinese KFC outlets.

In a strong demonstration of faith in Chinese product quality, KFC is replacing Nestle with Mengniu products. The global fast food behemoth yesterday signed a dairy product supply agreement with Inner Mongolia Mengniu Dairy Industry (Group) Co Ltd, Ch...

October 21, 2007

Gain Report: Potato and Frozen Potato Products in China 2007

China fresh potato production in MY07/08 is forecast at 75.6 million tons, up 5 percent from the previous year as a result of growing consumer demand. Average fresh potato prices have risen 15 percent annually over the previous three years. Processed ...

October 12, 2007

Wendy's and Berjaya announce agreement to open Wendy restaurants in Malaysia

Wendy's International, Inc. and Berjaya Corporation Berhad today announced that they have signed a development agreement to build Wendy's restaurants in Malaysia. Berjaya, through its wholly-owned subsidiary, Nadi Klasik Sdn Bhd, has been granted the ...

October 02, 2007

McDonald's no longer betting big on kid stuff in India

Happy Meals, Big Mac’s most famous sub-brand specially tailored for children and a company trademark since 1979, has been witnessing a year-on-year decline in sales in India. “Kids’ visits to our stores have been declining year-on-year and have been ov...

September 23, 2007

Potato varieties for Processing identified in the Phillipines

After five years of field trials, root crop experts at Benguet State University (BSU) in the Phillipines said Benguet farmers could now plant four new potato varieties which possess the desired dry matter content required by fast-food chains to make ...

September 23, 2007

Burger King in Phillipines post profit

Burger King has reported modest profit from June to August, reversing losses incurred in the same period last year, BK Titans part owner Wilson Young said.

September 11, 2007

McDonald's hastens development in China to take bite out of Yum Brands

For nearly two decades in China, the KFC logo has enticed the hungry with the promise of juicy, crispy chicken. Now, Yum Brands Inc. - which owns KFC and Pizza Hut as well as Taco Bell in the U.S. - has some competition for the cravings of Chinese dine...

September 06, 2007

Half-price Big Mac to fight global warming proves big hit in Japan

A Japanese government website crashed Wednesday as people raced to take up an offer of a half-price McDonald's hamburger in exchange for pledging to fight global warming. The Japanese unit of the US burger giant Tuesday offered a Big Mac for 150 yen (1...

September 04, 2007

McDonald's Japan Hits Monthly Record Sales in August

McDonald's Holdings Co. (Japan) said Tuesday same-store sales at its hamburger outlets in Japan hit a monthly record in August.Sales in August rose 11.3 pct from a year before to 46,394 million yen, eclipsing the previous record of 43,047 million yen s...

September 01, 2007

KFC soon to open in Cambodia

Cambodia's Royal Group Co. Ltd. published a statement here on Saturday announcing that it will form a joint venture with Malaysian firms to bring the fast-food giant the Kentucky Fried Chicken (KFC) into the kingdom. This marks the first entry of a maj...

August 06, 2007

McDonald's Aims to Boost China Image With Wage Rise

McDonald's Corp. is raising wages and adopting new uniforms, stepping up efforts to burnish its image as an employer in China amid tightening labor laws and scrutiny by China's government-backed trade union. McDonald's said it will raise wages for its ...

August 03, 2007

Yum plans to double India business by 2010

Yum Brands Inc., parent of the KFC, Taco Bell and Pizza Hut fast-food chains, plans to double its Indian revenues by 2010 as it adds more restaurants, its top Indian official said on Friday. "We will be adding around 30-40 restaurants annually for...

July 17, 2007

Yum! Builds a Chinese Dynasty

The fast-food operator -- running such names as Taco Bell, Pizza Hut, KFC, Long John Silver's, and A&W -- posted strong second-quarter figures, with -- you guessed it -- revenue growth from China leading the way. Comparable same-store sales from it...

Language

Connect With Us!

QSR, Restaurant and Food Service Trends