Fast food

Burger King to enter China joint venture, plans to double stores

The new joint venture, Burger King China, will receive US$350 million in investment CPE

McDonald's Q2 revenue rose 5% year on year to US$6.8 billion, while same-store sales increased by 3.8% globally and 2.5% in America.
PERSPECTIVE

McDonald’s secret sauce – plus a pickle or two

Hearty quarterly results conceal a dual challenge for the burger behemoth

Jollibee says it’s in line with changes in its articles of incorporation that removes its ability to own, acquire or mortgage land.

Jollibee shares rally after foreign ownership cap scrapped

SHARES of Jollibee Foods surged the most in over four years on Thursday (Feb 13) after the Philippines’ top restaurant operator secured the bourse’s approval to remove a 40 per cent cap on foreign own...