F&B
Jollibee’s Highlands Coffee is said to consider US$400 million IPO in Vietnam
The Philippine fast-food operator plans to list its international business in the US
Jumbo Group takes 20% stake in Xi’an restaurant joint venture
Its interest in the JV is worth 300,000 yuan
Jollibee CFO says growth supports 2027 US listing of international arm
The international business accounts for 6,800 of 10,300 stores by the end of last year’s third quarter
Chinese teahouse chain Chagee is said to explore Hong Kong listing
The company’s US shares have fallen more than 50% since its April 2025 listing
Unilever to sell Indonesia tea business to Djarum Group for 1.5 trillion rupiah
The company will sell Sariwangi, one of the leading brands in the country’s tea-bag market
Open Farm Community in Dempsey to close after 10 years
The home-grown urban farm and restaurant concept will hold its last day of service on Jan 11
PizzaExpress Singapore shuts Millenia Walk and Scotts Square outlets; two operating stores remain
The British pizza restaurant chain opened its first outlet in the Republic in 2016
Several Kith Cafe outlets shut in recent months, with 2 stores still operating
[SINGAPORE] Several Kith Cafe stores have shut their doors in recent months, with the latest being its West Coast outlet, which will close on Monday (Jan 5), months after its Millenia Walk outlet shut...
Prime retail rents seen rising further in 2026 with tenant demand firm amid tight supply
Market watchers expect increases of between 1% and 4%, with city centre malls likely outperforming suburban centres
Singapore F&B players see stronger festive demand, but retailers report uneven spending
Hotels and restaurants have not had cutbacks in festive spending despite the challenging economic environment