F&B

The sale may fetch up to US$2 billion, a May report indicates, though the US private equity firm did not disclose values

The results suggest that restaurants will have to work harder as fuel and food costs rise

There are concerns about a rise in rental prices ahead of the RTS Link opening

Its sales recovery outpaces that of its profits amid increased hiring, staff training and spending on store remodels

Takaichi has pledged to suspend the 8% levy on food for two years as a temporary step

The company did not elaborate on the reasons behind the latest closure

The group’s strategy involves leasing entire multi-storey shophouses to house a variety of concepts under one roof

The once-flourishing expansion momentum enjoyed by homegrown brands in China has reversed following the Covid-19 pandemic

This expands the parties’ existing partnership in Malaysia, Hong Kong and Singapore to include Vietnam, Laos and Cambodia