News on Food Trends from Asia

March 10, 2008

UAE residents lose appetite due to hike in fast food prices

Abu Dhabi/Dubai: Fast food chains in the UAE have significantly hiked their prices with some meals going up as much as 30 per cent. Across the board, there has been an average increase of 14 per cent within the last two months, Gulf News has learnt.KF...
 Burger King
March 07, 2008

Burger King Furthers Global Expansion, Enters Curacao

Burger King announced it will open its first location in Curacao in the first half of 2008, partnering with franchisee group JDA Foods B.V. Curacao's first Burger King will be located in the capital city of Willemstad. The chain plans to open additiona...
March 06, 2008

KFC lines up Rs 300-crore investment, to open 66 stores

KFC is targeting 100 quick-service restaurants in India by 2010-end. The $12-billion brand, which is owned by leading global restaurant company Yum! Brands, Inc that also owns other brands like Pizza Hut and Taco Bell, is present with 34 outlets across...
 Gain
March 06, 2008

Gain report: Foodservice Malaysia

Malaysia is one of the more affluent nations in Asia with a GDP per-capita of about US$6,450 in 2006. Malaysia’s economy grew by 5.9%, compared to 4.2% growth in 2002. Most economic commentators forecast Malaysia’s economy to grow by about 5.7% in 2007...
March 03, 2008

QSR Brands Bhd Signs Deal To bring KFC Restaurants to Cambodia

Bernama.com reports that QSR Brands Bhd has signed an agreement with Royal Group of Companies Ltd (RGC) and Rightlink Corporation Ltd Hong Kong (RCL) to form a joint venture company to operate the Kentucky Fried Chicken Restaurant (KFC Cambodia) busine...
March 03, 2008

Potato farmers in North Dinajpur face cold storage unit crisis

Potato cultivators in north Dinajpur district are facing a crisis to preserve their crops due to absence of adequate number of cold storages in the district. Having found no space to preserve they are being compelled to sell their crops in the market a...
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February 25, 2008

McDonalds offers home delivery in Shanghai, China

McDonald's Corp has begun offering home delivery in Shanghai, aiming to build a model in China to boost sales and help it catch up with rival Yum! Brands in the world's most populous country. McDonald's has built up a fleet of 300 motorcycles over th...
February 25, 2008

Yum! Introduces Taco Bell in India

After two years of talks and research, Yum! Restaurants International, the owner of quick serve restaurant brands such as Pizza Hut and KFC, will finally introduce the Taco Bell brand in India in the latter half of 2008. Through with its first round of...
February 25, 2008

McDonald's Quietly Raises Prices In China

McDonald's quietly published new price quotes at its outlets starting Feb. 23, involving rises of between 5% and 10%, or 0.5 yuan to 1.5 yuan, for almost all products: burgers, soft drinks, French fries. This followed three separate price increases las...
February 12, 2008

McDonald’s plans food processing unit in Punjab

McDonald’s will set up a food processing unit in Haryana or Punjab with an investment of Rs 100 crore to complement its sourcing activities in the local markets. “We are in discussion with both Punjab and Haryana for opening a food processing plant, wh...
February 08, 2008

Night owls send McDonald's Japan profits soaring

McDonald's Japan said Thursday its net profit jumped more than five-fold last year as the burger giant introduced more round-the-clock restaurants and updated its menu. Japan's leading fast-food chain predicted profits to keep growing this year as it c...
February 08, 2008

McDonald's quintuplica sus ganancias en Japon en 2007

McDonald's Holdings Co. (Japan) Ltd.  informó hoy que sus ganancias netas consolidadas del 2007  ascendieron a 7.820 millones de yenes (73,77 millones de dólares USA) , lo que significa que se quintuplicaron respecto al año anterior.  La mayor cadena ...
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February 06, 2008

Yum reports strong sales in China

Yum Brands Inc., which operates the KFC, Taco Bell and Pizza Hut chains, says fourth-quarter profit slipped almost 1 per cent as strong sales in Chinese and international divisions mostly countered the impact of higher costs.
February 04, 2008

After 17 yrs, McDonald's expects to earn profits in India

Riding on the back of a major expansion spree, global fast food chain McDonald's on Monday said it expects the Indian operations to be profitable from the next fiscal, 17 years after it set up shop in the country. The company, which achieved break-even...
February 03, 2008

McDonald's Maharaja Mac may soon travel by train

Millions of rail travellers may soon have the option of gorging on McDonald's burgers on-board trains, discussions for which are on between the railway authorities and the global fast food giant. Buoyed by the successful bid for opening a restaurant at...
KFC fried chicken wings its way into Guinness Records
February 02, 2008

KFC fried chicken wings its way into Guinness Records

Qatar Food Company (Americana Group), the franchisee owner of KFC, yesterday set a record for the largest serving of fried chicken at the Villagio Mall.An adjudicator of the Guinness World Records made the announcement and presented a certificate to th...
January 29, 2008

McDonald's says to open 150 outlets in China in '09

McDonald's Corp, the world's largest fast-food chain, plans to open 150 outlets in China in 2009, the company's top China executive said on Tuesday, as competition heats up in the rapidly expanding market. The company expects to maintain 15 percent ann...
January 29, 2008

McDonalds dice que aumentara presencia en China

McDonald's Corp, la mayor cadena de comida rápida del mundo, está incrementando su presencia en China gracias al aumento tanto de los ingresos como del apetito por la comida occidental, tendencias que también han identificado sus rivales.   McDonald's ...

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