Hong Kong's Bar Leone Keeps World's Best Bar Title as Asia Takes 13 Spots
Hong Kong tied New York and Paris with four bars in the top 50, while venues in Bangkok and Seoul climbed into the top 10.
Food & Drink
Food & Drink
- Food & Drink
Moutai Profit Rises 3.8% in Third Quarter as i-Moutai App Sales More Than Quadruple
Price increases and direct sales offset a 21.6% drop in nine-month revenue through distributors, while rivals Luzhou Laojiao and Shanxi Fenjiu reported steep declines.
- Food & Drink
Japan Supermarket Rice Price Falls to 2,788 Yen, Down 34% From a Year Ago as Stocks Swell
Private rice inventories have climbed to 2.55 million tons, and the drop is now showing up in consumer prices, while restaurants still pay rice dealers more than last year.
- Food & Drink
Rémy Cointreau Second-Quarter Cognac Sales Rise 12.4% on China Mid-Autumn Shipments
Asia-Pacific sales rose 14.3% in the first half and the French group cut its expected tariff hit to about 5 million euros, all of it in China.
- Food & DrinkAnalysis
Hong Kong Wine Auctions Bet on Old Bordeaux and Burgundy After Acker's HK$47 Million June Sale
Single-owner cellars drove last year's biggest Hong Kong results, and the houses are using the same formula as the autumn selling season gets under way.
- Food & Drink
Burger King India Posts First Quarterly Profit as Same-Store Sales Jump 14%
Restaurant Brands Asia, which also runs Burger King and Popeyes in Indonesia, cut its group loss by more than half as its Indonesian unit moved close to break-even.
- Food & Drink
Mixue Pays 1 Billion Yuan Special Dividend as Profit From Its 6-Yuan Drinks Falls 14.7%
China's cheapest tea chains are handing cash back to shareholders while margins thin, as Chabaidao prepares its own payout and Guming leans on coffee and breakfast.
- Food & Drink
Carlsberg's China Beer Volumes Fall Almost 10% as Asia Drags, Vietnam and Laos Grow
The Danish brewer kept its profit guidance, but rain, destocking and weak spending in China pushed its Asian business backward while Southeast and South Asia kept growing.
- Food & DrinkAnalysis
Jollibee Brings HK$40 Burgers to Hong Kong as 7,251-Store Overseas Arm Eyes 2027 Listing
The Philippine chain refreshed its menu in a city with just 26 of its branches. The bigger Hong Kong story is a planned spinoff built mostly on coffee.
- Food & Drink
Britannia Sales Jump 16.6% to 5,542 Crore Rupees but Palm Oil and Milk Costs Squeeze Margin
India's biggest biscuit maker sold 13% more by volume in the September quarter, yet operating profit grew at half that pace and the shares fell as much as 5%.
- Food & Drink
Michelin Guide Philippines 2027 Lists 127 Venues, Adds One Star for Makati's Flow
The second Manila and Cebu edition grew its starred list to 10, kept Helm as the country's only two-star restaurant and leaned toward Filipino cooking.
