Berjaya Food plans RM300mil expansion


“There are many more opportunities for expansion. For Starbucks, we plan on continuing our expansion into smaller towns, highways and neighbourhoods. As for Kenny Rogers, SALA and our other brands, we will continue our focus on smaller-format stores in prime locations with lower overheads,” BFood chief executive officer Datuk Sydney Quays tells StarBizWeek.

IT is no secret that the cost of dining out has risen. Channel checks show that some restaurants have raised prices by about 30%, as they face supply chain constraints and inflationary pressures.

Inflation impacts restaurants in many ways, but it hits them the hardest when it comes to basic food items. Note that the government has intervened to place ceiling prices for some basic food items such as chicken.

The Star 6.6 DEAL: 35% OFF Digital Access

Monthly Plan

RM 13.90/month

RM 9.04/month

Billed as RM 9.04 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Berjaya Food , expansion , Sydney Quays ,

Next In Business News

Ringgit ends lower against the US$ as global uncertainties weigh on sentiment
MISC renews Menara Dayabumi lease with PETRONAS in RM433mil 15-year deal
Malaysia Airports allocates RM11bil capex for infrastructure expansion over five years
IOIPG to return to FBM KLCI, Sime Darby on reserve list
Sentoria shares to be suspended from June 12, faces delisting
AirAsia's outstanding bill settled, says CAAP
Tycoon Vincent Tan cuts Berjaya stake in asset sales
Pentech's IPO oversubscribed 120.98 times
Sapura Industrial to dispose of Melaka land for RM10.48mil
Stocks struggle after Broadcom dive; oil eases off highs

Others Also Read