Jollibee parent fully acquires Hong Kong’s Michelin-starred Tim Ho Wan dim sum chain

Jollibee parent fully acquires Hong Kong’s Michelin-starred Tim Ho Wan dim sum chain

Philippine-based fast-food giant Jollibee’s parent company will fully take over Hong Kong’s Michelin-starred dim sum restaurant chain Tim Ho Wan by acquiring the remaining 8 per cent stake in the firm for S$20.2 million (US$15.3 million). Tim Ho Wan, dubbed the most affordable Michelin-starred restaurant in the world, is famed for its sweet and savoury…

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US Typhon missile system in Philippines has China facing ‘more tense security situation’

US Typhon missile system in Philippines has China facing ‘more tense security situation’

Washington’s plans to retain its Typhon missile system in the Philippines while stepping up defence engagement with other Asia-Pacific allies pose heightened security risks for China, according to analysts. The mid-range missile system has remained in the Philippines since it was brought in during a joint exercise with American forces in April, as tensions spiked…

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