Ranking second in the world and first in Asia in the World Bank's most recent Ease of Doing Business index, Singapore is widely regarded as having one of the best investment environments on the planet. The country benefits not only from its strategic location, but active government support for business, an excellent legal framework, and light-touch regulation and taxation.
This backdrop has long benefitted Singapore's food and beverage industry, the eve of the covid pandemic, according to Black Box Research. A recent report by GlobalData estimates that the sector will grow at 11% a year to 2025 as it bounces back, with both domestic demand and growing tourism contributing to the stellar performance.
This resurgence and that of the global hospitality industry is proving a boon for Singapore-based BreadTalk Group. The company was founded in 2000 by George Quek, who had an entrepreneurial vision to transform the bakery sector. That vision has been realised at a large scale, with BreadTalk Group now having more than 600 outlets in 15 territories worldwide, across China, South East Asia, India, the Middle East, and the UK.
This story is from the {{IssueName}} edition of {{MagazineName}}.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the {{IssueName}} edition of {{MagazineName}}.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In
A Mammoth Breakthrough
A biotech team has created a “woolly mouse,” marking a step forward in the quest to revive the long-extinct species
Ultra-Precision Manufacturing for Tomorrow's Batteries
When it comes to batteries, HYTC have emerged as the first-choice battery manufacturing partner in everything from personal electronics to electric vehicles.
Windward Roads Infrastructure: Paving Sint Maarten's Future with Innovation & Resilience
Building Resilience and Innovation in Caribbean Infrastructure
Flowone Leads in Bellows Seal Valves
Flowone is looking to international markets to continue its expansion, bringing advanced valves and precision engineering at remarkably competitive prices.
War of Words
JD Vance took Europe by surprise when he deemed a \"retreat\" of free speech one of the biggest threats to the continent. Newsweek explores freedom of expression there and in the U.S.
FOR Duty, FOR Love
At an age when many people would be retired, QUEEN CAMILLA is still focused on her royal responsibilities. Newsweek goes behind the scenes to examine her work and its impact
Not Just for the Taste of It
How Diet Coke, once a favorite of “It” girls, has become the new symbol of masculinity
Dylan Mulvaney
WHEN SOCIAL MEDIA INFLUENCER DYLAN MULVANEY, FAMOUS FOR CHRONIcling her gender transition online in \"365 Days of Girlhood,\" posted a sponsored video promoting Bud Light, it quickly went viral, but not necessarily in a good way.
From Shadows to Sight
A revolutionary gene therapy has given blind children with a rare eye disorder the ability to see
Building the Future: How FT Develepment is redefining Sint Maarten
In Sint Maarten, where turquoise waters meet golden sands, a quiet transformation is reshaping the island's future. Frank and Alexia Teboul, founders and directors of FT Development, are leading this change, blending resilience, ambition, and innovation. For investors, their work—and the island they call home—offers an invitation to imagine the possibilities.
