Companies
Burger chain Lotteria opens first outlet in Singapore
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Burger chain Lotteria, operated by Lotte Group affiliate Lotte GRS Co., has opened its first outlet in Singapore as part of its overseas expansion. The outlet is located at Jewel Changi Airport and is operated under a master franchise agreement with Singapore-based Katrina Group Ltd. It features K-burger products, including the kimchi bulgogi burger.
Viña Santa Rita's board president, Baltazar Sánchez, presented the 2025 annual report, noting economic results well below expectations amid a global wine consumption drop and local issues. Sales fell 1.6% and the company recorded $5.871 million in losses.
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As couples prioritize professional paths, companies like SLB implement 'dual career' programs to coordinate partners' careers. These initiatives consider family preferences and prevent talent loss. Nara Tsuboi, SLB's HR head in Brazil, explains shifts in corporate policies.
Canadian coffee chain Tim Hortons announced on January 28 that it will more than double its South Korean outlets to 50 this year through a localization strategy. The expansion includes 26 new stores, one of which will be a signature outlet with an expanded menu and larger space. An Tae-yeol, chief brand officer of operator BKR, highlighted efforts to meet high Korean consumer expectations.
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GeoPark reported an average annual production of 28,233 barrels of oil equivalent per day (boepd) in 2025, exceeding its guidance range of 26,000 to 28,000 boepd. In the fourth quarter, production reached 28,351 boepd, driven by optimizations and key divestitures. The company operated six drilling rigs and completed 16 wells over the year.
South Korean companies' earnings rose 20 percent year-on-year in 2024, driven by increased semiconductor exports. Government data showed combined before-tax net profits reaching 181.9 trillion won, with the manufacturing sector leading the rebound. The year marked a transitional phase for artificial intelligence, boosting chip demand.
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Platnova has been recognized as one of Nigeria's top 100 fastest-growing companies. The listing highlights the firm's rapid expansion in the business landscape. This achievement was reported by ThisDayLive.
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