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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.
Chile's National Economic Prosecutor's Office (FNE) has ordered an investigation into the effects of Molycop's acquisition by India's Tega Industries and Apollo Global Management funds. The deal, announced in September 2025 and valued at about $1.5 billion, gives Tega a 77% stake and Apollo 23%. The regulator aims to rule out risks to free competition in the national market.
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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.
The Korean unit of online retailer Coupang transferred more than 900 billion won ($620 million) in expenses to its US headquarters in 2024, according to an audit report. These related-party expenses, including service fees and royalties, totaled over 2.5 trillion won from 2020 to 2024. Tax authorities are investigating the transactions amid concerns over potential tax avoidance.
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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.
Folha e il Centro Studi Finanziari della FGV hanno lanciato mercoledì (17) la seconda edizione dell’indagine sulla diversità nelle aziende brasiliane, esaminando l’inclusione per genere, razza ed età nelle società quotate in borsa. Lo studio mostra miglioramenti sottili nella partecipazione femminile e di neri, pardos e indigeni, ma avverte di disuguaglianze persistenti nei vertici dirigenziali e pratiche di diversity washing. Basato sui dati CVM del 2024, il rapporto evidenzia 20 aziende leader in DEI e nota omissioni di dati da parte di 85 società.
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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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