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1. Weekly Global Wrap: Starbucks announces licensing business restructure; Five Guys CEO gives employees US$1.5m bonus; McDonald's partners with KPop Demon Hunters 2. Global brands accept high costs as gateway strategy squeezes local shops 3. China's dining sector returns to ‘neutral’ as policy easing lifts demand 4. Chinese premium tea chain Auntea Jenny to expand to coffee 5. Social Media Wrap: Tim Hortons unveils Thai-exclusive menu; Domino's Singapore new pineapple inspired pizza; Starbucks Malaysia's Harry Potter-themed activationsResource Center
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Franchising
Singapore’s cost pressures force QSR brands to slow expansion
Beyond rent, operators flagged structural challenges that complicate execution.