TGI Fridays to open four new outlets, create at least 150 jobs in Singapore

$10 million will be invested to open four outlets in Singapore, which are expected to generate $12 million in revenue per year. PHOTO: TGI FRIDAYS/FACEBOOK
New: Gift this subscriber-only story to your friends and family

SINGAPORE - American bar and grill chain TGI Fridays (TGIF) which once had outlets in Singapore is making a comeback. On Friday, it announced plans to open between 75 and 100 restaurants across South and South-east Asia, including at least four in Singapore, over the next 10 years.

The deal, which will be executed in partnership with Singapore master franchisor Universal Success Enterprises, is the chain's largest ever, chief executive Ray Blanchette said at a signing ceremony on Friday.

Already a subscriber? 

Read the full story and more at $9.90/month

Get exclusive reports and insights with more than 500 subscriber-only articles every month

Unlock these benefits

  • All subscriber-only content on ST app and straitstimes.com

  • Easy access any time via ST app on 1 mobile device

  • E-paper with 2-week archive so you won't miss out on content that matters to you

Follow ST on LinkedIn and stay updated on the latest career news, insights and more.