Morelli's Gelato to open in Singapore and PhilippinesDecember 2011
Morelli’s Gelato is delighted to confirm our entry into two exciting new and high growth markets, the Philippines and Singapore with excellent partners in both.
In 2010 Philippines GDP grew by 7%, a reflection of the burgeoning retail culture that is growing in the thriving Philippines economy. Global Restaurant Concepts Inc. has been a key player in the development of high quality brands, particularly the five restaurant concepts it operates or owns, including California Pizza Kitchen and PF Changs.
Singapore has established itself as a financial and commercial centre to rival London and New York. In 2010 its GDP grew by nearly 15%. Its port is the busiest in the world and it also has a burgeoning retail culture. Our Singapore partners, Belgarath Group, are Canadian owned and have over 20 years experience in the Far East, including bringing Western casual dining franchise brands such as Chili's to the Singapore market and establishing them as best in class.
Morelli’s Gelato looks forward to seeing our first Far East stores open in 2012, and to expanding our presence across the region.