Almost all of the firms, 1.5 billion US dollars in revenue in 2021, came from selling ingredients like packaging and equipment to franchise holders. Misha has huge factories and extensive supply chains, which let it keep down the store price of ice creams and teas. Right now it's very focused on growth in countries with rapidly growing economies including Indonesia, the Philippines, Thailand and Vietnam.
Deep in the mountains along the Thai border, a bloody civil war rages. Our correspondent gives us rare insight into one of the world’s oldest insurgencies. New, stringent election rules will soon be tested in Britain. We ask if voters are ready. And, the bubble tea franchise taking South-East Asia by storm.
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