Philippines
Philippine brand BALAI net income soars to P9m in Q2
Philippine brand BALAI net income soars to P9m in Q2
This is up from P2m in the same period last year.
As demand soars, some Philippine Jollibee, McDonald’s stores face chicken supply crunch
Some customers have taken to social media to complain about being unable to buy some signature items.
McDonald’s Philippines says two more stores will be solar-powered
It intends to convert more of its existing stores to use solar power energy.
Max’s Group Q1 earnings dip 88% amidst lockdown restrictions
The company expanded its reach and market by exploring other channels, such as cloud kitchens, retail outlets, and e-commerce platforms.
Jollibee’s profit spikes 1,400% in Q1 due to asset sale
System-wide sales, including those from franchised locations, rose 25.5%.
Jollibee pays tribute to strength, selflessness of mothers in latest video
Inspired by a true story, the video highlights mothers facing various challenges but ensuring their families’ safety and happiness.
Jollibee CFO Ysmael Baysa to retire on April 30
He will be succeeded by Richard Chong Woo Shin.
Jollibee's latest safety video spotlights “newfound joy” of dining in-store after years of varying restrictions
Also highlighted were the chain’s fully vaccinated store teams and checking of vaccination cards for indoor dining.
Jollibee opens first store in Vancouver
This is the Philippine brand’s 23rd store in Canada.
Tealive eyes 30 Philippine stores by end-2022
The chain recently opened its first outlet in Manila.
Jollibee earmarks U$347m in capex after going back to profitability
The company, which has 17 brands in 34 countries, plans to add 500 new stores this year.
Philippines’ Figaro Coffee Group eyes new growth avenues following IPO
Net proceeds from the IPO will be used for store openings, renovations, commissary expansion, and others.
Jollibee to open stores in Scotland, Kuala Lumpur
The company continues its international expansion after initially being derailed by lockdowns.
McDonald’s Philippines opens second sustainable restaurant
The chain said this is their first store in the country to adopt a modular system of construction.
Jollibee swings to profitability in third quarter
It is also getting a majority stake in the firm that owns bubble tea chain Milksha.
Jollibee ups investment in Tim Ho Wan holding firm
The move comes amidst plans to aggressively expand Tim Ho Wan in China.
Burger King Philippines unveils Ghost Whopper
The chain is celebrating the launch by converting a drive-thru into a ‘haunted’ location.
Commentary
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