Philippines

Jollibee Foods Corporation incurs US$207m net loss in Q2

It expects financial performance to get progressively better in the next two quarters.

Jollibee Foods Corporation incurs US$207m net loss in Q2

It expects financial performance to get progressively better in the next two quarters.

Philippines' top chains adopt contactless payment solutions

Going cashless is emerging as a preferred mode of payment.

KFC Philippines opens virtual restaurant on “Animal Crossing”

The fast food chain created a virtual version of Colonel Sanders as its main character.

Jollibee opens first cloud kitchen in Chicago

The Philippine conglomerate previously announced such a move as a means to offset losses brought by COVID-19.

Philippine operator of Din Tai Fung launches in-house delivery service

Mo’Go can deliver orders as far as 25 km away from their stores.

Jollibee to spend US$138m on business restructuring

Part of the plan is to establish cloud kitchens.

Jollibee cuts capex as COVID-19 disrupts operations

The company said it is seeing early signs of recovery in China.

Jollibee offering ready-to-cook items amidst quarantine

The company previously launched an emergency response fund for employees.

McDonald's Philippines announces COVID-19 response fund

A special package will be given to staff working in selected stores that remain open during the quarantine.

Jollibee creates emergency fund for employees amidst COVID-19 quarantine

The package has coverage for senior citizens under its employment programme with local government units.

Max's Group grows net profit by 14.8%

The company’s earnings surged in Q4 2019.

JoyRide set to enter Philippines' food delivery scene

It will be joining regional mainstays GrabFood and Foodpanda.

Jollibee Foods Corporation's net income dips 14.4% in 2019

The fast food giant recorded a system-wide sales growth of 14.9% to P243.8 bn (US$4.8 bn).

Jollibee Foods Corporation raises US$600 million from maiden bond offering

The company said that the offering was oversubscribed by almost 10 times the original securities amount.

Jollibee opens US stores in Hawaii, Florida

The two recent openings bring the chain’s US store number to 41.