Philippines
Philippines' Figaro Coffee Group reports 36% surge in after tax net profit in 2024
The group’s growth was boosted by the expansion of its pizza business.
11 hours ago
Philippines' Figaro Coffee Group reports 36% surge in after tax net profit in 2024
The group’s growth was boosted by the expansion of its pizza business.
11 hours ago
Jollibee Group reports net income increase of 15.3% in Q3 2024
The group attributed the growth this quarter to its acquisition of Compose Coffee.
4 days ago
Shakey’s Pizza Asia posts flat revenue amidst expansion and sales building investments
However, the group expects sales boosts during the holidays to boost their net income to double digits by year-end.
4 days ago
Jollibee Group acquires full ownership of Tim Ho Wan
They have acquired it for the amount of S$20.2m.
Chatime revamps Philippine menu in face of ‘boba’ bubble burst
It wants to go beyond just bubble tea by relaunching its smoothie line.
Shakey’s Pizza Asia targets US expansion
The registration is expected to be completed after 30 days.
Philippine bubble tea brand Moonleaf launches anniversary sale on 3 October
The brand will ofer milk teas for a quarter.
Jollibee eyes US listing—report
The brand recently invested in a South Korean coffee chain.
Jollibee buys Korean coffee brand Compose Coffee for $340m
It will own a 70% stake in the coffee brand.
Asian fast food giant Jollibee suffers data breach
Read the full statement here.
Jollibee shells out S$90m in F&B investment fund
The fund aims to either bolster Asia Pacific food brands or bring strong brands to Asia.
Jollibee ranked as second-fastest growing brand in 2024
It has a brand value of 51% to $2.3b.
Jollibee installs 6,300 solar panels in manufacturing facility
This is part of the group’s global sustainability agenda.
Duck Donuts to open in the Philippines
The brand is planning to open 25 outlets over the next six years.
Jollibee bolsters investment in Tim Ho Wan parent
JFC previously invested in the group in 2018.
Singapore’s Common Man Coffee Roasters sets Philippine debut
Jollibee Foods Corporation entered a joint venture to bring the brand to the Philippines.
Jollibee reports mix global same-store sales performance in Q3
The Asian fast-food giant reported an operating profit of Php4.3b in the quarter.
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Innovations in QSR could be rolled out in months thanks to Gen AI
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Key AI applications include predictive forecasting, finance automation, and personalisation.
Key AI applications include predictive forecasting, finance automation, and personalisation.
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People want experiences – but not at the cost of food & beverage