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.

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.

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.

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. 

Jollibee eyes US listing—report

The brand recently invested in a South Korean coffee chain.

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 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.