Tag: Jollibee

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Jollibee plans 800 new stores, P21B capex in 2025

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Jollibee Foods Corp. is cooking up another global growth push, setting aside P18 billion to P21 billion this year to open as many as 800 new stores—an expansion that could grow its footprint by up to 8 percent worldwide.

Sia, Tan Caktiong top off Hotel101 Madrid

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Mang Inasal founder Injap Sia and Jollibee founder Tony Tan Caktiong marked a major milestone on April 11 with the topping-off of the 680-room Hotel101-Madrid—just 11 months after construction began. The hotel is set to open in December 2025, in time for the highly anticipated Formula 1 Grand Prix in Madrid.

Jollibee Worldwide plans U.S. dollar bond offering

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Jollibee Worldwide Pte. Ltd. (JWPL), a subsidiary of Jollibee Foods Corp., has appointed J.P. Morgan and Morgan Stanley as joint global coordinators and bookrunners for a potential U.S. dollar-denominated bond offering. 

Jollibee global expansion boosts earnings, profits up 18%

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Jollibee Foods Corp. continued its steady expansion both locally and abroad, driving an 18 percent rise in net income to P10.32 billion last year. The growth keeps the company on track to meet its five-year goal of tripling net profit to P26 billion by 2028.

Four of 17 Jollibee food brands adjudged ‘America’s favorite’

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The influential Newsweek magazine has named four of Jollibee Foods Corp.’s brands as America’s favorite. 
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DENR set public scoping for P13.5-B Magat pumped-storage hydro project in Isabela and Ifugao

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The Department of Environment and Natural Resources (DENR), through the Environmental Management Bureau (EMB), has scheduled a public scoping activity for the proposed 97-megawatt (MW) Magat pumped-storage hydro (PSH) project worth P13.5 billion in the provinces of Isabela and Ifugao.

Fuel prices seen rising this week as global oil costs climb

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Motorists need to prepare for another round of fuel price increases this week, with both gasoline and diesel expected to become more expensive due to rising global oil prices and renewed tensions in the Middle East.

Jollibee sees steady growth despite price hikes and rising costs

Corporate 0
Jollibee Foods Corporation expects both same-store sales and system-wide sales to grow by a single-digit rate this year, even after implementing price increases across its stores, company executives said.

ManageEngine upgrades Log360 with AI-driven security automation

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ManageEngine, the enterprise IT management division of Zoho Corporation, has announced a major upgrade to its Log360 security platform, adding built-in security orchestration, automation, and response (SOAR) capabilities aimed at helping companies respond faster to cyber threats.

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