Tim Ho Wan, the Jollibee Group’s flagship Chinese cuisine brand, has opened its latest restaurant at Mikiki Mall in Kowloon, bringing its total in Hong Kong to 10 locations—double the number from a year ago. All Hong Kong stores are profitable, with new openings reaching payback in under two years, highlighting a repeatable expansion model.
Ayala Land Inc. said it is not in a hurry to raise funds from the capital market, citing current uncertainties. The property developer still plans to tap the market this year to refinance around P20 billion in maturing debts, but will time any issuance according to its refinancing schedule, CFO Jose Eduardo Quimpo II said.
AppleOne Medical Group is expanding its hospital network across the Visayas and Mindanao to improve access to quality healthcare, especially in underserved areas.
The Philippine Stock Exchange index (PSEi) could finish the year at around 7,100 points, supported by solid corporate earnings and improving economic conditions, according to Philstocks Financials Inc. If reached, this level would signal renewed confidence in the stock market after recent volatility and reflect better prospects for listed companies.