Home Tags JFC

Tag: JFC

JFC allots P7B for business shake-up

JOLLIBEE Foods Corp. (JFC) will be spending P7 billion for its rationalization efforts across its businesses worldwide in 2020, including its move to bolster digital capacity, as it grapples with the impact of the global coronavirus disease 2019 (COVID-19) pandemic.

Jollibee slashes capex as COVID-19 disrupts operations

Jollibee Foods Corp. (JFC) is cutting its capital expenditure (capex) allocation for the year to P5 billion due to the operational adjustments brought by...

JFC inks deal to expand Tim Ho Wan in China

TIM HO WAN is set to open its flagship store in China after Jollibee Foods Corp.’s (JFC) Shanghai-based joint venture Hong Yun Hong Food and Beverages Management Co. Ltd. has secured a franchise deal to expand the Hong Kong-based dim sum business in the mainland.

Southern Capital partners with The Table Group

THE Philippine operator of California-based Coffee Bean & Tea Leaf (CBTL) has partnered with Singaporean firm Southern Capital the details of which have yet to be disclosed by the partners.

Jollibee invests $12.4 million in Mexican restaurant chain in US

Jollibee Foods Corp. said it will be venturing into the Mexican restaurant business in the US through acquiring almost half of a Chicago-based Mexican...

OUTLIER: Jollibee Foods Corp. (JFC)

JOLLIBEE FOODS CORP. (JFC) was one of the most actively traded stock in the local stock exchange last week with analysts pointing to the rebalancing of a global equity index that increased the stock’s weight, as well as expansion and solid sales.

JFC shuts delivery websites due to vulnerabilities

JOLLIBEE Foods Corp. (JFC) on Wednesday took down the delivery websites of its flagship brand, as well as Chowking, Red Ribbon and Greenwich, after...

JFC invests in Tim Ho Wan brand

HOMEGROWN food giant Jollibee Foods Corp. (JFC) will be investing 45 million Singaporean dollars, or around P1.74 billion, on the buyer of Tim Ho...

Jollibee boosts stake in Smashburger to 85%

Homegrown food giant Jollibee Foods Corp. (JFC) has further ramped up its stake in United States-brand Smashburger with an additional investment of $100 million. In...

Remembering Washington Z. SyCip: The Best Bookkeeper

Testimonials: The SyCip Trademark By Lucio C. Tan Outside of business, Wash and I shared a common passion: education. We both knew that only through education can...

Foreign chambers pitch reforms to Duterte gov’t

By Elijah Joseph C. Tubayan Reporter FOREIGN BUSINESS chambers in the country yesterday set the tone for engagement with the over one-year-old government of President Rodrigo...

Jollibee capex set to double amid aggressive store expansion

JOLLIBEE Foods Corp. said it is looking to breach the 4,000-store level across all its brands in 2017, while allocating P14.7 billion in capital...