JFC - updates

Rappler's latest stories on JFC


Jollibee to buy master franchise holder of Tim Ho Wan

May 09, 2018 - 7:00 PM

Jollibee Foods Corporation is acquiring the master franchise holder of the Michelin-star dim sum restaurant chain through a private equity fund investment

Jollibee delivery website suspended over 'serious vulnerabilities'

May 08, 2018 - 9:13 PM

(UPDATED) The National Privacy Commission orders the suspension, saying that around 18 million users of Jollibee's delivery website are at risk

Jollibee stocks suffer after DOLE order to regularize over 6,000 workers

Apr 04, 2018 - 7:20 PM

Listed Jollibee Foods Corporation argues that it complies with the Labor Code, which allows 'contracting arrangements with legitimate service providers'

SHARES PLUNGE. Jollibee shares plunged 3.85% to settle at P285 each at the close of trades on Wednesday after the Department of Labor and Employment (DOLE) ordered Jollibee to regularize 6,482 workers. Photo by Alecs Ongcal/Rappler

Jollibee takes bigger bite out of U.S.-based Smashburger

Feb 13, 2018 - 5:10 PM

The homegrown fast-food giant will acquire an additional 45% stake in the American burger chain for $100 million

Jollibee-Globe deal allows free calls for delivery

Oct 02, 2017 - 4:50 PM

Globe subscribers can now call Jollibee's delivery hotline #87000 for free through their mobile phones. The service will also come to Burger King, Greenwich, Mang Inasal, and Chowking.

Jollibee eyeing British food chain Pret a Manger – report

Sep 19, 2017 - 12:47 PM

Jollibee is reportedly in talks for a possible $1-billon takeover of British sandwich chain Pret a Manger

STRANGE COMBINATION. Jollibee, homegrown fast food chain popular for its fried chicken and sweet-style spaghetti, is reportedly looking at acquiring Pret A Manger, a British company known for its organic coffee and fresh sandwiches. File image

Jollibee eyes branches in Toronto, Manhattan and Japan

Jun 30, 2017 - 7:41 PM

The fast food giant is on an expansion spree – with Manhattan and Toronto targeted by the end of the year

Jollibee to set foot in Europe

Apr 03, 2017 - 3:37 PM

The Filipino fast food giant plans to open its first Europe store in Italy where around 200 000 Filipinos reside

HELLO, EUROPE! Jollibee has been planning to go to Europe given the growing population of overseas Filipinos and Filipino migrants in that region. Photo by Rob Reyes/Rappler

Jollibee craves for more stake in Smashburger

Mar 14, 2017 - 7:51 PM

Acquiring more stake in Smashburger will allow Jollibee to take advantage of Americans increasing appetite for upmarket fast food chains

BIGGER BITE. Jollibee says acquisition of stake in Smashburger will make its presence in the US more significant. Rappler file photo

With 340 new stores, Jollibee's net income surges by 24.6%

Feb 14, 2017 - 6:19 PM

Jollibee records the highest number of store opening in a single year in the history of the fastfood firm

FOOD GIANT. Jollibee reports higher earnings for 2016. Photo by Agence France-Presse

Wanted: Younger farmers in PH

Feb 02, 2017 - 6:18 PM

Faced with a possible workforce gap companies are working with colleges and universities to provide young Filipinos the education needed to succeed in agriculture

BOOST AGRI. The joint venture partners will transform STI College–Tanauan in Batangas to be the initial vehicle for this collaboration. Rappler file photo

Jollibee divests in San Pin Wang for P650M

Dec 13, 2016 - 4:35 PM

Jollibee says the divestment is in line with its plan to focus on building its Yonghe King business its largest venture in China

IMPORTANT MARKET. Jollibee's China operations has been on a decline due to stiff competition. China is one of the most important overseas markets for Jollibee outside the Philippines. Rappler file photo

DICT bill now on Aquino's desk

May 16, 2016 - 2:40 PM

By June 9 President Benigno Aquino III will have to decide whether he will veto or sign the bill creating the Department of Information and Communications Technology DICT

HURDLED. President Benigno Aquino III has 'a 30-day review period' to decide on whether he will veto or sign the bill

Progress under Aquino but more reforms needed – foreign bizmen

Mar 01, 2016 - 6:48 PM

Foreign business executives based in the Philippines say BPO infrastructure manufacturing and tourism are sectors where progress has been made in policy and economic reforms

MAKE A DENT. Members of the Joint Foreign Chambers of the Philippines (shown in the photo) say weakest areas are now being focused upon by the National Competitiveness Council. Photo by Chrisee Dela Paz/Rappler

Biz groups, think tanks weigh in: How can PH broadband improve?

Feb 24, 2016 - 7:47 PM

Proposed solutions to fix low quality broadband include amending laws and leveling the playing field

SIGNIFICANT TO COMMERCE. A better Internet connectivity plays a significant role in commerce, education, and tourism,the Philippine Chamber of Commerce Incorporated says. Photo from Arangkada Philippines Twitter account

Jollibee's net income drops 10.4% in 2015

Feb 09, 2016 - 9:18 PM

The drop is caused by higher costs to cover investments for the long term

Jollibee completes 40% acquisition in US-based Smashburger chain

Oct 13, 2015 - 12:17 PM

UPDATED The homegrown fastfood giant will get a bigger bite into the 100 billion burger market with its latest acquisition worth nearly 99M

ACQUISITION. JFC says the acquisition of stake in Smashburger will make its presence in the US more significant.

What businessmen want to hear from Aquino's final SONA

Jul 25, 2015 - 8:30 PM

Business leaders weigh in on what they consider the biggest success and failure of the Aquino administration with less than a year to go before a new leadership steps in

SPELL OUT PLANS. Businessmen would rather hear President Benigno Aquino III’s future plans during his last SONA rather than his achievements. Illustration from Shutterstock

Business groups support Tax Incentives Act

May 31, 2015 - 8:58 PM

While praising the objective of the bill the coalition totaling more than 35 000 firms also suggests amendments

Foreign direct investments fall by 71% in January

Apr 10, 2015 - 3:55 PM

The latest record is the lowest in 13 months

Record high: Foreign direct investments rise 70%

Mar 10, 2015 - 3:36 PM

Still foreign business groups in the country think the country deserves more investments than what it is getting now

JFC pushes for swift BOT Law amendments

Feb 21, 2015 - 5:26 PM

Among the amendments the Joint Foreign Chambers is pushing for is the extension of the Swiss challenge

Jollibee to restore full menu this week

Aug 19, 2014 - 9:02 AM

All stores under its umbrella reopened on August 17

ALL STORES OPENED. The Jollibee Katipunan branch was closed on Thursday, August 13 at around 11 a.m. But this, among other 72 Metro Manila outlets reopened to strong sales on Sunday, August 17, Jollibee says in a statement. Photo by Mick Basa / Rappler.com

#ChickenSad no more: NCR Jollibee branches back to normal Aug 17

Aug 15, 2014 - 4:19 PM

Although some outlets will still be on a limited menu Jollibee assures the 100 availability of its bestsellers including ChickenJoy

With 2 years left in his term, Aquino has more to do, biz groups say

Jul 30, 2014 - 5:42 PM

President Aquino’s 5th State of the Nation Address earns raves rants from business groups and a former Cabinet official

Biz groups to gov't: Enact more economic reform bills

Sep 12, 2013 - 10:45 AM

Business groups say the passage of bills on customs modernization and rationalization of fiscal incentives among others are crucial to sustaining economic growth

Foreign biz group cites negative effects of wage hikes

Aug 07, 2013 - 2:43 PM

The Joint Foreign Chambers of the Philippines says any wage hike in NCR will result in layoffs relocation of foreign investors and higher inflation

Jollibee says election spending to boost 2012 sales

Jun 23, 2012 - 3:46 PM

Jollibee is cautiously optimistic about 2012