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PSEi ends nearly flat amid lack of leads

13h bworldonline
THE PHILIPPINE STOCK EXCHANGE index (PSEi) managed to stage a last-minute rally on Friday to edge up from the past week, enabling the local benchmark to stay in step with several Asian peers. (27-0)

Double Dragon profit jumps 84% as of Sept

Double Dragon Properties Corp. said profit jumped in the nine months through September as revenues doubled. (2-0)

GDP data fail to perk up PH stocks

The benchmark Philippine Stock Exchange index sank on Thursday, despite the government’s announcement that the Philippines grew faster than expected in the third quarter of 2017. (22-0)

DoubleDragon earns 84% more to P1.4 B

2017-11-16 philstar
MANILA, Philippines — DoubleDragon Properties Corp., the listed property and mall developer of Mang Inasal founder Edgar “Injap” Sia II and Jollibee Foods Corp. chairman Tony Tan Caktiong, reported a net income of P1.4 billion in the first nine months, up 83.7 percent  year on year. (4-0)

DoubleDragon profits surge amid continued CityMalls expansion

2017-11-16 bworldonline
DOUBLEDRAGON Properties Corp.’s earnings surged 66% in the third quarter of 2017, primarily from the expansion of its community malls around the country. (9-0)

Restaurant M&A is making a comeback. Here are some potential targets

2017-11-15 cnbc
Restaurant deals are making a comeback. In part, this is because of the restaurants that went public several years ago amid a flurry of IPOs have watched their valuations drop. These restaurants have struggled to grow beyond their core region and to compete with newer or larger players. (7-0)

'Can I get it to go?' Canada's Trudeau charms Manila while ordering fried chicken - Channel NewsAsia

2017-11-12 channelnewsasia
MANILA: Canadian Prime Minister Justin Trudeau hopped from one table to the next, chatted with people and posed for selfies on Sunday (Nov 12) at a fastfood chain store in Manila, charming residents of the Philippines capital for the second time in two years. (2-0)

Ever expanding, Jollibee income up 16.3%

Fast-food giant Jollibee Foods Corp. grew its nine-month net profit by 16.3 percent year-on-year to P5.11 billion on higher earnings from its expanding restaurant network worldwide. (2-0)

Strong sales boost Jollibee profit in Q3

2017-11-10 bworldonline
FAST food giant Jollibee Foods Corp. (JFC) grew its profit by 21.1% in the third quarter of 2017, lifted by improved sales in both its local and overseas store network. (2-0)

Building an alliance culture in Asean

ASEAN FORUM Defense Secretary Delfin Lorenzana greets US Ambassador to the Philippines Sung Kim during a conference on “Asean Leadership Amid a New World Order” in Makati City. —AP (25-1)

Jollibee halts Hotpot store operations in China

2017-11-03 philstar
MANILA, Philippines — Jollibee Foods Corp. (JFC), the Filipino-owned food conglomerate, has decided to bid goodbye to its 12 Hotpot brand in the People’s Republic of China and will instead focus on other businesses in the Asian country and the rest of the world. (7-1)

Jollibee shuts China hot pot chain

2017-11-02 bworldonline
JOLLIBEE FOODS Corp. is closing its 12 Hotpot restaurant chain in China, as it shifts its focus on building larger brands in the country. (2-1)

In China, Jollibee favors noodles over hot pot

Fast-food giant Jollibee Foods Corp. shut down its hot pot dining business under the 12 Sabu brand in mainland China in order to focus on its bigger brands. (7-1)

Jollibee shuts down China hotpot business

Fast-food giant Jollibee Foods Corp. has shut down its hotpot dining business under the 12 Sabu brand in mainland China, mostly to focus on its bigger brands in this part of the world. (7-1)

First Metro, MSCI launch consumer-themed index

Fund management firm First Metro Asset Management Inc. (FAMI) has teamed up with leading global index provider MSCI Inc. to create a new Philippine index for passive investors who want to build a portfolio that rides on the country’s favorable demographics and consumption-driven economy. (20-0)