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Showing posts with label Fast food. Show all posts
Showing posts with label Fast food. Show all posts

Thursday, May 17, 2012

Stock News 2012: Meralco says customers to see lower bills

Jollibee mascotJollibee mascot (Photo credit: Wikipedia)
fast food chains in the world” in its May 2012 issue.

The homegrown fastfood chain made it to the list alongside England’s Pret a Manger, Russia’s Teremok, Taiwan’s Din Tai Fung, Puerto Rico’s El Mason Sandwiches, Japan’s Ippudo, Australia’s Chocolateria San Churro, and Brazil’s Giraffas, among others.

“Fastfood gets a Filipino twist at this quick-serve chain, which is so beloved that its mascots star in their own children’s television show,” said author Jamie Feldmar in the article.

“There are more than 700 locations across the country, serving anything from fried chicken and hamburgers to local favorites like palabok, rice noodles with meat sauce, shrimp and hard-boiled egg.”

Feldmar also recommends the “Spicy Chickenjoy, fried chicken coated with chili powder” to first-time diners.

Apart from Chickenjoy, Jollibee also became a household name in the Philippines for its Jolly Spaghetti, Palabok Fiesta, Yumburger, and Peach Mango Pie, among other treats.

Starting as a two-branch ice cream parlor in 1975, it grew into what is now the largest and most popular fast food chain in the country.

Jollibee is the largest fast food chain in the Philippines, operating a nationwide network of more than 750 stores.

http://www.philstar.com/Article.aspx?articleId=807758&publicationSubCategoryId=63

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Monday, October 18, 2010

Stock News 2010: Jollibee buying 70% of Mang Inasal

This is photo I took at the front of the resta...Image via Wikipedia
FASTFOOD GIANT Jollibee Foods Corp. is buying 70% of the Mang Inasal chain of chicken restaurants for P3 billion.

In a disclosure, Jollibee Foods said it would pay P200 million in downpayment to the owner of Mang Inasal Philippines, Inc., Injap Investments, Inc. led by Edgar Sia III.

The homegrown fastfood chain said Mang Inasal would add the equivalent of 5% of Jollibee Foods' worldwide system sales and 7% of profits. The acquisition will also increase Jollibee Food's worldwide network of stores by 16%.


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