Philippines

Red Ribbon PH opens 38th bakeshop in the US

It is its fourth location in San Diego.

Olive Garden opens in Philippines

Casual dining restaurant opened on 12 September.

Jollibee shows stronger performance in H1 22 despite closures in China

Reimposition of strict lockdown measures globally may pose risk.

Philippines’ FRUITAS launches cloud kitchen 'Nube Kuxina' 

It will feature food brands, such as Balai Pandesal, and Ling Nam, amongst others.

Japanese restaurant Yoshinoya relaunches in the Philippines

This is the first Japanese food chain under the Jollibee Group.

Jollibee net income soars 186% in Q2 22

Its earnings reached P2.8b from P976m.

Fruitas posts record net income in Q2 2022 since listing

It reached over $411,000, increasing 232% YoY.

Max’s Group net income skyrockets by 332% to P239.5m in Q2 2022

This is thanks to the ongoing supply chain efficiencies.

Philippines 7-Eleven reverses losses in H1

Its net income reached P890.4m in the first six months.

AllHome net profit drops 65% in H1 

Its net profit declined to P222.1m, as of 30 June 2022.

Philippines’ Figaro Coffee declares P90m cash dividends

This is thanks to an over 50% net income growth in 2021.