The Jollibee 700th Store Milestone Celebration

Jollibee Harrison Road, Baguio City
26 November 2010

President Benigno S. Aquino III exemplified Jollibee Foods Corporation (JFC) as a company that exhibits today’s modern concept of “Bayanihan”, being one of the top job-generating company in the country, during its 700th Store Milestone Celebration in Harrison Road, Baguio City.

In his message, the President thanked JFC for their unwavering support in his leadership and the development of their charity programs geared to alleviate the country’s problem on hunger and poverty. The President also urged the locality to venture in business creation as problems with Bureau of Internal Revenue (BIR) business registration had already been straightened. According to the President, the creation of local businesses in the country is the key to address the perennial problem on unemployment.

The President personally thanked JFC for their support being the “unofficial food provide” during his 2010 presidential campaign.

President Aquino together with JFC Chair and CEO Mr. Tony Tan Caktiong and JFC’s Board of Directors officially opened the Jollibee 700th Store Milestone Celebration with the ceremonial ribbon cutting, unveiling of commemorative marker and the slicing of Jollibee’s Giant Champ.

Source: http://rtvm.gov.ph/
            http://www.youtube.com/watch?v=kAAAlDDZujQ 
 

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Pinoy Pride and No. 1 fast food chain in the Philippines

Pinoy Pride and No. 1  fast food chain in the country, kicked off its 700th store celebration with Philippine President Noynoy Aquino in Baguio City. 
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Jollibee MaAga ang PASKO

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Jollibee: Foreign operations to grow by 25%

Fastfood giant Jollibee Foods Corp. expects its foreign operations to account for 25 percent of business in the next two-three years and 50 percent by 2017.

“We believe overseas business to continue to grow. We will be able to deliver the 25 percent growth even without new acquisitions," Jollibee chief finance officer Ysmael Baysa said in an interview Monday.

“But if we acquire more businesses, then we will further accelerate the growth of our overseas business," he added.

Jollibee is planning to put up another 100 stores overseas. As of end-September, Jollibee operates a total of 375 stores in the US, China, Vietnam, and Middle East.

The company’s aggressive expansion overseas will not affect its Philippine plans, Baysa pointed out.

“We look forward to a reasonable growth in the economy and we look forward to more stores opening next year in the Philippines. Our bigger store opening overseas will not lessen store openings in the Philippines," he said. — JE/VS, GMANews.T


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