Philippines Today

Switch to desktop
Philippines Today

Philippines Today

MONEY HANLDERS SHOULD BE BONDED!

Published in JGL Eye

MAKATI CITY  As it expands further in the United States and other regions overseas, the country's fast food giant Jollibee Foods Corp. (JFC) has decided to increase its capital expenditures by about 14 percent to P10.4 billion in 2016.

 

JFC announced its expansion plans after net income attributable equitable holders of the parent company surged by 7.3 percent to P1.3 billion in the third quarter on higher sales.

 

This brought three-quarter net income to P3.86 billion, up 6 percent from P3.64 billion last year.

 

Company chief executive officer Ernesto Tanmantiong said that of the total P10.4 billion for capital expenditures, P7.5 billion would be earmarked for new store investments and the existing store renovations; and the remainder mostly for commissary expansion.

 

“For 2016, we plan to accelerate the expansion of our store network, opening even more stores than in 2015—in the Philippines and in all regions abroad,” he told the local bourse.

 

Tanmantiong said they intended to enter new countries such as Malaysia, Oman, Canada, Italy and the United Kingdom through its Jollibee brand.

 

“(We will also) open more stores in countries where we already have presence such as Singapore, Vietnam and the United States… We have an exhilarating period of growth ahead!” he said.

 

JFC’s system wide sales rose 13.7 percent to P32.3 billion in the third quarter from Php28.4 billion during the same period last year.

 

Higher sales was driven by a 6.1-percent increase in store network and about 7.6 percent same store sales growth on a worldwide basis.

 

Sales in the Philippines grew by 13.6 percent during the quarter against last year, China by 9.7 percent, the United States by 19.1 percent and Southeast Asia and the Middle East by 25.2 percent. Total sales of foreign businesses grew by 14.2 percent.

 

JFC operates the largest food service network in the Philippines. As of Sept. 30, 2015, it was operating 2,393 restaurant outlets in the country: 890 under Jollibee brand, 423 under Chowking, 222 under Greenwich, 355 under Red Ribbon, 457 under Mang Inasal and 46 under Burger King.

 

Abroad, it was operating 630 stores under various brands: Yonghe King, Hong Zhuang Yuan and San Pin Wang in China; Jollibee in United States, Vietnam, Brunei, Saudi Arabia, Qatar, Kuwait, Singapore and Hong Kong ; Red Ribbon in the US; Chowking in US, United Arab Emirates, Qatar, Oman and Kuwait; and Jinja Bar in US.

 

The JFC Group had a total of 3,023 stores worldwide.

 

Jollibee is bringing its flagship store Jollibee to five new markets next year, including the United Kingdom, Italy, Canada, Malaysia and Oman.

 

It also plans to open Jollibee stores in Australia and Japan in 2017, a company executive said over the weekend.


Jollibee vice president for international operations Dennis Flores said at the recent 41st Asia Pacific Retailers Convention and Exhibitions the company’s move to venture into new markets was in line with its thrust to make Jollibee a global brand.


“At present, Jollibee is present in two continents but in the next two years, we will see Jollibee in four continents,” Flores said.


The company said its first two stores in Europe would be located in London and Milan while the company’s first store in Canada would be in Toronto.


Flores said with the company’s venture in Oman, Jollibee would be present in all areas in the Middle East.


Jollibee’s aggressive expansion over the past years propelled the company to be ranked first in Asia and 10th in the world in terms of market capitalization among publicly listed quick-service restaurants.


Flores said Jollibee also continued to expand in existing markets such as Vietnam and Brunei.


Jollibee currently has 69 stores in Vietnam and plans to add 20 new stores while there are 12 Jollibee stores in Brunei, with 12 more slated for opening over the next six months.


Jollibee has completed the acquisition of a 40-percent interest in US-based burger chain Smashburger for $99.47 million.


The acquisition makes Jollibee’s presence in the US more significant and  make US one of Jollibee’s growth drivers of long-term growth, along with the Philippines, China and Filipino markets abroad.


The fast-food giant also has an option purchase up to an additional 35 percent of Smashburger between 2018 and 2021 and the balance of 25 percent between 2019 at the earliest and 2026 at the latest.


Jollibee has a network of 3,013 stores globally, including 2,384 in the Philippines and 629 outlets overseas.


It also has a 50-percent interest in joint ventures Highlands Coffee (Vietnam, Philippines), Pho24 (Vietnam, Indonesia, Cambodia and Korea) and 12 Sabu (China).


International unit Jollibee Worldwide Pte. Ltd. and its partner Jasmine Asset Holding Ltd. also formed Golden Cup Pte. Ltd. to be the main franchisee of the Dunkin’ Donuts brand in China. 

 

Jollibee earned P2.7 billion in profit in the first half, out of P47.9-billion revenues.

'Heneral Luna' making good in US theaters

Published in Entertainment

http://www.pinoyhdreplay.org/2015/09/heneral-luna-2015-full-movie.html

 

Will the Philippines' entry for the Best Foreign Film category in the Oscar Awards finally win?


The current film entry, "Heneral Luna," has broken the box office record in the Philippines netting over P250 million and is now on the road to making another record in theaters in the United States where it is currently show.


With the box office performance in the Philippines and in the United States, Filipinos are optimistic the win could happen with the acclaimed biopic "Heneral Luna," the country’s official entry in the prestigious awards.


"We are crossing our fingers, we could make it this time," producers of the movie and leaders of the industry in the Philippine were quoted as saying in unison.  


It was reported that while in the US, the actor is also shoring out Hollywood contacts. He is meeting with possible agents that would help him land Hollywood roles.


Arcilla has been in mainstream Hollywood films like the Bourne Legacy. His dream is to attend the Oscars for Heneral Luna at the 88th Academy Awards.

The movie which stars John Arcilla is about the life and death of General Antonio Luna, who is considered the country's greatest general during the Philippine-American war. It is currently showing in theaters in key cities in the United States and judging from the response, it is doing well.


Directed by Jerold Tarog, the movie also stars Epy Quizon, Joem Bascon, Archie Alemania, Aaron Villaflor, Nonie Buencamino, Ronnie Lazaro, Ketchup Eusebio, Paolo Avelino, Mylene Dizon and Mon Confiado as General Emilio Aguinaldo.


In Hollywood, ABS-CBN reported that as of last Monday, www.boxofficemojo.com, which reports movies' earnings, listed Heneral Luna at number 30, earning the highest percentage chunk among America's top 30 films. It garnered a 468.07 box office increase in its second week of US release.


ABS-CBN reported that its lead star, John Arcilla, is hoping that the strength continues as they are also courting Academy Awards voters to see Philippine hero Antonio Luna's biopic.


"I'm really wishing that we can create a really huge noise so that they will get interested--not only the Filipinos, but also the American communities---so that the voters of the Oscars will get interested to watch our film because we have 60,000 voters all over the US and we really have to get their attention," Arcilla said.

The Philippines has countless films about national hero, Jose Rizal, and Andres Bonifacio but "Heneral Luna" has been the most successful.


While the other films tended to leave viewers confused on whether the scenes showed on film happened in real life as some directors focused too much on artistic license, rather than on historical truth.


Not in the case of Jerold Tarog and his film, "Heneral Luna." Tarog was named Best Director in Cinemalaya Directors Showcase in 2013 for his film, "Sana Dati." He is also known for two other films, "Confessional" and "Mangatyanan," which, together with Sana Dati, completes his Camera Trilogy.


The film focuses on General Antonio Luna, the brother of the famous artist Juan Luna. The younger Luna is known for his bad temper, an aspect of his personality that was beautifully captured in "Heneral Luna."


Set during the Philippine-American war, "Heneral Luna" showed different aspects of the country's history that is rarely shown in other local films in this genre. Tarog did not hesitate to show the flaws in Luna's personality. Luna can be heard spewing curse words all throughout the film as he tried to win against the Americans.


Interspersed with Luna's tough personality is his determination to take back the country's independence, to the point of pushing almost everyone against him.


Although it is common knowledge that Luna died in the hands of fellow Filipinos, seeing it in action and in the big screen will make the viewers feel bad for Luna.


 The success of the movie could also be credited to its actors. John Arcilla is perfect for his role as the short-tempered Luna. His acting is complemented by Mon Confiado's superb portrayal as Emilio Aguinaldo.


Arcila and Confiado are joined by Epy Quizon, Joem Bascon, Archie Alemania, Aaron Villaflor, Nonie Buencamino, Ronnie Lazaro, Ketchup Eusebio, Paolo Avelino and Mylene Dizon, among others.


As soon as the film starts, Tarog warns viewers that he used his artistic license to alter series of events depicted in the film. Despite this, the film stuck as close as possible to historical facts, as seen in the details in the film.

 

One of the most unforgettable scenes in the film is Luna's death, which was depicted as close to the actual event as possible. Watching what happened to Luna may make one lose his or her faith in humanity, or in his or her fellow Filipinos, at the least.


Aside from his death, the film was also able to depict Luna as normal as possible. He is a man who curses, a man who loses his temper over small things, a man who loves, a brother, a son, a musician, and most importantly, a great leader who was not afraid to use violence to get what he wants.

(Photo from GMA)

 

MAKATI CITY  As it expands further in the United States and other regions overseas, the country's fast food giant Jollibee Foods Corp. (JFC) has decided to increase its capital expenditures by about 14 percent to P10.4 billion in 2016.

 

JFC announced its expansion plans after net income attributable equitable holders of the parent company surged by 7.3 percent to P1.3 billion in the third quarter on higher sales.

 

This brought three-quarter net income to P3.86 billion, up 6 percent from P3.64 billion last year.

 

Company chief executive officer Ernesto Tanmantiong said that of the total P10.4 billion for capital expenditures, P7.5 billion would be earmarked for new store investments and the existing store renovations; and the remainder mostly for commissary expansion.

 

“For 2016, we plan to accelerate the expansion of our store network, opening even more stores than in 2015—in the Philippines and in all regions abroad,” he told the local bourse.

 

Tanmantiong said they intended to enter new countries such as Malaysia, Oman, Canada, Italy and the United Kingdom through its Jollibee brand.

 

“(We will also) open more stores in countries where we already have presence such as Singapore, Vietnam and the United States… We have an exhilarating period of growth ahead!” he said.

 

JFC’s system wide sales rose 13.7 percent to P32.3 billion in the third quarter from Php28.4 billion during the same period last year.

 

Higher sales was driven by a 6.1-percent increase in store network and about 7.6 percent same store sales growth on a worldwide basis.

 

Sales in the Philippines grew by 13.6 percent during the quarter against last year, China by 9.7 percent, the United States by 19.1 percent and Southeast Asia and the Middle East by 25.2 percent. Total sales of foreign businesses grew by 14.2 percent.

 

JFC operates the largest food service network in the Philippines. As of Sept. 30, 2015, it was operating 2,393 restaurant outlets in the country: 890 under Jollibee brand, 423 under Chowking, 222 under Greenwich, 355 under Red Ribbon, 457 under Mang Inasal and 46 under Burger King.

 

Abroad, it was operating 630 stores under various brands: Yonghe King, Hong Zhuang Yuan and San Pin Wang in China; Jollibee in United States, Vietnam, Brunei, Saudi Arabia, Qatar, Kuwait, Singapore and Hong Kong ; Red Ribbon in the US; Chowking in US, United Arab Emirates, Qatar, Oman and Kuwait; and Jinja Bar in US.

 

The JFC Group had a total of 3,023 stores worldwide.

 

Jollibee is bringing its flagship store Jollibee to five new markets next year, including the United Kingdom, Italy, Canada, Malaysia and Oman.

 

It also plans to open Jollibee stores in Australia and Japan in 2017, a company executive said over the weekend.


Jollibee vice president for international operations Dennis Flores said at the recent 41st Asia Pacific Retailers Convention and Exhibitions the company’s move to venture into new markets was in line with its thrust to make Jollibee a global brand.


“At present, Jollibee is present in two continents but in the next two years, we will see Jollibee in four continents,” Flores said.


The company said its first two stores in Europe would be located in London and Milan while the company’s first store in Canada would be in Toronto.


Flores said with the company’s venture in Oman, Jollibee would be present in all areas in the Middle East.


Jollibee’s aggressive expansion over the past years propelled the company to be ranked first in Asia and 10th in the world in terms of market capitalization among publicly listed quick-service restaurants.


Flores said Jollibee also continued to expand in existing markets such as Vietnam and Brunei.


Jollibee currently has 69 stores in Vietnam and plans to add 20 new stores while there are 12 Jollibee stores in Brunei, with 12 more slated for opening over the next six months.


Jollibee has completed the acquisition of a 40-percent interest in US-based burger chain Smashburger for $99.47 million.


The acquisition makes Jollibee’s presence in the US more significant and  make US one of Jollibee’s growth drivers of long-term growth, along with the Philippines, China and Filipino markets abroad.


The fast-food giant also has an option purchase up to an additional 35 percent of Smashburger between 2018 and 2021 and the balance of 25 percent between 2019 at the earliest and 2026 at the latest.


Jollibee has a network of 3,013 stores globally, including 2,384 in the Philippines and  629 outlets overseas.


It also has a 50-percent interest in joint ventures Highlands Coffee (Vietnam, Philippines), Pho24 (Vietnam, Indonesia, Cambodia and Korea) and 12 Sabu (China).


International unit Jollibee Worldwide Pte. Ltd. and its partner Jasmine Asset Holding Ltd. also formed Golden Cup Pte. Ltd. to be the main franchisee of the Dunkin’ Donuts brand in China. 

 

Jollibee earned P2.7 billion in profit in the first half, out of P47.9-billion revenues.

 

Marian Rivera may give birth anytime

Published in Entertainment

(Photo from GMA)

Comely actress Marian Rivera may give birth to her first child with actor Jose Sixto "Dingdong" Dantes III anytime soon.


This surfaced as she bid goodbye temporarily to the GMA Network show "Sunday PinaSaya" where she is one of the hosts.

 

The Madrid, Spain born Marian was emotional when she last appeared in the weekend show which its producers converted also as her baby shower.


Marian and husband already has a name for their baby girl. And the name is Maria Letizia.


During the show, Marian's co-hosts wished her a safe delivery of baby and said that they will wait for her comeback.


“Sobrang mami-miss ko ‘tong Sunday PinaSaya kasi sobrang nag-e-enjoy ako,” she said. “Sobrang mami-miss ko kayo. Thank you sa Sunday PinaSaya family ko and syempre sa fans na nadiyan, thank you.”


“Babalik ulit si Judge MD,” she promised, referring to her segment in the show. 

Copyrighted for Philippines Today Tel: (650) 872-3200. Website developed by: SP3Media.com

Top Desktop version