With the global food crisis continuing to chafe, one of Southeast Asia's biggest fast-food chains is pushing to expand overseas to ease the impact of soaring agricultural prices on its profits at home.
Jollibee Foods Corp. is an icon in the Philippines for outselling McDonald's Corp. and Yum Brands Inc.'s KFC in a country obsessed with American-style fast food. It operates some 1,400 stores in the Philippines, compared with 280 run by McDonald's, its next-largest local rival. |
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ONE of Davao City's leading restaurant chains explained the padlocking of two of their outlets by the Business Bureau on Thursday night, saying there was a "delay" in their complying with the requirements asked for by the agency.
After its surprise inspection on the city's business establishments on Thursday, the bureau padlocked Banoks outlets on F. Torres St. and Quimpo Blvd. |
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Established in 1995, Banoks (short for barbecue manok) gained popularity for its superbly marinated and barbecued chicken, which needless to say, has easily found its way into practically everyone’s dining table. Banok is the brainchild of business partners Alex Montanes and Manuel “Bong” Villanueva. It now ranks among Davao’s home-grown restaurants that has become byword not just among the dwellers of this bustling city south of the Philippines; but among local and foreign tourists as well, whose travel to Mindanao is not complete without dropping by Banoks to savor its specialties. Banoks menu, which is predominantly “sinugba” (barbecued grilled meat or seafoods), “tinola” or “tinowa” (soup), and “kinilaw” (raw fish salad), area always a feast to the eyes and delight for the taste buds. Their SuTuKil (a combination platter of sugbang panga, tinola and kilaw with unlimited rice) is a crowd-drawer. |
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Boracay has bloomed so much in the past years, palanggas. So fast if moi may add. Now, we have another must-visit establishment in this paradise island (which is getting less of a paradise)—a full-service salon. It’s an establishment tourists and locals of the island have been waiting for.
Reyes Haircutters Salon was unveiled at a cocktail party. Flying over to Bora for this happening, dahlings, were Vice Governor Billie Calizo, movie and TV personalities Ton-Ton Gutierrez and Glydel Mercado; gorgeous actress and TV personality Francine Prieto with her steadier-than-steady escort, ABS-CBN’s Philip Cu-Unjieng; Reyes Hair Co. International Inc. president Dina Marie Reyes, chair and chief executive officer Les Reyes; and Rev. Fr. Michael Ibardolasa. They all couldn’t get enough of the excellently prepared buffet spread by the popular Sun Village Central Resort. |
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A group of some 80 homegrown franchise firms, which are small- and medium-scale, recently embarked on a campaign to promote entrepreneurship as their combined sales grew 31 percent to P13.8 billion in 2007.
Rommel T. Juan, president of the Association of Filipino Franchisers Inc., said in an interview that the group has grown to represent one percent of the country's gross domestic product from a handful of 10 founding member-firms in 1997.
"From a few outlets, we now have more than 4,000 spread across the country," Juan said. "From a few helpers, we now employ more than 24,000 employees." |
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