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News and Events

Jollibee Goes Mexican, Buys 47% Stake in US-Based Tortas Frontera

It's the latest acquisition for Tony Tan Caktiong's growing food empire

Homegrown fast-food group Jollibee Foods Corp. (JFC) has announced a $12.4-million deal with US-based Mexican food concept Tortas Frontera LLC, giving the Filipino firm a 47-percent stake in the American restaurant chain. This is the second major food venture of JFC in ...

by Elyssa Christine Lopez  | September 07, 2018 12:00:00
News and Events

Despite Bear Market, Injap Sia's DoubleDragon Meets Target and Raises Php4.5-B from Share Sale

The real estate developer listed an additional 150 million shares in the PSE last July 13

Listed real estate developer DoubleDragon Properties Corp. has raised Php4.5 billion worth of fresh funds from its follow-on offering, according to a photo release from the Philippine Stock Exchange (PSE) dated July 13.That means the company was able to sell all 135 ...

by Lorenzo Kyle Subido  | July 13, 2018 06:00:00
News and Events

Injap Sia’s DoubleDragon Posts 349% Profit Surge in 1st Quarter of 2018

Revenue growth driven by rental income from 29 CityMall branches with an average 95 percent occupancy rate

DoubleDragon Properties Corp., the listed real estate firm of billionaires Edgar “Injap” Sia II and Jollibee founder Tony Tan Caktiong, reported a 349-percent increase in net income for the first quarter of 2018, the company reported on May 15.In a press release, ...

by Elyssa Christine Lopez  | May 16, 2018 05:00:00
News and Events

(Look) Completion of DoubleDragon Plaza is Testament to Potential of Small Businesses, says Injap Sia

Scenes from DoubleDragon Properties’ inauguration of its first office tower and retail hub in Pasay City

Shower of confetti at the inauguration of DoubleDragon Plaza on May 7DoubleDragon Properties, one of the country’s newest property development companies, has inaugurated the first phase of its flagship office and retail project called the DoubleDragon Plaza in Pasay City on May ...

by Entrepreneur Staff  | May 08, 2018 02:00:00
News and Events

After 1,000th Store on 39th Year, Jollibee Steps Up Pace for Next Thousand

PH fast-food chain more than doubles rate of store additions

Jollibee’s 1000th store serves as a prototype for the new look of all upcoming branches of the brandFilipino fast food giant Jollibee Foods Corp. (JFC) opened its 1,000th Jollibee-branded local store in Taguig City on Monday, July 3, marking an important milestone 39 ...

by Elyssa Christine Lopez  | July 03, 2017 07:00:00
News and Events

How Injap Sia Grew DoubleDragon’s Net Income by 136% to Php1.5 B

The country’s youngest billionaire benefitted from early completion of projects and rising property prices

When DoubleDragon Properties, the real estate company jointly owned by Jollibee Foods Corp. founder Tony Tan Caktiong and Mang Inasal founder Edgar “Injap” Sia  II, listed in 2014, it promised investors the company’s net income will hit Php4.8 billion by 2020. It ...

by Pauline Macaraeg  | May 10, 2017 10:00:00
News and Events

‘Hugot’ Lines Win 20M Views for Jollibee Unit’s Online Video in China

An emotional family-oriented theme works well for the Chinese as for Pinoys

Short but well-told online video ads that celebrate close family ties, which are popular among Philippine audiences, apparently also find resonance among online viewers in China.When Yonghe King, a Chinese restaurant chain owned by Philippine fast food giant Jollibee Food, released an ...

by Pauline Macaraeg  | April 17, 2017 11:00:00
News and Events

Who's the Biggest Gainer, Loser Among PH Billionaires?

5 Filipinos in Forbes' 2017 billionaires list saw their net worth go up while 5 suffered declines

Despite faster economic growth last year, some of the extremely wealthy 14 Filipinos who made it to the Forbes 2017 Global Billionaires List saw the value of their fortunes decline in the year to March 2017.Of the 10 who returned from last ...

by Lorenzo Kyle Subido  | March 21, 2017 11:00:00
News and Events

14 Filipinos Make it to 2017 Forbes Billionaires List; Sy and Gokongwei Still On Top

New names include Ramon Ang, Eduardo Cojuangco Jr., Roberto Ongpin and Edgar "Injap" Sia II

Led by Henry Sy Sr., John Gokongwei Jr. and Lucio Tan, a record number of Filipinos  -- 14 in all -- made it to the 2017 Forbes World's Billionaires List, according to a new ranking released by the US business magazine Monday ...

by Lorenzo Kyle Subido  | March 21, 2017 12:00:00
News and Events

Doing Business With Injap Sia: A First-Hand Account From Jollibee Founder Tony Tan Caktiong

Tony Tan Caktiong's foreword for Life Principles By Injap Sia, a book being released this week

Every now and then you run into a very special person. You’re not planning on it, you’re not looking for it, but then it just happens. That’s what happened to me with Edgar ‘Injap’ Sia. Injap is one of those special people.I’ve ...

by Tony Tan Caktiong  | March 01, 2017 02:00:00
News and Events

Youngest PH Billionaire Releases Book on Principles Behind His Amazing Success

Mang Inasal's founder Injap Sia explains the personal values that guided his rapid rise to business prominence

Edgar "Injap" Sia II never ceases to amaze. Last September, Forbes reported that his net worth soared by $800 million to $1.2 billion, making him the Philippines' youngest dollar billionaire. Early this month, Bloomberg said his DoubleDragon Properties Corp.'s surged 2,500 percent ...

by Entrepreneur Staff  | February 26, 2017 10:00:00
News and Events

Injap Sia's DoubleDragon is Asia's Hottest Property Stock

Rising 2,500 percent since its IPO, the Manila-based builder beat 460 other Asian property developers, says Bloomberg

Edgar "Injap" Sia II's DoubleDragon Properties Corp. completed the first of its signature project—branded community malls—only less than two years ago but it already outperforms other property developers in the Philippines as well as Asia.Since its IPO in April 2014, DoubleDragon stocks ...

by Pauline Macaraeg  | February 03, 2017 02:00:00
News and Events

(Infographic) Why Jollibee Foods' Tony Tan Caktiong is an MVP Bossing

A quick look into the financial performance of the country's largest restaurant chain

Fast-food tycoon Tony Tan Caktiong is the seventh Grand MVP Bossing, the highest distinction in PLDT’s annual awards for outstanding entrepreneurs and business owners. The Jollibee Foods chairman was recognized for his inspiring entrepreneurial journey as well as the company’s brand awareness, ...

by Entrepreneur Staff  | November 30, 2016 01:00:00
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