4 months Philippines’ Jollibee sets sights on Indonesia with Coffee Bean beachhead MB |Biz
By Reuters MANILA – Philippines’ Jollibee Foods Corp (JFC.PS) is training its sights on Indonesia, with newly acquired US chain Coffee Bean & Tea Leaf its entry point in the economically expanding and densely populated Southeast Asian neighbor, its top officials said. Ernesto Tanmantiong, the president and CEO of Philippine national champion Jollibee Foods Corp, and Ysmael Baysa, its CFO, pose for a picture outside a Jollibee branch in Pasig City, Metro Manila, Philippines, July 30, 2019. Picture taken July 30, 2019.(REUTERS / Eloisa Lopez / MANILA BULLETIN) Jollibee has for years planned to bring its Chickenjoy fried chicken and ... more