ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronEye IconIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailMenu BurgerPositive ArrowIcon PrintIcon SearchSite TitleTitle ChevronIcon Twitter
Business

Jollibee shows Philippines' hunger for global growth

TOKYO -- Many Filipino children no doubt dream of having their next birthday at a Jollibee. The fast-food chain itself is pursuing bigger, international aspirations.

     With around 800 stores in the Philippines, Jollibee Foods has branched out into the U.S., the Middle East, Singapore and Vietnam. Last year, it opened a location in Houston, Texas. The chain's growth follows the trail of the Philippine diaspora. Besides feeding customers, the company has managed to serve up a return on equity of 21.2%.

     Jollibee is not the only high-earning Philippine company to set its sights abroad. As part of the English-speaking world, these businesses face no language barrier to overseas expansion.

     International Container Terminal Services operates in nearly 20 countries as far afield as Brazil and Nigeria. Manila Water, which runs water and sewer systems in the Philippine capital, has moved into Vietnam and Indonesia. Last month, it positioned itself to help Yangon, Myanmar's most populous city, improve water management.

     With so many Filipinos having gone abroad to work, service companies like Jollibee arguably have a lower hurdle to clear in globalizing.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

You have {{numberArticlesLeft}} free article{{numberArticlesLeft-plural}} left this monthThis is your last free article this month

Stay ahead with our exclusives on Asia;
the most dynamic market in the world.

Stay ahead with our exclusives on Asia

Get trusted insights from experts within Asia itself.

Get trusted insights from experts
within Asia itself.

Get Unlimited access

You have {{numberArticlesLeft}} free article{{numberArticlesLeft-plural}} left this month

This is your last free article this month

Stay ahead with our exclusives on Asia; the most
dynamic market in the world
.

Get trusted insights from experts
within Asia itself.

Try 3 months for $9

Offer ends June 30th

Your trial period has expired

You need a subscription to...

  • Read all stories with unlimited access
  • Use our mobile and tablet apps
See all offers and subscribe

Your full access to the Nikkei Asian Review has expired

You need a subscription to:

  • Read all stories with unlimited access
  • Use our mobile and tablet apps
See all offers
NAR on print phone, device, and tablet media