Two Filipino firms were included in Forbes Asia’s elite group of the region’s best large publicly traded companies for 2015, dubbed the “Fabulous 50” list—“an annual honor roll highlighting some of the brightest stars in the Asia-Pacific,” the business magazine announced yesterday.
Returning to the list this year was fastfood behemoth Jollibee Foods Corp., which started as an ice cream shop in 1975 and has grown to more than 2,000 branches nationwide, outnumbering international rivals such as McDonald’s and KFC in terms of local branch network.
All told, Jollibee has 2,933 branches, including those overseas, and the company has plans of opening up to 330 more branches this year. Details