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Aloft Surabaya Pakuwon City Debuts as East Surabaya’s Newest MICE Destination

SURABAYA, Indonesia, Sept. 15, 2025 /PRNewswire/ — Aloft Surabaya Pakuwon City, the first Aloft in Surabaya and part of Marriott International, introduces a fresh destination for meetings, incentives, conferences, and exhibitions (MICE) in East Surabaya. Designed for today’s business and social events, the hotel features expansive, tech-ready venues complemented by bold design and lifestyle-driven hospitality.

Bold, tech-ready and versatile, Aloft Surabaya’s meeting spaces redefine East Surabaya’s MICE scene with style and functionality.
Bold, tech-ready and versatile, Aloft Surabaya’s meeting spaces redefine East Surabaya’s MICE scene with style and functionality.

Connected directly to Pakuwon City Mall, the city’s largest lifestyle complex, the hotel offers unmatched convenience for business delegates. Its location also provides quick access to Kenjeran Beach, the Suramadu Bridge, and Juanda International Airport, making it a practical choice for both domestic and international travelers.

Flexible Spaces for Every Occasion

The property’s seven Tactic rooms feature modern design, colorful details, and adaptable layouts that inspire creativity. The ballroom spans 489 square meters with high ceilings, a generous pre-function foyer, and advanced audiovisual support. From product launches and conferences to weddings and exhibitions, every event can be tailored with a modern edge.

“As much as Aloft is about bold design and expressive energy, this hotel is also built for the business community,” said Reza Aryawarman, Multi-Property General Manager of Pakuwon Portfolio Hotels under Marriott International. “We’re proud to introduce a new MICE destination in East Surabaya, with facilities that cater to corporate and social events of every scale.”

True to the Aloft brand, the hotel combines business with lifestyle. Delegates can enjoy Asian comfort food with a modern twist at Vibe Restaurant, unwind over live music and cocktails at Echo Lounge & Bar, or connect casually at W XYZ® bar. For quick bites at any hour, Re:fuel by Aloft® keeps energy flowing 24/7.

Local Story, Global Energy

Adding a Surabaya twist, the hotel introduces mascots Elzo (Electric-Zone) and Keppy (Kepo and Happy), creative reinterpretations of the city’s folklore icons, Sura and Baya. Originating from the mural series “Merasa Bahagia” by Surabaya-born artist Peter Rhian (Redmiller Blood), the characters now appear in murals, digital art, and limited-edition merchandise, bringing local identity into a global stage.

The hotel features 233 loft-inspired guest rooms and suites, equipped with platform beds, walk-in showers, and 55-inch smart TVs. Smart layouts and modern amenities make the rooms ideal for both work and relaxation. Above each bed, variations of the “Merasa Bahagia” mural add a vibrant design detail, while large windows showcase views of Surabaya’s skyline, Kenjeran Beach, or the Suramadu Bridge.

Aloft Surabaya Pakuwon City proudly participates in Marriott Bonvoy®, Marriott International’s award-winning travel program. Members earn and redeem points for stays at more than 30 brands worldwide, unlocking exclusive benefits and curated experiences.

Bookings and event inquiries are now open at www.aloftsurabayapakuwoncity.com.

About Marriott Bonvoy®

Marriott Bonvoy, Marriott International’s award-winning travel platform, connects travelers to the people, places, and passions they love through an extraordinary collection of hotels and experiences worldwide. The platform features over 30 hotel brands and 10,000 destinations, including the largest collection of luxury offerings, distinctive boutique properties, premium home rentals, and more, providing renowned hospitality across the globe. With unrivaled access to the best in entertainment, culinary, sports, outdoor adventure, arts, culture, and more, Marriott Bonvoy offers transformative travel experiences that leave a lasting impression.

Marriott Bonvoy membership is free and unlocks unique benefits including the ability to earn points through travel and everyday activities, like purchases with co-branded credit cards. Members can redeem their points for free stays, experiences and more. Visit marriottbonvoy.com for more information and download the Marriott Bonvoy app here. Travelers can connect with Marriott Bonvoy on Instagram, TikTok, YouTube, and Marriott Bonvoy Insiders.

About Pakuwon Group

Pakuwon Group is one of Indonesia’s leading real estate developers, known for its visionary approach in shaping urban living through integrated developments. With over four decades of experience, Pakuwon has built an impressive portfolio of mixed-use superblocks combining retail, residential, office, and hospitality components across key cities in Indonesia. The Group owns and operates landmark developments such as Tunjungan Plaza and Pakuwon Mall in Surabaya, Gandaria City in Jakarta, and Pakuwon Mall Jogja. In hospitality, Pakuwon continues to expand its presence with a growing collection of award-winning hotels under renowned international brands including Sheraton, The Westin, Four Points, Fairfield, and Marriott Hotels in Jakarta, Surabaya, Bali, Yogyakarta, and Bekasi. Pakuwon is committed to delivering impactful destinations that enhance the way people live, work, shop, and stay. For more information, visit www.pakuwonjati.com.

About Aloft Hotels®

With over 230 hotels now open in 33 countries and territories around the world, Aloft Hotels provides a forward-thinking hotel experience that helps guests enjoy the things they love while on the road. From gaming to cocktails and pet-friendly amenities, the brand offers flexibility with modern, welcoming spaces that encourage social interaction. The grab-and-go breakfast concept Re:fuel by Aloft® includes offerings such as cold brew coffee and breakfast sandwiches, while the W xyz bar features a vibrant social scene, unique music-inspired cocktail menu and easy-to-share light bites. The brand’s pet-friendly program ArfSM (Animals R Fun) welcomes guests’ furry friends to the hotel with special in-room pet amenities. Aloft connects people and places through local know-how and cultural nods that give guests the ultimate freedom to choose their own adventure. For more information, visit www.alofthotels.com and follow along on Facebook, X, and Instagram. Aloft is proud to participate in Marriott Bonvoy®, the global travel program from Marriott International. The program offers members an extraordinary portfolio of global brands, exclusive experiences on Marriott Bonvoy Moments, and unparalleled benefits including free nights and Elite status recognition. To enroll for free or for more information about the program, visit marriottbonvoy.com.

Aloft Surabaya Pakuwon City Debuts as East Surabaya’s Newest MICE Destination

SURABAYA, Indonesia, Sept. 15, 2025 /PRNewswire/ — Aloft Surabaya Pakuwon City, the first Aloft in Surabaya and part of Marriott International, introduces a fresh destination for meetings, incentives, conferences, and exhibitions (MICE) in East Surabaya. Designed for today’s business and social events, the hotel features expansive, tech-ready venues complemented by bold design and lifestyle-driven hospitality.

Bold, tech-ready and versatile, Aloft Surabaya’s meeting spaces redefine East Surabaya’s MICE scene with style and functionality.
Bold, tech-ready and versatile, Aloft Surabaya’s meeting spaces redefine East Surabaya’s MICE scene with style and functionality.

Connected directly to Pakuwon City Mall, the city’s largest lifestyle complex, the hotel offers unmatched convenience for business delegates. Its location also provides quick access to Kenjeran Beach, the Suramadu Bridge, and Juanda International Airport, making it a practical choice for both domestic and international travelers.

Flexible Spaces for Every Occasion

The property’s seven Tactic rooms feature modern design, colorful details, and adaptable layouts that inspire creativity. The ballroom spans 489 square meters with high ceilings, a generous pre-function foyer, and advanced audiovisual support. From product launches and conferences to weddings and exhibitions, every event can be tailored with a modern edge.

“As much as Aloft is about bold design and expressive energy, this hotel is also built for the business community,” said Reza Aryawarman, Multi-Property General Manager of Pakuwon Portfolio Hotels under Marriott International. “We’re proud to introduce a new MICE destination in East Surabaya, with facilities that cater to corporate and social events of every scale.”

True to the Aloft brand, the hotel combines business with lifestyle. Delegates can enjoy Asian comfort food with a modern twist at Vibe Restaurant, unwind over live music and cocktails at Echo Lounge & Bar, or connect casually at W XYZ® bar. For quick bites at any hour, Re:fuel by Aloft® keeps energy flowing 24/7.

Local Story, Global Energy

Adding a Surabaya twist, the hotel introduces mascots Elzo (Electric-Zone) and Keppy (Kepo and Happy), creative reinterpretations of the city’s folklore icons, Sura and Baya. Originating from the mural series “Merasa Bahagia” by Surabaya-born artist Peter Rhian (Redmiller Blood), the characters now appear in murals, digital art, and limited-edition merchandise, bringing local identity into a global stage.

The hotel features 233 loft-inspired guest rooms and suites, equipped with platform beds, walk-in showers, and 55-inch smart TVs. Smart layouts and modern amenities make the rooms ideal for both work and relaxation. Above each bed, variations of the “Merasa Bahagia” mural add a vibrant design detail, while large windows showcase views of Surabaya’s skyline, Kenjeran Beach, or the Suramadu Bridge.

Aloft Surabaya Pakuwon City proudly participates in Marriott Bonvoy®, Marriott International’s award-winning travel program. Members earn and redeem points for stays at more than 30 brands worldwide, unlocking exclusive benefits and curated experiences.

Bookings and event inquiries are now open at www.aloftsurabayapakuwoncity.com.

About Marriott Bonvoy®

Marriott Bonvoy, Marriott International’s award-winning travel platform, connects travelers to the people, places, and passions they love through an extraordinary collection of hotels and experiences worldwide. The platform features over 30 hotel brands and 10,000 destinations, including the largest collection of luxury offerings, distinctive boutique properties, premium home rentals, and more, providing renowned hospitality across the globe. With unrivaled access to the best in entertainment, culinary, sports, outdoor adventure, arts, culture, and more, Marriott Bonvoy offers transformative travel experiences that leave a lasting impression.

Marriott Bonvoy membership is free and unlocks unique benefits including the ability to earn points through travel and everyday activities, like purchases with co-branded credit cards. Members can redeem their points for free stays, experiences and more. Visit marriottbonvoy.com for more information and download the Marriott Bonvoy app here. Travelers can connect with Marriott Bonvoy on Instagram, TikTok, YouTube, and Marriott Bonvoy Insiders.

About Pakuwon Group

Pakuwon Group is one of Indonesia’s leading real estate developers, known for its visionary approach in shaping urban living through integrated developments. With over four decades of experience, Pakuwon has built an impressive portfolio of mixed-use superblocks combining retail, residential, office, and hospitality components across key cities in Indonesia. The Group owns and operates landmark developments such as Tunjungan Plaza and Pakuwon Mall in Surabaya, Gandaria City in Jakarta, and Pakuwon Mall Jogja. In hospitality, Pakuwon continues to expand its presence with a growing collection of award-winning hotels under renowned international brands including Sheraton, The Westin, Four Points, Fairfield, and Marriott Hotels in Jakarta, Surabaya, Bali, Yogyakarta, and Bekasi. Pakuwon is committed to delivering impactful destinations that enhance the way people live, work, shop, and stay. For more information, visit www.pakuwonjati.com.

About Aloft Hotels®

With over 230 hotels now open in 33 countries and territories around the world, Aloft Hotels provides a forward-thinking hotel experience that helps guests enjoy the things they love while on the road. From gaming to cocktails and pet-friendly amenities, the brand offers flexibility with modern, welcoming spaces that encourage social interaction. The grab-and-go breakfast concept Re:fuel by Aloft® includes offerings such as cold brew coffee and breakfast sandwiches, while the W xyz bar features a vibrant social scene, unique music-inspired cocktail menu and easy-to-share light bites. The brand’s pet-friendly program ArfSM (Animals R Fun) welcomes guests’ furry friends to the hotel with special in-room pet amenities. Aloft connects people and places through local know-how and cultural nods that give guests the ultimate freedom to choose their own adventure. For more information, visit www.alofthotels.com and follow along on Facebook, X, and Instagram. Aloft is proud to participate in Marriott Bonvoy®, the global travel program from Marriott International. The program offers members an extraordinary portfolio of global brands, exclusive experiences on Marriott Bonvoy Moments, and unparalleled benefits including free nights and Elite status recognition. To enroll for free or for more information about the program, visit marriottbonvoy.com.

Etiqa Insurance Singapore Launches “Live Ready With You” Brand Campaign that brings Readiness to Life in Uncertain Times

Etiqa reaffirms its commitment to being there for Singaporeans during life’s unexpected moments, inspired by real-life experiences and emotional stories


SINGAPORE – Media OutReach Newswire – 15 September 2025 – Etiqa Insurance Singapore today unveiled ‘Live Ready With You’, a new brand campaign that explores the moments when life takes an unexpected turn and one is left unprepared.

Etiqa's New Brand Campaign
Etiqa’s New Brand Campaign “Live Ready With You”

‘Live Ready With You’ builds on Etiqa’s long-standing ‘With You’ narrative that shifts the focus to how preparation, protection, and partnership can empower people move forward with resilience and confidence through life’s uncertainties.

With life bringing rapid changes and uncertainty through unexpected circumstances, there is a growing need for reassurance and trusted support. ‘Live Ready With You’ speaks directly to this need, reinforcing perceptions that Etiqa is more than just an insurer, but a partner that empowers individuals to face the future with greater confidence. It also reflects Etiqa’s ongoing commitment to making insurance more personal by standing by customers, offering peace of mind, and providing support when it matters most.

At the heart of the campaign are emotive stories that capture life’s unexpected turns, such as a sudden health scare, a surprise proposal, and a father torn between work and family, to a grandmother passing down her legacy and a traveller who loses his way. These moments are captured in a cinematic brand film comprising five vignettes, each illustrating that while life does not always go to plan, the right support can help individuals live ready for whatever comes next.

“Singaporeans are more financially aware than ever, yet there is still a sense of uncertainty about the future,” said Raymond Ong, CEO of Etiqa Insurance Singapore. “Readiness is not about having all the answers, but about having a trusted partner who gives you the confidence to move forward. Live Ready with You is our commitment to stand by our customers through life’s unexpected moments.”

The “Live Ready With You” campaign will roll out progressively across media channels starting 15 September onwards. Over a span of 12 weeks, the campaign will run across a mix of platforms including:

  • Digital channels: Including online videos, display and social platforms.
  • Out-of-home: Large-scale bus and Comfort taxi placements with exterior wraps and in-taxi screens, MRT stations, alongside premium digital sites such as Dhoby Ghaut and Bugis MRT, HarbourFront Twist, Downtown Aura pillars, Somerset 313 parapet, Beauty World Belle and bus shelter digital screens.
  • Owned channels: www.etiqa.com.sg/liveready and other customer touchpoints.

Campaign tagline: #LiveReadyWithYou

For more information, visit www.etiqa.com.sg/liveready

Hashtag: #EtiqaInsuranceSingapore #LiveReadyWithYou

The issuer is solely responsible for the content of this announcement.

Etiqa Insurance Pte. Ltd. (Etiqa Insurance Singapore)

Etiqa Insurance Pte. Ltd. (EIPL) is a life and general insurance company licensed and regulated by the Monetary Authority of Singapore and governed by the Insurance Act 1966. Having protected customers in Singapore since 1961 under the name United General Insurance Co. Sdn. Bhd., the company transitioned into the Singapore branch of Etiqa Insurance Berhad in 2009. Today, EIPL in Singapore stands as the pivotal operating entity of Etiqa Insurance Group, a leading insurance and takaful provider in ASEAN.

EIPL offers a comprehensive range of life and general insurance products accessible through its diverse distribution channels, including bancassurance, agents, brokers, financial advisers, partnerships, direct and online sales via Tiq by Etiqa. Etiqa is rated ‘A’ by credit rating agency Fitch for the group’s ‘Favorable’ business profile. EIPL is owned by Maybank Ageas Holdings Berhad, a joint venture combining local market expertise with international insurance knowledge, with 69% ownership by Maybank, the fourth largest banking group in Southeast Asia, and 31% by Ageas, an international insurance group operating across 13 countries.

StarHub Launches First-of-Its Kind ‘Dynamic Ad Pods’, Real-Time Ad Replacement on Live TV

Singapore’s first solution that replaces ads in live broadcast TV channels with personalised messages, targeted screen by screen

SINGAPORE, Sept. 15, 2025 /PRNewswire/ — StarHub is reshaping TV advertising with the launch of Dynamic Ad Pods, Singapore’s first solution that replaces ads in real time inside live broadcast TV channels. Unlike most connected TV ads that only run before or during on-demand shows, this innovation extends precision targeting into live programmes — unlocking new opportunities for advertisers while creating a more relevant and less repetitive experience for viewers.

Developed in collaboration with Hoppr, StarHub’s technology partner for Connected TV (CTV), Dynamic Ad Pods set a new benchmark for TV advertising in Singapore. It gives brands smarter, more relevant ways to connect with households, while making TV viewing smoother and less disruptive.

Drawing on insights from over 175 million hours of viewing data, StarHub’s advanced CTV Server-Side Ad Insertion (SSAI) technology makes it possible for two households watching the same live broadcast to see different ads at the same time, each tailored to their interests. This creates high-value opportunities across live sports, news, and primetime drama, supported by measurable performance and reduced media waste. Dynamic Break Matching ensures ads are seamlessly placed within programmes, minimising interruptions and keeping the viewing experience natural.

Dynamic Ad Pods also offer flexibility across a range of formats, including skippable pre-rolls before shows and stitched mid-rolls during both live broadcasts and on-demand content. All ads are delivered in a full-screen, sound-on, high-attention environment that maximises engagement without detracting from entertainment. This approach allows brands to engage viewers across the user journey, while controlling campaign reach and frequency effectively.

Unlike traditional TV advertising, which offers limited targeting and little control, Dynamic Ad Pods bring personalised ad replacements into linear broadcast feeds, customised down to each screen. With built-in brand safety controls and frequency capping, campaigns can be delivered with confidence, ensuring messages land effectively while reducing repetitive ads.

Beyond the TV screen, StarHub’s CTV solution extends campaigns across digital channels including display and WhatsApp, enabling brands to continue the conversation with audiences, retarget viewers, and drive conversions through clear Call-To-Actions. This creates a connected customer journey, from awareness to action.

By combining the broad reach and storytelling power of live TV with the precision and accountability of digital media, StarHub is giving businesses a powerful new way to achieve stronger outcomes while making TV time more enjoyable at home.

For more information, please visit www.starhub.com/business/advertising/advertising-platforms.html

StarHub Launches First-of-Its Kind ‘Dynamic Ad Pods’, Real-Time Ad Replacement on Live TV

Singapore’s first solution that replaces ads in live broadcast TV channels with personalised messages, targeted screen by screen

SINGAPORE, Sept. 15, 2025 /PRNewswire/ — StarHub is reshaping TV advertising with the launch of Dynamic Ad Pods, Singapore’s first solution that replaces ads in real time inside live broadcast TV channels. Unlike most connected TV ads that only run before or during on-demand shows, this innovation extends precision targeting into live programmes — unlocking new opportunities for advertisers while creating a more relevant and less repetitive experience for viewers.

Developed in collaboration with Hoppr, StarHub’s technology partner for Connected TV (CTV), Dynamic Ad Pods set a new benchmark for TV advertising in Singapore. It gives brands smarter, more relevant ways to connect with households, while making TV viewing smoother and less disruptive.

Drawing on insights from over 175 million hours of viewing data, StarHub’s advanced CTV Server-Side Ad Insertion (SSAI) technology makes it possible for two households watching the same live broadcast to see different ads at the same time, each tailored to their interests. This creates high-value opportunities across live sports, news, and primetime drama, supported by measurable performance and reduced media waste. Dynamic Break Matching ensures ads are seamlessly placed within programmes, minimising interruptions and keeping the viewing experience natural.

Dynamic Ad Pods also offer flexibility across a range of formats, including skippable pre-rolls before shows and stitched mid-rolls during both live broadcasts and on-demand content. All ads are delivered in a full-screen, sound-on, high-attention environment that maximises engagement without detracting from entertainment. This approach allows brands to engage viewers across the user journey, while controlling campaign reach and frequency effectively.

Unlike traditional TV advertising, which offers limited targeting and little control, Dynamic Ad Pods bring personalised ad replacements into linear broadcast feeds, customised down to each screen. With built-in brand safety controls and frequency capping, campaigns can be delivered with confidence, ensuring messages land effectively while reducing repetitive ads.

Beyond the TV screen, StarHub’s CTV solution extends campaigns across digital channels including display and WhatsApp, enabling brands to continue the conversation with audiences, retarget viewers, and drive conversions through clear Call-To-Actions. This creates a connected customer journey, from awareness to action.

By combining the broad reach and storytelling power of live TV with the precision and accountability of digital media, StarHub is giving businesses a powerful new way to achieve stronger outcomes while making TV time more enjoyable at home.

For more information, please visit www.starhub.com/business/advertising/advertising-platforms.html

FOMO Group Welcomes SGX Group to Capital Table As Shareholder, Expanding Its Blue-Chip Investor Base

SINGAPORE, Sept. 15, 2025 /PRNewswire/ — FOMO Group, a leading fintech group headquartered in Singapore, today announced that SGX Group (Singapore Exchange), Asia’s leading multi-asset exchange, has joined its capital table as shareholder. This marks a significant milestone for FOMO Group, further expanding its blue-chip investor base and reinforcing confidence in the Group’s long-term vision.

FOMO Group’s ecosystem—anchored by FOMO Pay, CapBridge, and 1exchange—offers one-stop financial services in cross-border payment, cross-asset investment, and real-world asset (RWA) tokenization. SGX Group, which invested in CapBridge and 1exchange, has become FOMO Group’s newest shareholder via a share exchange – joining a distinguished lineup of investors backing the Group’s mission to build licensed, next generation financial-technology solutions.

FOMO Group provides last-mile capabilities in digital payments, digital banking, and asset custody. With SGX Group’s strength as a robust capital markets infrastructure, future opportunities can be captured in areas such as digital capital markets infrastructure, the listing and trading of tokenized assets, real-time stablecoin-powered settlement, and cross-border capital-market connectivity.

Louis Liu, Group CEO of FOMO Group, said: “We are excited to welcome SGX Group as our newest shareholder. This represents a vote of confidence in our strategy and an opportunity to collaborate with SGX Group, Asia’s leading and trusted securities and derivatives market infrastructure. SGX Group’s deep expertise in capital markets, combined with our comprehensive digital finance capabilities, will unlock new possibilities for our merchants, corporates, and institutional clients.”

Amit Kedia, Executive Director, Finance and Corporate Development, SGX Group, said: “In a region rapidly embracing digital finance, there is a growing need for innovation that strengthens the trust and resilience of our market infrastructure. This presents opportunities for regulated interoperable solutions that enhance connectivity and efficiency across the ecosystem. FOMO Group is helping to build the foundation for the next generation of digital finance – seamless, secure and borderless financial experiences across the region.” 

FOMO Group remains committed to building trusted, regulated, and interoperable financial solutions that drive business growth across Asia. With SGX Group’s support, the Group is poised to accelerate innovation and deliver greater value across the capital markets and digital finance landscape.

About FOMO Group

Founded in 2015, FOMO Group is a fintech group based in Singapore, offering one-stop digital payment, digital banking, and digital asset solutions, bridging Web 2.0 and Web 3.0 ecosystems. FOMO Group owns three licensed financial institutions which operate independently from each other:

  • FOMO Pay – A major payment institution licensed in Singapore, Hong Kong and the United Arab Emirates, offering global collection and payout solutions. The company provides a one-stop digital payment infrastructure that enables seamless payment operations across fiat currencies and regulated digital assets for merchants, enterprises, and financial institutions.
  • CapBridge – A leading one-stop digital investment platform, offering top-tier funds, digital asset funds, bonds, equities, and insurance products. It provides mass affluent, HNWIs and institutional clients with seamless access to both private and public markets, meeting clients’ diverse asset allocation needs.
  • 1exchange – A licensed, leading exchange for tokenized real-world assets (RWAs). Offering full-stack on-chain infrastructure, the platform enables issuers to tokenize and list enterprise-grade RWAs, while providing investors a trusted gateway to trade and invest in modern digital assets, unlocking global liquidity.

For media inquiries, please contact marketing@fomopay.com.

 

Jollibee Group Reports 19.6% Systemwide Sales Growth in Quarter 2 2025

U.S. Growth Highlights Include New Jollibee Store Openings and Chickenjoy’s #1 Ranking


WEST COVINA, US – Media OutReach Newswire – 15 September 2025 – Jollibee Foods Corporation (PSE: JFC), also known as Jollibee Group and one of the largest Asian food service companies, recently reported its financial results of operations for the second quarter ended June 30, 2025, based on its Unaudited Consolidated Financial Statements.

In the United States, the company’s flagship brand, Jollibee, continued its rapid expansion, strengthening its presence in key metropolitan areas and driving brand affinity among both Filipino-American communities and mainstream consumers. The brand also celebrated a milestone as its flagship product, Jollibee Chickenjoy fried chicken, was ranked #1 on USA Today’s 10Best Fast Food Fried Chicken list for the second consecutive year.

Jollibee Group Chief Executive Officer, Ernesto Tanmantiong gave the following statement on the Jollibee Group’s performance for the second quarter:

“The Jollibee Group delivered strong financial results for the second quarter, with both revenue and profit growth accelerating compared to the first quarter – reflecting our continued business momentum and improved operational execution.

In the U.S. market, Jollibee Chickenjoy and our Coffee and Tea portfolio remain powerful growth drivers, building brand love among diverse consumer groups. Smashburger also continues its path toward stronger performance through operational enhancements, franchising, and menu innovation.

On a year-on-year basis, our consolidated revenues rose by 15.5%, driving a 19.1% growth in operating income. This growth reflects the strength of our Coffee and Tea segment and sustained contributions from Jollibee International, which includes North America, underscoring the effectiveness of our multi-brand and muti-market strategy.

The Jollibee Group achieved a record-high system-wide sales (SWS) of Php114.5 billion (approximately US$2.035 billion) for the quarter, marking a 19.6% increase year-on-year. Our international business delivered a robust 32.6% growth in SWS, fueled by a 68.8% surge in the Coffee and Tea segment, largely driven by Compose Coffee which accounted for 56.6% of the growth. Jollibee international continued its strong momentum, with SWS increasing by 15.4% versus the same quarter last year.

I am pleased to share that our Jollibee Chickenjoy has once again secured the #1 spot in USA Today’s 10Best Fast Food Fried Chicken list for the second consecutive year—a milestone that reflects our growing brand love and the passion of our teams in the U.S. and around the world.

My sincere thanks to our teams for their unwavering commitment and exceptional effort. I look forward to building on this momentum as we continue to pursue excellence across all markets.”

Quarter 2 (Unaudited)

% Change

1H 2025 (Unaudited)

% Change

Financial Data
In Php Millions Except for Per Share Data 2025 2024 2025 2024
System Wide Sales 114,542 (US$2,035.5) 95,799 (US$1,655.9) 19.6 217,738 (US$3,812.2) 182,626 (US$3,209.2) 19.2
Revenues 77,626 (US$1,379.5) 67,216 (US$1,161.8) 15.5 147,852 (US$2,588.6) 128,520 (US$2,258.4) 15.0
Operating Income 6,037 (US$107.3) 5,069 (US$87.6) 19.1 10,846 (US$189.9) 9,160 (US$161.0) 18.4
EBITDA 11,153 (US$198.2) 9,823 (US$169.8) 13.5 20,929 (US$366.4) 18,772 (US$329.9) 11.5
Net Income 3,416 (US$60.7) 3,187 (US$55.1) 7.2 5,914 (US$103.6) 5,891 (US$103.5) 0.4
Net Income Attributable to Equity Holders of
the Parent Company 3,211 (US$57.1) 3,041 (US$52.6) 5.6 5,617(US$98.3) 5,658 (US$99.4) (0.7)
Earnings Per Share – Basic 2.788 (US$0.050) 2.622 (US$0.045) 6.3 4.857 (US$0.085) 4.866 (US$0.086) (0.2)
Earnings Per Share – Diluted 2.780 (US$0.049) 2.618 (US$0.045) 6.2 4.843 (US$0.085) 4.858 (US$0.085) (0.3)

Apart from its demonstrated growth in the second quarter, Jollibee Group also grew by 19.2% in the first half compared to the same periods last year. Same-Store Sales Growth (SSSG) for the quarter was 5.5% with AC and TC growth of 2.7% and 2.8%, respectively.

SSSG of the international business grew by 4.1% led by strong results from North America (NA) Asian Brands posting +7.8%, Europe, Middle East, Asia (EMEA) +7.7%, The Coffee Bean and Tea Leaf (CBTL) +4.9%, Milksha +4.7%, Highlands Coffee +4.4% and China +3.9%. SSSG of the Philippine business increased by 6.4% driven by Mang Inasal (+12.0%), Red Ribbon (+8.4%), Yoshinoya (+7.9%), Panda Express (+7.8%) and Jollibee (+7.0%).

Operating income rose by 19.1% to Php6.0 billion (approximately US$ 107.3 million) with margin improving by 30 bps to 7.8% in Q2 2025. Net income attributable to equity holders of the Parent Company increased by 5.6% to Php3.2 billion (approximately US$ 57.1 million), reversing the decline seen in Q1 2025. Earnings per share (basic) grew by 6.3% to Php2.788 (approximately US$ 0.050).

Jollibee Group Chief Financial and Risk Officer, Richard Shin gave the following statement:

“Our strong operating results this quarter reflect not only the positive impact of our strategic acquisition but also the underlying resilience of our business. Disciplined execution of both our cost optimization initiatives and portfolio innovation efforts helped stimulate growth and profitability. The expansion in operating margin and earnings underscores the effectiveness of our strategy.

I am particularly pleased with the successful expansion of our international business, which is now making a meaningful contribution to the overall performance.

  • Jollibee international is delivering strong growth despite softness in the broader US market.
  • The Coffee and Tea segment continues its upward trajectory, emerging as one of the fastest-growing segments. Expansion across key geographies is driving incremental revenue and margin enhancement.
  • Compose Coffee is set to surpass 3,000 stores and remains on track to deliver a 36% Return on Invested Capital (ROIC) in 2025, demonstrating the value-creating potential of this acquisition.
  • Smashburger has a clearly defined path toward improving financial performance, supported by operational improvements, product innovations and conversion of company-owned stores to franchised stores.
  • China is showing early signs of recovery, marking a potential turnaround in performance.

Our strategic shift toward franchising, combined with disciplined capital allocation, is enhancing asset efficiency and ROIC. Today 69% of our stores operate under a franchised model, reflecting our ongoing transition to a more capital-light structure.

We also continue to deploy capital expenditures selectively, with a focus on supporting the growth in the U.S., Philippines, Jollibee international and coffee and tea brands. This balanced approach ensures that our investments are aligned with both strategic priorities and return objectives.

We remain confident in our direction and capabilities, and we are reaffirming our full-year guidance.”

At the end of June 2025, the Jollibee Group’s store network increased by 45.5% to 10,119 compared to a year ago: Philippines (3,424) and International (6,695) – 547 in China, 357 in North America, 400 in EMEA, 896 with Highlands Coffee mainly in Vietnam, 1,261 with CBTL, 346 with Milksha, 2,809 with Compose Coffee, and 79 with Tim Ho Wan.

Forward-Looking Statement Disclaimer

The foregoing disclosure contains forward-looking statements that are based on certain assumptions of Management and are subject to risks and opportunities or unforeseen events. Actual results could differ materially from those contemplated in the relevant forward-looking statement and JFC gives no assurance that such forward-looking statements will prove to be correct or that such intentions will not change. This Press Release discloses important factors that could cause actual results to differ materially from JFC’s expectations. All subsequent written and oral forward-looking statements attributable to JFC or person acting on behalf of JFC expressly qualified in their entirety by the above cautionary statements.
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The issuer is solely responsible for the content of this announcement.

About Jollibee Group

Jollibee Foods Corporation (PSE: JFC) (the “Company”) is one of the world’s fastest-growing restaurant companies, driven by its purpose of spreading joy through superior taste. It manages and operates a portfolio which includes 19 brands (the “Jollibee Group”) with over 10,000 stores and cafés across 33 countries.

The Jollibee Group’s portfolio includes nine wholly owned brands (Jollibee, Chowking, Greenwich, Red Ribbon, Mang Inasal, Yonghe King, Hong Zhuang Yuan, Smashburger and Tim Ho Wan), five franchised brands (Burger King, Panda Express, Yoshinoya, Common Man Coffee Roasters, and Tiong Bahru Bakery in the Philippines), and ownership stakes in other key brands like The Coffee Bean and Tea Leaf (80%), Compose Coffee (70%), SuperFoods Group that operates Highlands Coffee (60%), and bubble tea brand Milksha (51%). The Company also has membership interests in Tortazo, LLC, along with Chef Rick Bayless, for Tortazo in the U.S. and has recently invested in Botrista, a leader in beverage technology.

The Jollibee Group’s global sustainability agenda, Joy for Tomorrow, underscores its commitment to sustainable business practices across food safety, employee welfare, community support, good governance, and environmental responsibility, among others. These focus areas are aligned with the United Nations Sustainable Development Goals (UN SDGs).

The Company has been recognized as the Philippines’ Most Admired Company by the Asian Wall Street Journal, named one of Asia’s Fab 50 Companies, and listed among Forbes’ World’s Best Employers and Top Female-Friendly Companies. The Company is also a four-time Gallup Exceptional Workplace Award recipient and featured in TIME’s World’s Best Companies and Fortune’s Southeast Asia 500 List

To learn more about Jollibee Group, visit

FOMO Group Welcomes SGX Group to Capital Table As Shareholder, Expanding Its Blue-Chip Investor Base

SINGAPORE, Sept. 15, 2025 /PRNewswire/ — FOMO Group, a leading fintech group headquartered in Singapore, today announced that SGX Group (Singapore Exchange), Asia’s leading multi-asset exchange, has joined its capital table as shareholder. This marks a significant milestone for FOMO Group, further expanding its blue-chip investor base and reinforcing confidence in the Group’s long-term vision.

FOMO Group’s ecosystem—anchored by FOMO Pay, CapBridge, and 1exchange—offers one-stop financial services in cross-border payment, cross-asset investment, and real-world asset (RWA) tokenization. SGX Group, which invested in CapBridge and 1exchange, has become FOMO Group’s newest shareholder via a share exchange – joining a distinguished lineup of investors backing the Group’s mission to build licensed, next generation financial-technology solutions.

FOMO Group provides last-mile capabilities in digital payments, digital banking, and asset custody. With SGX Group’s strength as a robust capital markets infrastructure, future opportunities can be captured in areas such as digital capital markets infrastructure, the listing and trading of tokenized assets, real-time stablecoin-powered settlement, and cross-border capital-market connectivity.

Louis Liu, Group CEO of FOMO Group, said: “We are excited to welcome SGX Group as our newest shareholder. This represents a vote of confidence in our strategy and an opportunity to collaborate with SGX Group, Asia’s leading and trusted securities and derivatives market infrastructure. SGX Group’s deep expertise in capital markets, combined with our comprehensive digital finance capabilities, will unlock new possibilities for our merchants, corporates, and institutional clients.”

Amit Kedia, Executive Director, Finance and Corporate Development, SGX Group, said: “In a region rapidly embracing digital finance, there is a growing need for innovation that strengthens the trust and resilience of our market infrastructure. This presents opportunities for regulated interoperable solutions that enhance connectivity and efficiency across the ecosystem. FOMO Group is helping to build the foundation for the next generation of digital finance – seamless, secure and borderless financial experiences across the region.” 

FOMO Group remains committed to building trusted, regulated, and interoperable financial solutions that drive business growth across Asia. With SGX Group’s support, the Group is poised to accelerate innovation and deliver greater value across the capital markets and digital finance landscape.

About FOMO Group

Founded in 2015, FOMO Group is a fintech group based in Singapore, offering one-stop digital payment, digital banking, and digital asset solutions, bridging Web 2.0 and Web 3.0 ecosystems. FOMO Group owns three licensed financial institutions which operate independently from each other:

  • FOMO Pay – A major payment institution licensed in Singapore, Hong Kong and the United Arab Emirates, offering global collection and payout solutions. The company provides a one-stop digital payment infrastructure that enables seamless payment operations across fiat currencies and regulated digital assets for merchants, enterprises, and financial institutions.
  • CapBridge – A leading one-stop digital investment platform, offering top-tier funds, digital asset funds, bonds, equities, and insurance products. It provides mass affluent, HNWIs and institutional clients with seamless access to both private and public markets, meeting clients’ diverse asset allocation needs.
  • 1exchange – A licensed, leading exchange for tokenized real-world assets (RWAs). Offering full-stack on-chain infrastructure, the platform enables issuers to tokenize and list enterprise-grade RWAs, while providing investors a trusted gateway to trade and invest in modern digital assets, unlocking global liquidity.

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