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Philippines fast-food operator Shakey’s Pizza Asia says it plans to continue expansion across the region by opening 20 new stores this year. The openings will see the brand’s total outlets increase to 248 locations, according to a statement released by the…
Shakey’s Pizza Asia Ventures has followed archrival Yellow Cab into Dubai. The Philippine pizza brand says it has opened a store targeting the ranks of Filipinos working in the Middle East. Shakey’s Pizza Asia’s Dubai franchisee Aljeel Capital plans to open…
Pizza parlour chain Shakey’s Pizza Asia Ventures grew its first-quarter net profit by 6.4 per cent to PHP184 million (US$3.5 million), even as higher input costs tempered the impact of double-digit growth. Shakey’s grew its first-quarter systemwide sales by…
Shakey’s Pizza Ventures (Spavi) aims to raise more than P5.5 billion (US$113 million) through an initial public offering (IPO) in the Philippine Stock Exchange this year. The restaurant chain has filed a prospectus with the Securities and Exchange Commission…
Philippines conglomerate Century Pacific Group has partnered with Singapore’s sovereign investor GIC to buy the parent of Shakey’s Philippines, the pizza restaurant chain. The tie-up will acquire majority of of the business from the Prieto family, which will…
