Bloomberg Jollibee Foods Corp., the largest Philippine restaurant operator, is looking toward foreign expansion and “opportunities” created by Covid-19 as it rebounds after historic losses induced by the pandemic. After a restructure amid last year’s setback, Jollibee CEO Ernesto Tanmantiong plans to open 450 restaurants around the world this year while looking for acquisitions that could be funded with the ...

Bloomberg Thailand’s finance ministry, the largest shareholder of Thai Airways International Pcl, signalled its support for a restructuring plan that includes raising fresh capital, a temporary freeze on repayment of borrowings and slashing its workforce by half to return the debt-ridden airline to profit. The key elements of the debt rehabilitation plan are “quite acceptable,” Pantip Sripimol, director general of ...

Bloomberg Boeing Co. selected a new honcho for its 737 Max jetliner program — the fifth executive to hold the post since 2018. Ed Clark Jr., a vice president who previously served as chief mechanic and chief engineer for the single-aisle aircraft family, was named general manager of the operation, according to a memo sent to employees. His duties include ...