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Revenues

Business

McDonald’s Philippines poised for full recovery in 2022

With the Philippine economy in an upward trend, quick service restaurant giant Golden Arches Development Corporation (McDonald’s Philippines), majority owned, and operated by McDonald’s Master Franchise Holder, Dr. George T. Yang (Chairman & Founder) and Kenneth Yang (President & CEO), is poised for sustained growth and recovery in 2022.

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Business

GERI income up by 28% YoY to P412-M

Megaworld subsidiary Global-Estate Resorts, Inc. (GERI), the Philippines’ leading developer of master-planned integrated tourism estates, registered a total net income of P412.2-million, up by 28% versus the P322.6-million it reported last year.

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