Business
AGI to spend P75-B this year to sustain growth plans
Alliance Global Group Inc. (AGI), the holding company of tycoon Dr. Andrew L. Tan, is embarking on another heavy
July 19, 2024
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- Pampanga
Alliance Global Group Inc. (AGI), the holding company of tycoon Dr. Andrew L. Tan, is embarking on another heavy
McDonald’s Philippines, majority owned and operated by Golden Arches Development Corporation (GADC), renews its commitment to generating employment for Filipino students through its partnership with the Department of Labor and Employment (DOLE). The renewed partnership was formalized last July 14, with the signing of a Memorandum of Agreement (MOA) for the collaborative implementation of the Special Program for the Employment of Students (SPES).
With almost 60,000 employees to date, McDonald’s Philippines—under its master franchise holder and owner Dr. George T. Yang and President and CEO Kenneth S. Yang—will be providing over 20,000 career opportunities to Filipinos as it continues to open more stores all over the country.
“With every new store that we open, we are able to provide employment opportunities in local communities where the store is located. We directly hire all our people and do not practice contractualization. This has always been the way we hire our people since our chairman, Dr. George T. Yang opened the 1st McDonald’s in the Philippines in Morayta, Manila in 1981—and it is something that we will continue to do. We believe that if our people working in the restaurants have job security first, it will allow them to focus and do well in their job of serving our customers. ” said Kenneth S. Yang, President and CEO of McDonald’s Philippines.
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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