Picture yourself in 1930s Binondo, Chinatown—bustling, a hive of commerce and activity. On T. Alonzo street, lined with hardware stores and other commercial establishments, a cook held court at his modest but popular Chinese restaurant. That cook was Lido—and the eatery bore his name.
The Jollibee Group has opened the first international branch of Singapore’s famed Tiong Bahru Bakery in the Philippines, further expanding its global profile.
Food kiosk and restaurant entrepreneur Lester Yu is positive on growth for the year after listed Fruitas Holdings saw a 56 percent spike in first quarter 2024.
Businessman Lester Yu’s bakery chain Balai Ni Fruitas is looking to sustain growth momentum this year after net income surged 38 percent to P13.2 million.