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Chowking Sales Beats McDonald’s

Posted on October 25th, 2008

Chowking, the 3rd to the largest fast-food chain in the Philippines had surpassed McDonalds’s in terms of sales and market share. Of course, we all know that Jollibee still remain on the top being the largest fast-food chain in the country.

Interestingly, the two guys behind the Chowking Php10 billion brand are no longer working in the said company. Raffy dela Rosa, Chowking’s former president is now heading Jollibee Food Corporation’s experiment carinderia food while Jojo Ajero, markerting manager, is putting up his own marketing consultancy business.

The current president of Chowking is Erwin Eliechicon, former Proctor & Gamble man and the new appointed marketing manager is Wendy Quashigah, the company’s media manager.

Mahan Airways, an Iranian airline, hopes to fly the Manila-Tehran-Dubai route by the end of the year, just in time to bring some Filipinos back to their homeland for Christmas.

The approval to fly four times a week of Civil Aeronautics Board is what Mahan Airways was waiting. The BSP or Bangko Sentral ng Pilipinas offers money to the money informants but the Anti-Money Laundering (Amla) Council does not offer such financial incentives to the one who give information regarding text or e-mail pyramiding and scams. The Amla Law was amended in the year of 2003.

So far, Vicente Aquino, executive director who headed the Amla has been able to recover Php900 million in pyramiding scam on annula budget of Php10 million.

The newly installed POEA or Philippine Overseas Employment Administration head Jennifer Manalili is said to renew the Employment Permit System (EPS) with South Korea this month.

Under the memorandum agreement of both government of the Philippines and South Korea, POEA, deals directly with its Sokor counterpart to lessen the pre-departure costs of overseas Filipino workers (OFW) and to protect their rights while in South Korea.

But that practice doesn’t quite work out and this was resulted to workers running away from their employers. POEA, itself is slowing down the processing of workers by 40% since in the second half of 2007 because Filipino labor attachés just can’t cope with the problem.

It is not cheap to get a job in South Korea, the OFW must have up an estimated Php 80,000 even before he leave the Philippines. Documents and miscellaneous fees amounting to Php 30,000 are also needed before they can go abroad.

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This entry was posted on Saturday, October 25th, 2008 at 3:31 am and is filed under Business Ideas, Corporations, Customer Satisfaction, Entrepreneur Philippines, Filipino Entrepreneur, Food, Franchise Business, OFW, Peso, Philippine Business, Philippine Business News, Philippine Business Opportunity, Sales. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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