Fastfood chain Panda Express to open 1st Philippine branch in SM Megamall

PANDA Express is set to open its first branch in the Philippines “soon.” — COMPANY HANDOUT

JOLLIBEE Foods Corp. (JFC) is opening the country’s first Panda Express store in SM Megamall, Pasig City.

The announcement comes a year after the homegrown food giant said it has entered into a 50-50 joint venture with Panda Express operator, Panda Restaurant Group, Inc. The JV firm, called JBPX Foods, Inc., has an authorized capital stock of $5 million.

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