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Tony Tan Caktiong
World Entrepreneur Of The Year

Fourth annual Ernst & Young event named Asian businessman Tony Tan Caktiong, head of Jollibee Foods Corporation, as 2004 World Entrepreneur Of The Year (WEOY) at an award ceremony held on 29 May in Monte Carlo, Monaco. Continue below.

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Fourth annual Ernst & Young event named Asian businessman Tony Tan Caktiong, head of Jollibee Foods Corporation, as 2004 World Entrepreneur Of The Year (WEOY) at an award ceremony held on 29 May in Monte Carlo, Monaco.

Tan Caktiong was hailed the first Filipino Entrepreneur Of The Year at an awards banquet held last March 23, 2004 in Manila. Afterwards, he proudly accepted the WEOY award along with his family at Salle des Etoiles Terrace (Summer Sporting Club) in Monte Carlo.

Courtesy of Air France, Tan Caktiong was also accompanied by David Balangue, chairman of SGV & Co., the Philippine practice of Ernst & Young, and president of the SGV Foundation, the official organizer of the Entrepreneur Of The Year Philippines program.

From modest beginnings as the owner of two ice cream parlors in Manila in the 1970's, Jollibee has grown to become one of the most admired and respected companies in Asia.

Jollibee Foods Corporation now employs 26,000 people in almost 1,000 outlets in seven countries, including the United States and China. In the Philippines, Jollibee commands 65% of the domestic fast food market, competing very successfully against established global brands.

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