food-and-beverage | ABS-CBN News

Fruitas Holdings forays into cloud kitchen with Nube Kuxina

ABS-CBN News
Posted at Sep 01 09:24 AM

Fruitas Holdings on Thursday said it would foray into the optimized distribution business with the announcement of its cloud kitchen called Nube Kuxina. Read more »

URC posts P6.5-B net income, record high sales in 1st half

ABS-CBN News
Posted at Jul 29 04:09 PM

Universal Robina Corp on Friday said its net income for the first half reached P6.5 billion, which is lower than the same period in 2021 due to the gains in sale of idle assets last year. Read more »

Figaro says on track to 150 stores this year

ABS-CBN News
Posted at Jun 15 04:45 PM

Figaro Coffee Group Inc on Wednesday said it is on track to meet its goal of growing its network to 150 branches by the end of the year as the economy further recovers. Read more »

URC net income hits P24.3 billion in 2021

ABS-CBN News
Posted at Mar 07 10:36 AM

Universal Robina Corp on Monday said it posted a net income of P24.3 billion in 2021 mainly driven by the gain from the sale of its Oceania business. Read more »

URC's Malaysian unit to acquire Crunchy Foods

ABS-CBN News
Updated as of Nov 26 01:44 PM

Universal Robina Corp said Friday its unit would acquire Crunchy Foods Sdn Bhd, the company that owns Munchy Food Industries, for P22.9 billion. Read more »

San Miguel Food and Beverage posts P24.2-B net income

ABS-CBN News
Updated as of Nov 11 11:48 AM

San Miguel Food and Beverage Inc on Thursday said its net income for the first 9 months of the year rose 68 percent to P24.2 billion. Read more »

Poe seeks MSME representation within IATF

ABS-CBN News
Posted at Aug 09 03:54 PM

Poe said small businesses should be represented in the country's coronavirus task force to protect them from abrupt quarantine implementations. Read more »

F&B service crew members miss 'Everybody Sing' jackpot

ABS-CBN News
Posted at Jun 07 11:37 AM

Members of the food and beverage service crew were featured during the Sunday episode of Vice Ganda’s newest ABS-CBN game show “Everybody, Sing!” Read more »

San Miguel Food sets P30-billion capex to fund new feedmills, warehouses

ABS-CBN News
Updated as of Jun 03 12:34 PM

San Miguel Food and Beverage Inc said Thursday it has allotted some P30 billion in capital expenditures to grow the capacity of its food division, especially feedmills.    Read more »

San Miguel Food and Beverage posts P9.68-B net income in Q1, up 66 percent

ABS-CBN News
Posted at May 05 05:23 PM

San Miguel Food and Beverage Inc (SMFB) posted a net income of P9.68 billion in the first quarter, up 66 percent from the same period last year, the company disclosed.  Read more »

HK restaurant, bar owners angry over gov't requirements for lifting COVID-19 restrictions

Cannix Yau, South China Morning Post
Posted at Apr 13 02:17 PM

Restaurant and bar owners in Hong Kong have reacted with anger and disappointment to the government’s requirements for easing the coronavirus restrictions on their businesses.   Read more »

San Miguel Food and Beverage net income hits P22.4 billion in 2020

ABS-CBN News
Posted at Mar 11 03:15 PM

San Miguel Food and Beverage Inc said Thursday its net income last year reached P22.4 billion following a strong rebound in the second half.  Read more »

Del Monte Philippines completes P6.47-B bond issuance

ABS-CBN News
Posted at Oct 28 04:39 PM

Del Monte Philippines Inc (DMPI) on Wednesday said it raised P6.47 billion in its first bond issuance, and intends to list the securities on the Philippine Dealing & Exchange Corporation on Oct. 30. Read more »

San Miguel assures public products are 'safe' despite COVID-19 cases

ABS-CBN News
Posted at Jul 31 03:56 PM

San Miguel Corp said Friday their products are safe for consumption after several of its logistics and third-party providers tested positive for COVID-19. Read more »

DTI says probing alleged abuse of PWD discount cards

ABS-CBN News
Posted at Jun 21 11:00 PM

Trade Secretary Ramon Lopez said that a group of restaurant owners has reached out to DTI regarding multiple fraudulent usages of PWD identification cards. Read more »

COVID-19 dents San Miguel Food and Beverage revenues

ABS-CBN News
Posted at May 28 09:24 AM

San Miguel Food and Beverage Inc said Thursday consolidated revenues declined in the January to March period due to the COVID-19 pandemic. Read more »

San Miguel: COVID-19 to shift food and drink consumption to homes

ABS-CBN News
Updated as of Mar 16 01:24 PM

San Miguel Corp said Monday it expected food and beverage consumption to shift to households from bars and restaurants as the government restricts public gatherings to contain the COVID-19 pandemic.  Read more »