beverages - updates

Rappler's latest stories on beverages

ARTICLE FINDER

Mexicans dying from adulterated alcohol as beer runs dry

May 18, 2020 - 11:15 AM

The first of at least 121 deaths in recent weeks occurs at the end of April in the western state of Jalisco

Filipinos drink more beer, but SMFB income still down 5% in H1 2019

Aug 07, 2019 - 8:50 PM

San Miguel Food and Beverage reports strong beer sales, but pricing pressures from its food group weighed down on margins

Photo from Shutterstock

Sulu gets first outside investment with food and beverage company

Dec 14, 2018 - 7:21 PM

In a historic first, Sulu Food and Beverage Corporation is the first outside investment for the archipelagic province to register with the Regional Board of Investments

FIRST OUTSIDE INVESTMENT. The ARMM Regional Board of Investment's approval of the Sulu Food and Beverage's application to register a project with the agency is a first for the province. Graphic by Raffy De Guzman

#AskTheTaxWhiz: Excise tax on sugar-sweetened beverages

Oct 03, 2018 - 11:00 AM

The Philippine Tax Whiz answers questions about excise tax on sugar-sweetened beverages

Coca-Cola looking at cannabis-infused drinks

Sep 18, 2018 - 8:49 AM

Coca-Cola says it is is 'closely watching the growth of non-psychoactive CBD (cannabidiol) as an ingredient in functional wellness beverages around the world'

Coca-Cola buys coffee chain Costa for £3.9B

Aug 31, 2018 - 4:04 PM

'Hot beverages is one of the few remaining segments of the total beverage landscape where Coca-Cola does not have a global brand,' says Coca-Cola chief executive James Quincey

PepsiCo taps healthier drinks market with SodaStream deal

Aug 21, 2018 - 2:55 PM

PepsiCo and arch-rival Coca-Cola have been diversifying away from their mainstay sodas in part to counter the onset of anti-obesity sugar taxes around the world

Taxes on sugary drinks hurt sari-sari stores – survey

Apr 19, 2018 - 4:40 PM

A Nielsen study shows consumers have been drinking less sugary drinks and even taking items out of their grocery baskets, as prices rose with the implementation of the tax reform law

PRICE HIKES.The retail price of a one-liter bottle of Coca-Cola, for instance, is projected to increase to P43 from the current P31, due to the tax reform law. Photo by Chrisee Dela Paz/Rappler

Universal Robina spending P8 billion in 2018

Apr 16, 2018 - 4:40 PM

Universal Robina Corporation earmarks a slightly lower capital spending budget this year, versus the actual spending of P8.13 billion in 2017

Appetite for chicken, fresh meat boosts San Miguel Pure Foods' income

Mar 14, 2018 - 5:00 PM

But its milling business remains affected by the continued deceleration of global wheat prices

INCOME UP. Filipinos love for chicken and fresh meat helps to boost San Miguel Pure Foods profits. Photo by Agence France-Presse

Existing stocks of sweetened drinks exempt from new tax rates – DTI

Jan 03, 2018 - 9:00 PM

The Department of Trade and Industry also eyes freezing prices of sugar-sweetened beverages until the middle of January

NEW TAX CODE. New excise tax rates should not impact sweetened beverage being sold at grocery stores and fuel at filling stations for two to 3 weeks as they still carry inventories of old costing, DTI says. Photo from AFP

Foreign firms eyeing piece of San Miguel's food, beverage unit

Nov 22, 2017 - 5:10 PM

This is amid the San Miguel subsidiary's plan to sell up to 30% of its shares, earmarked at $3 billion, mainly through private placements

SHARE SALE. 'There are several big, foreign companies that are offering. We think we will sell 30% of our traditional business. That's around $3 billion,' Ramon Ang told reporters. Photo by Martin San Diego/Rappler

Is tax on volume-based, sugar-sweetened drinks good for our nutrition?

Sep 10, 2017 - 10:03 AM

While the proposed tax targets obesity and overweight it risks hurting those already susceptible to malnutrition

Tax on sugary drinks? Nutritionists say they help poor meet dietary needs

Aug 31, 2017 - 3:22 PM

Senator JV Ejercito suggests imposing the tax based on the drink s sugar content not volume

ANTI-POOR? A bill pending in Congress proposes to impose a P10 tax per liter of sugar sweetened beverage. File photo by Justin Sullivan/AFP

BPOs 'safe' from tax reform, sugar-sweetened milk under deliberation

Aug 10, 2017 - 7:35 PM

Finance Secretary Carlos Dominguez III says incentives for BPO companies will remain The fate of milk products in the proposed tax reform package however is still up in the air

Netizens react to proposed tax on sugary drinks

Jul 14, 2017 - 5:27 PM

Majority of respondents feel the additional tax will be a burden for consumers

Malampuson: Success stories made in Cebu

Jul 12, 2017 - 10:00 AM

Eric Smith, Cattski Espina, and Joe Soberano are trailblazers in their respective fields in Cebu. These are their success stories.

Unlocking Metro Manila’s best kept hangout spots

Jun 27, 2017 - 7:53 PM

Know where you can enjoy the best booze and grub around the Metro

INFOGRAPHIC: How tax reform hits your favorite drinks

Jun 03, 2017 - 5:00 PM

The Philippine Chamber of Food Manufacturers says the excise tax on sugar sweetened beverages in the proposed tax reform package is the highest in the world

House passes reform bill, with higher tax rate for 'super-rich'

May 31, 2017 - 5:53 PM

While HB 5636 will lower personal income tax rate to 25 VAT exemptions will be lifted on several sectors

APPROVED. The House approves the first batch of tax reforms being proposed by the Duterte administration. Photo by Mara Cepeda/Rappler

Duterte certifies tax reform bill as urgent

May 29, 2017 - 4:00 PM

The House of Representatives could approve the bill on both 2nd and 3rd readings this week

President Rodrigo Duterte now wants the House to prioritize the tax reform bill before it adjourns session this week. File photo by Malacañang  President Rodrigo Duterte now wants the House to prioritize the tax reform bill before it adjourns session this week. File photo by Malacañang

House begins debates on Duterte tax reform package

May 23, 2017 - 11:05 PM

House ways and means committee chairperson Dakila Cua estimates P157 2 billion in government revenues will be generated from the tax reform package in its first year of implementation

PLENARY. Lawmakers hold their plenary session on May 23, the same day the tax reform package was sponsored for 2nd reading. Photo by Mara Cepeda/Rappler

FULL TEXT: Sugar-sweetened beverage taxes promise P47B revenue – Suansing

May 23, 2017 - 8:46 PM

Nueva Ecija 1st District Representative Estrellita Suansing says collection will be used to assist sugar farmers and fund school based feeding programs

SPONSOR. Nueva Ecija 1st District Representative Estrellita Suansing delivers her sponsorship speech for the tax reform package. Screengrab from the House Youtube account

FULL TEXT: Revenue from tax reform to improve Filipinos' lives – Cua

May 23, 2017 - 8:30 PM

The House ways and means committee chairman says the package aims to generate revenue for social welfare infrastructure education healthcare job generation among others

SPONSOR. House ways and means committee chairperson Dakila Cua delivers his sponsorship speech for the tax reform package. Screengrab from the House Youtube account

Absence of election spending drags Pepsi Cola PH's income

May 05, 2017 - 4:10 PM

Capital expenditure in the first quarter of 2017 amounted to P900 million as the company continues to invest in capacity and containers

PLUNGE. Pepsi Cola PH says it was able to maintain sales revenue at last year's level despite overlap of election-related spending which was present during last year's national election. Rappler file photo

Po family buys Hunt's license from Gokongweis

May 02, 2017 - 5:30 PM

While the Gokongwei group s Universal Robina focuses on its main brands Po family led Century Pacific forays into branded categories outside its core segments of marine meat and milk

CHANGING TASTES. Century Pacific is acquiring Hunt's license from the joint venture between Gokongwei-led Universal Robina and ConAgra Foods, North America's giant packaged food company. Image of Hunt's Pork & Beans from Hunt's official website

San Miguel may battle with Asahi, Kirin over Vietnam brewer Sabeco

Apr 04, 2017 - 8:45 PM

The Philippines most diversified conglomerate will participate in the public bidding for the sale of an 89 59 stake in Sabeco which will be conducted by the Vietnamese government

TAPS THE KEG. San Miguel is not the only brewer that has set it sights on Sabeco. Nikkei Asian Review reports that Asahi and Kirin are also interested. Rappler file photo

Jollibee to set foot in Europe

Apr 03, 2017 - 3:37 PM

The Filipino fast food giant plans to open its first Europe store in Italy where around 200 000 Filipinos reside

HELLO, EUROPE! Jollibee has been planning to go to Europe given the growing population of overseas Filipinos and Filipino migrants in that region. Photo by Rob Reyes/Rappler

Jollibee completes 2nd divestment in a month

Jan 04, 2017 - 11:45 AM

The fast food giant says its divestment is in line with the decision to focus on building Yonghe King its largest business in China

IMPORTANT MARKET. Jollibee's China operations has been on a decline due to stiff competition. China is one of the most important overseas markets for Jollibee outside the Philippines. Rappler file photo

Jollibee divests from Chow Fun for $1.6M

Dec 15, 2016 - 6:00 PM

The fast food giant says it plans to focus instead on building its larger businesses

IMPORTANT MARKET. Jollibee's China operations has been on a decline due to stiff competition. China is one of the most important overseas markets for Jollibee outside the Philippines. Photo by Agence France-Presse

Shakey's sizzles in PSE debut amid volatility

Dec 15, 2016 - 5:36 PM

Shakey s will end 2016 with a total of 184 stores while 20 new stores are in the pipeline for 2017

GOING PUBLIC. Shakey's selling up to 351.9 million primary and secondary shares, including 45.9 million shares to cater to extra demand. Photo from Shakey's Philippines Facebook page

Shakey's Pizza prices IPO at P11.26 per share

Nov 29, 2016 - 6:00 PM

Over the next 5 years the company plans to open 10 to 15 Shakey s stores annually Minimum investment for one store is between P15 million and P25 million

GOING PUBLIC. Shakey's files a prospectus with the Securities and Exchange Commission to sell up to 352 million primary and secondary shares, including 46 million shares to cater to extra demand. Photo from Shakey's Philippines Facebook page

Are you a young entrepreneur who wants a free trip to New Zealand?

Oct 19, 2016 - 12:50 PM

The week long program will give participants a better understanding of New Zealand’s food and beverage sector

'MIDDLE EARTH.' New Zealand's South Island boasts a variety of landscapes. All photos by Pia Ranada/Rappler

Nestle posts sluggish first half profits

Aug 18, 2016 - 11:55 PM

But the world s largest food company is optimistic it will see better performance in the second half of 2016

epa05247866 Nestle CEO Paul Bulcke speaks during the general meeting of Nestle Group in Lausanne, Switzerland, 07 April 2016. The world's biggest food and beverage company holds its 149th annual general meeting. EPA/LAURENT GILLIERON

Falling international sales continue to dog Coca-Cola

Jul 28, 2016 - 1:30 PM

The company says its bottom line was affected by the strong dollar s impact on earnings from countries with weak currencies

epa04687363 Indonesian workers stand near the Coca-Cola products in the Coca Cola Amatil Indonesia (CCAI) Cikekodan Plant in Bekasi, West Java, Indonesia, 31 March 2015. According to reports, the company will build a new plant in Cikedokan with planned investments worth 500 million US dollars to accelerate growth in Indonesian market in the next three to four years. EPA/BAGUS INDAHONO

Canned food linked to hormone-disrupting BPA – study

Jun 30, 2016 - 2:29 PM

The study also suggests that specific canned foods are linked to higher levels of Bisphenol A a hormone disrupting industrial chemical

French foie gras industry struggling after bird flu scare

Jun 29, 2016 - 11:30 AM

Producers of the luxury delicacy expect a 25 drop in production this year plus higher prices

Ducklings are pictured on the farm of Claude et Annie Lataillade in Bidache, southwestern France, on May 23, 2016. In the Basque Country, duck breeders resist avian crisis that threatens the French foie gras, but are uncertain about the future: stop everything and sell even at a loss, or modernize by investing, if banks want to follow. / AFP PHOTO / IROZ GAIZKA

New Nestle CEO to lead health pivot

Jun 29, 2016 - 12:15 AM

Ulf Mark Schneider who thrived as the head of a healthcare company is seen to trigger a new era at Nestle

epa04344374 (FILE) A file picture dated 28 February 2002 of a Swiss flag flying over Nestle's headquarter in Vevey, Switzerland. Nestle, the world's biggest food company, said 07 August 2014 that its net profit sank 9.5 per cent to 4.63 billion Swiss francs (5.1 billion dollars) in the first half of the year, as the strong Swiss currency hurt earnings. Revenues dropped 4.8 per cent to 42.98 billion francs year-on-year, Nestle said. However, Nestle's organic revenue growth, which does not include negative currency effects, reached 4.7 per cent. The strong franc lowers the value of foreign-currency earnings. Nestle also announced that it would buy back shares worth 8 billion francs through next year. EPA/FABRICE COFFRINI

Very hot drinks 'probably' cause cancer – UN agency

Jun 15, 2016 - 4:51 PM

4th UPDATE The UN s cancer agency also lifts suspicion from coffee and the herbal drink mate if consumed at normal serving temperatures

CAREFUL, IT'S HOT. A barista pours a cup of coffee at Colson Patisserie on February 22, 2016 in the Brooklyn borough of New York City. Bryan Thomas/Getty Images/AFP

Ginebra in talks with 3 foreign liquor firms

May 26, 2016 - 7:30 PM

The liquor unit of San Miguel Corporation is looking into the possible acquisition of the foreign companies

ACQUISITION TALKS. While Ang however refused to give details on these negotiations, he said the San Miguel has a high 80% success rate in terms of acquisitions. Photo by Ted Aljibe/Agence France-Presse

Marks & Spencer logs lower profits, warns on turnaround plans

May 25, 2016 - 11:00 PM

The retail giant s new boss predicts its performance would weaken further due to an overhaul in its clothing division and tough trading conditions

epa03230264 Pedestrians walk past a Marks and Spencer store in London, Britain, 22 May 2012. Marks and Spencer reported a 16 per cent fall in annual profits 22 May. EPA/ANDY RAIN

Mango lager? India's thirst for craft beer grows

Apr 06, 2016 - 10:05 PM

Indians who consume 425 million cases of beer a year are developing their own craft beers

In this photograph taken on March 31, 2016, Head Brewer at The Biere Club, Rohit Jairam Parwani tastes craft beer at the microbrewery in Bangalore.  India's version of craft brewing is seeing scores of thirsty tipplers sample everything from coconut stout to mango lager, as tastes mature in a country that has traditionally only downed strong liquor "to get a kick". / AFP PHOTO / Manjunath Kiran / TO GO WITH AFP STORY INDIA-ECONOMY-BEVERAGE-BEER BY TRUDY HARRIS

Goodbye vodka? Russians toast craft beer revolution

Apr 05, 2016 - 6:00 PM

Craft beer gains ground in Russia as drinkers tastes become more fancy and young Russians learn to make beer themselves

A man looks at a bottle of beer in the shopping area of a craft beer bar in Moscow on February 15, 2016. Bearded hipsters and bespectacled 20-somethings sip pale ales and dark stouts at Garden Beer, one of Moscow's new craft beer bars serving "made in Russia" brews to an increasingly discerning clientele. While the craft beer revolution swept North America and Western Europe years ago, Russia is now catching up at a time when it is trying to shrug off a vodka-swilling reputation.   / AFP / Vasily MAXIMOV / TO GO WITH AFP STORY BY ANAIS LLOBET

Britain's remaining milkmen keeping tradition afloat

Mar 31, 2016 - 10:00 PM

Just 2 8 of milk in Britain are delivered to the door but the milkmen who keep the cherished tradition alive say they are here to stay

Neil Garner, a milkman for the Milk&More delivery company, works on his daily round in the Watford area, north of London, on March 23, 2016. Once a daily sight on every British street, a dwindling but resilient band of milkmen still go out at the crack of dawn to deliver bottles of fresh milk to the nation's doorsteps. Garner, a milkman for over 21 years, was last year crowned as Milkman of The Year. But by selling more than milk and embracing the Internet, the few thousand remaining milkmen, including Neil Garner, have breathed new life into the cherished tradition. / AFP / LEON NEAL

Campari to buy Grand Marnier in friendly takeover

Mar 16, 2016 - 7:17 AM

Gruppo Campari says it has reached a 759 million deal with the controlling family shareholders of Societe des Produits Marnier Lapostolle

Bottles of Grand Marnier are on display during the exhibition "World of coffee", on June 27, 2013, in Nice, southeastern France. AFP PHOTO / JEAN CHRISTOPHE MAGNENET / AFP / JEAN-CHRISTOPHE MAGNENET

Starbucks to open in South Africa

Mar 03, 2016 - 8:15 PM

The first two Starbucks branches in South Africa will begin operations this April

A Starbucks coffee shop in Burlington, Massachusetts, USA, 31 October 2014. Starbucks stocks fell 3.1% in premarket trading following the reporting of 4th quarter results.

Starbucks to open first cafe in Italy

Mar 01, 2016 - 2:15 PM

The American firm will head into a country already flooded with established coffee shops

epa04261525 A view of a Starbucks sign in New York, New York, USA, 16 June 2014. The company announced that it is beginning a partnership with Arizona State University to make undergraduate degrees available at a discount to 135,000 U.S. employees who work in the stores at least 20 hours a week. EPA/JUSTIN LANE

Alibaba CEO Jack Ma buys French vineyard

Feb 26, 2016 - 2:14 PM

The Chinese billionaire now owns Chateau de Sours which produces 500 000 bottles of wine a year

epa05055834 Chinese AliBaba Ceo Jack Ma delivers a speech at "Action Day" meeting at the COP21 World Climate Change Conference 2015 in Le Bourget, north of Paris, France, 05 December 2015. The 21st Conference of the Parties (COP21) is held in Paris from 30 November to 11 December aimed at reaching an international agreement to limit greenhouse gas emissions and curtail climate change. EPA/CHRISTOPHE PETIT TESSON

Rum for all seasons: 5 easy cocktail recipes to try

Feb 06, 2016 - 7:56 AM

Make every occasion special with these delicious mixes that you can make yourself

After Dubai, Binalot plans to expand in Asia

Feb 02, 2016 - 12:40 PM

Armed with a beefed up menu and steady following Binalot plans to increase its franchise owned stores in the coming years

WIDER REACH. Binalot is actively seeking more foreign franchisees where there is a large Filipino community. Photos from Binalot media relations