food and beverage - updates

Rappler's latest stories on food and beverage


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

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

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

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

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

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

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

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

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

Homegrown Sizzlin' Steak enters Vietnam

Sep 04, 2015 - 5:50 PM

Max’s Group signs a development agreement to build at least 10 Sizzlin’ Steak stores in Vietnam in the next 5 years

Costa Coffee brings London-style caffeine culture to PH

Aug 02, 2015 - 2:30 PM

I cannot dislodge the economic power of the US here But through coffee it’s easy says British Ambassador to PH Asif Ahmad on UK s Costa Coffee presence in the country

Photos by Shadz Loresco/Rappler Photos by Shadz Loresco/Rappler

Buffalo Wild Wings to open 2nd PH store in July

Jun 26, 2015 - 2:10 PM

The Minnesota based restaurant which opened its first Asian store in Pasig City in January is eyeing the Philippines as a site of one of its manufacturing operations

Table Group launches Wingstop, to bring more F&B brands in PH

Apr 17, 2015 - 11:00 AM

UPDATE: As of October 2018, Wingstop Philippines has stopped its operations.

Doughnuts at your fingertips

Apr 06, 2015 - 6:36 PM

Krispy Kreme Philippines launches a mobile app as part of its digital investment to please more smartphone savvy customers – a first from a doughnut chain

Ketchup + hotdogs + American cheese = Heinz-Kraft merger

Mar 26, 2015 - 10:39 AM

The deal forged by investment guru Warren Buffett s Berkshire Hathaway and 3G Capital which own Heinz will assemble the world s 5th largest food company with around 28 billion in annual sales

Jollibee earmarks P9.1B to open 330 stores in 2015

Feb 23, 2015 - 7:16 PM

The fastfood giant aims to open 220 local and 110 overseas stores this year and it s about to launch its first store in Chicago Illinois as well

IHOP parent firm eyes Applebee’s entry in PH

Jan 17, 2015 - 8:48 PM

The company behind the International House of Pancakes is looking to bring in American Applebee’s Neighborhood Grill and Bar to the country

Jollibee in joint venture to run Dunkin' Donuts in China

Dec 19, 2014 - 7:32 PM

The country’s fastfood giant will invest 180 million to operate the American donut chain in the world’s 2nd largest economy

Nissin Foods raises stake in Universal Robina venture

Dec 02, 2014 - 8:45 PM

Japan’s leading instant food manufacturer will hike its share in its joint venture with Universal Robina to 49 to consolidate its noodle business in the Philippines

S.M.E. Go! Kamuning Bakery

Nov 28, 2014 - 7:00 AM

Learn how writer and entrepreneur Wilson Lee Flores breathes new life to the 75 year old Kamuning Bakery

San Miguel Purefoods acquires La Pacita biscuits trademark

Nov 21, 2014 - 6:24 PM

After its failed bid to acquire UK’s United Biscuits the diversified conglomerate acquires the nearly century old homegrown biscuits maker

San Miguel eyes aggressive expansion in energy industry

Nov 04, 2014 - 4:16 PM

SMC president Ramon S Ang also says the conglomerate is seriously looking at Lafarge Republic’s assets and that it was excluded from the shortlist of bidders for the acquisition of UK s United Biscuits

Coca-Cola FEMSA PH to invest $500M in Visayas, Mindanao

Nov 03, 2014 - 7:34 PM

Following its Laguna manufacturing facility expansion Coca Cola is bent on expanding its distribution network in the Visayas and Mindanao by 2015

S.M.E. Go! Gayuma ni Maria

Oct 28, 2014 - 10:08 AM

Learn how this magical restaurant in Quezon City continues to enchant loyal patrons over the years

No unified halal certification, PH to lose ASEAN advantage

Oct 23, 2014 - 2:52 PM

More than half of the world’s Muslim population come from ASEAN but will likely ditch halal Filipino products due to the country s lack of Islamic certification system

[Executive Edge] Booky: The mobile app for foodies

Oct 19, 2014 - 10:30 AM

Here s an app to help you find a restaurant and tame your growling stomach

Chocolate business these days is bittersweet

Oct 11, 2014 - 12:25 PM

Chocolate maker since 1939 Antonio Pueo is facing tough times due to a supply shortage of cacao beans in the country

S.M.E. Go! Mercato Centrale

Oct 06, 2014 - 2:24 PM

UPDATED See how entrepreneur RJ Ledesma captures the hungry Filipino market through a night and food lifestyle market Mercato Centrale

Filipino sharing, the Hershey's way

Oct 06, 2014 - 11:00 AM

Backed by its reframed global CSR program Hershey s in the Philippines is giving back – and more to the community where it’s doing good business

In US, Jollibee ranks among 10 best foreign fast food chains

Oct 01, 2014 - 2:33 PM

A US based website ranks Jollibee as among the top 10 international fast food chains they ‘welcome with open arms’