food and beverage

RFM expects to book P1.5-B profit for 2024

Food and beverage manufacturer RFM Corp. sees its full-year 2024 earnings hitting up to P1.5…

Jollibee’s Milksha acquires Taiwanese wellness soup brand

Homegrown fast-food giant Jollibee Foods Corp. (JFC) is expanding its product offerings and consumer base…

Restaurants seen to regain prepandemic vibrancy next year

The country’s food service sales are projected to grow by 12 percent in 2024 and…

More foreign retail brands seen entering PH in ’25

More foreigners are expected to enter the country’s retail property segment next year, banking on…

New generation steps up

Cafe Laguna. Harbour City. Hukad. Salon de Rose. These leading brands that stand out in…

BIZ BUZZ: Concepcion gobbles up more RFM shares

“Severely undervalued” was how RFM Corp. CEO Jose Ma. A. Concepcion III described the shares…

Del Monte drops India unit for stake in another food brand

Canned food maker Del Monte Pacific Ltd. will swap its stake in Del Monte Foods…

Balai ni Fruitas nets P52M on strength of bakery biz

Balai Ni Fruitas Inc., the listed bakery unit of businessman Lester Yu, booked a 26-percent…

Store closures cut Max’s Group income to P186M

Expenses from store closures and higher costs dragged the nine-month income of restaurant chain Max’s…

SMC earnings surge 19% to P37.1B as of Sept

Growth across its businesses buoyed the nine-month net income of conglomerate San Miguel Corp. (SMC)…