food and beverage

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)…

From noodles to cake to ‘lechon manok,’ Fruitas on buying spree

Months after venturing into the cake business, Fruitas Holdings Inc. will soon enter the chicken…

Biz Buzz: Oh joy! Jollibee is fave brand in SE Asia

The iconic Chickenjoy is taking the world by storm, besting global giants in the hearts—and…

Coca-Cola plans $1B investment in Nigeria

LAGOS — Coca-Cola will invest $1 billion in Nigeria over the next five years, foreseeing…

Jollibee brings Taiwan milk tea to America

Jollibee Foods Corp. (JFC) will bring one of its beverage brands to the United States…

Del Monte group widens loss to $34.2M

Food and beverage giant Del Monte Pacific Ltd. saw its net loss widen by 161…

Biz Buzz: Dennis Uy unloads Conti’s and Wendy’s PH

This multibillion-peso food retailing business bundle has been on the block for at least two…