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Asialink loan releases jump 38% to P12.6 billion

Loans extended by Asialink Finance Corp. jumped by 38.1 percent to P12.6 billion last year from P9.12 billion in 2022, further boosting its lending portfolio......»»

Category: financeSource:  philstarRelated NewsJan 31st, 2024

DOT To Launch Tourism Program for OFWs

The Department of Tourism (DOT) and Department of Migrant Workers (DMW) have teamed up for the Balik Bayani sa Turismo program, recognizing the key role OFWs play in boosting the Philippine economy. Aligned with the National Government’s OFWs Reintegration Program, it focuses on providing livelihood and financial literacy opportunities through tourism training for OFWs and their […].....»»

Category: newsSource:  metrocebuRelated NewsJan 26th, 2024

Russia boosting trade with fellow BRICS nation

Turnover with Brazil nearly doubled in December as the South American country ramps up imports of commodities from Moscow Trade between Russia and Brazil surged to record volumes in December despite Western sanctions as fellow BRICS countries continue expanding economic ties, RIA Novosti reported this week.  .....»»

Category: newsSource:  philippinetimesRelated NewsJan 14th, 2024

Jollibee eyes P8 billion share sale this year

Asian food conglomerate Jollibee Foods Corp. plans to push through this year with its P8-billion fundraising through the issuance of preferred shares, proceeds of which will be used to refinance financial obligations and support expansion in the coming years......»»

Category: lifestyleSource:  abscbnRelated NewsApr 7th, 2024

Jollibee eyes P8 billion share sale this year

Asian food conglomerate Jollibee Foods Corp. plans to push through this year with its P8-billion fundraising through the issuance of preferred shares, proceeds of which will be used to refinance financial obligations and support expansion in the coming years......»»

Category: lifestyleSource:  abscbnRelated NewsApr 7th, 2024

Jollibee invests more in Titan Dining

Filipino-owned Asian food conglomerate Jollibee Foods Corp. has expanded its investments Titan Dining Partners Ltd., which manages Titan Dining LP, the private equity fund which owns the Tim Ho Wan brand and company-owned Tim Ho Wan stores......»»

Category: financeSource:  philstarRelated NewsApr 3rd, 2024

Nangingilo? Sensitive Ka!: Must-know Facts About “Pangingilo“

Nangingilo ka ba? Tooth sensitivity, or pangingilo, can make daily activities, like eating and drinking, uncomfortable. That tingling sensation brought about by pangingilo can be triggered when consuming something cold, hot, or sugary. While most people would immediately react by avoiding these foods and drinks, it’s just a temporary solution. It’s crucial to address the […].....»»

Category: newsSource:  metrocebuRelated NewsMar 30th, 2024

Jollibee invests $28 million in beverage tech firm

Filipino-owned Asian food conglomerate Jollibee Foods Corp. is investing $28 million for a 10 percent stake in beverage technology company Botrista Inc. to support the growth of its coffee and tea business......»»

Category: financeSource:  philstarRelated NewsMar 28th, 2024

Universal Robina FY23 profit: P12.8-B (down 12%)

Universal Robina, the Gokongwei Family’s consumer foods manufacturer, posted an FY23 net income of P12.8 billion, which was down 12% from FY22’s P13.6 billion which URC said was a “high base” due to the gains recognized on the sale of land......»»

Category: financeSource:  philstarRelated NewsMar 15th, 2024

URC income down in 2023

Gokongwei-led snack foods giant Universal Robina Corp. saw its net income decline in 2023 despite maintaining strong sales......»»

Category: financeSource:  philstarRelated NewsMar 15th, 2024

Cemex, Liwayway partner for sustainable plastic waste management

Cemex Holdings Philippines Inc., through Cemex’s Regenera waste management solutions, and snack foods giant Liwayway Marketing Corp. have teamed up for better management of plastic waste......»»

Category: financeSource:  philstarRelated NewsMar 12th, 2024

Jollibee spending P23 billion for capex

Jollibee Foods Corp. is spending as much as P23 billion this year to sustain its growth momentum after posting strong profitability in 2023......»»

Category: financeSource:  philstarRelated NewsMar 12th, 2024

No dog meat in siomai sold in Tagum City, says health official

DAVAO CITY (MindaNews / 06 March) – It is not true that siomai and other street foods being sold in Tagum City contain dog meat, the head of the City Health Office there said.  “Please be advised that the circulating news about the siomai products containing dog meat is not validated,” Dr. Arnel Florendo said […].....»»

Category: newsSource:  mindanewsRelated NewsMar 10th, 2024

Jollibee named world’s 2nd fastest-growing restaurant brand

Asian fast-food giant Jollibee Foods Corp. is ramping up its global expansion after being hailed as the second fastest-growing restaurant brand in the world by consultancy giant Brand Finance......»»

Category: financeSource:  philstarRelated NewsFeb 25th, 2024

First Gen puts up Jollibee Group’s largest solar panel

The Jollibee Group, through its subsidiary Zenith Foods Corp., has tapped the expertise of First Gen Corp., through Pi Energy Inc., to energize one-third of the food chain’s manufacturing facility with solar-powered electricity......»»

Category: financeSource:  philstarRelated NewsFeb 23rd, 2024

“Biyahe ni Drew” features E. Samar farmers’ products

While Drew Arellano was going around the different beach locations and savouring local foods, he noticed the San Miguel Farmers Association’s (SMFA’s) squash noodles and crackers and got interested on them......»»

Category: newsSource:  samarnewsRelated NewsFeb 12th, 2024

Jollibee, Republic Cement tie up for plastic waste co-processing

Asian food conglomerate Jollibee Foods Corp. is beefing up its sustainability initiatives as it teams up with Republic Cement to address plastic packaging waste through co-processing......»»

Category: financeSource:  philstarRelated NewsFeb 5th, 2024

100th Jollibee store in North America opens

Philippine-based Jollibee Foods Corp., one of the biggest food conglomerates in Asia, has strengthened its presence in North America with the opening of its 100th store in the region......»»

Category: financeSource:  philstarRelated NewsJan 31st, 2024

Lab-grown proteins, edible containers, and other food innovations we’ll eat in 2024

San Miguel Foods Culinary Center recently presented “Food Forward: A Taste of 2024 Food Trends” hosted by Paolo Abrera and chef Llena Tan-Arcenas, who saw these trends at the 2023 Thailand Food Expo, as well as from SMFCC’s research and observations......»»

Category: newsSource:  philstarRelated NewsJan 31st, 2024

Monde Nissin sees sales, earnings growth in 2023

Monde Nissin Corp., the listed snack foods giant, expects core net income to have grown by mid-teens for 2023 with sales expected to have hit a high single-digit year-on-year growth......»»

Category: financeSource:  philstarRelated NewsJan 24th, 2024