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San Miguel eyes brewery in Asia’s ‘final frontier’

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Conglomerate San Miguel Corp. is renewing its interest to expand its flagship beer operations to Myanmar amid strengthening bilateral ties between the Philippines and what has been called the region’s “final frontier.”

Posted: December 8th, 2013 in Headlines | Read More »

JG Summit strikes deal to buy SMC’s Meralco stake

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John Gokongwei. INQUIRER file photo

The Gokongwei group has struck a deal to buy shares in Manila Electric Co., the country’s largest power distribution firm, held by conglomerate San Miguel Corp. and its subsidiaries.

Posted: September 30th, 2013 in Latest Business Stories | Read More »

Roselle plant products go for the big time

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Coco Bless Co. is gearing up for sustained production of beverage made from the Roselle plant, which is related to hibiscus or gumamela, in anticipation of a license to operate from the Food and Drug Administration (FDA).

Posted: September 22nd, 2013 in Headlines | Read More »

AGI grows net profit by P8.26B in 1H

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Andrew Tan. INQUIRER FILE PHOTO

Alliance Global Group Inc. grew its six-month net profit by 44 percent year-on-year to P8.26 billion as its property development, liquor, integrated tourism and fast-food operations all delivered double-digit earnings growth.
“All our major businesses continue to perform well within our expectations. We are confident that we can sustain our robust growth for the rest of the year,” said Andrew Tan, AGI chairman.

Posted: August 13th, 2013 in Latest Business Stories | Read More »

Cosmos to delist from local stock exchange

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cosmos logo

Softdrinks manufacturer Cosmos Bottling Corp. is finally to delist from the Philippine Stock Exchange, five years after trading in its shares was suspended.

Posted: April 4th, 2013 in Latest Business Stories | Read More »

PCPPI income surged by 192% in 2012

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Beverage-maker Pepsi-Cola Products Philippines Inc. (PCPPI) grew its net income last year by 192 percent to P844 million on the back of a double-digit growth in volume and softer sugar prices.

Posted: March 8th, 2013 in Headlines | Read More »

San Miguel Brewery wants shares delisted by May 15

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san-miguel

San Miguel Brewery has requested to be stricken off the roster of the Philippine Stock Exchange, effective May 15.

Posted: February 22nd, 2013 in Latest Business Stories | Read More »

RC Cola maker going public

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rc-cola

The Philippine maker of American soft drink RC Cola is making plans to debut on the local stock exchange to fund a regional expansion program.

Posted: February 19th, 2013 in Latest Business Stories | Read More »

Emperador plots dominance in global brandy market

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Emperador Distillers Inc

Emperador Distillers Inc., the liquor manufacturing arm of tycoon Andrew Tan, expects to double its sales volume in five years and become a dominant global brandy producer.

Posted: February 18th, 2013 in Latest Business Stories | Read More »

Food and plastic company could raise up to P4.6B in IPO

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dnl

D&L Industries, a producer of ingredients and other inputs for food and plastic products, has set its initial public offering at a price of P4.30 per share, or at the middle of the indicative price range.

Posted: November 27th, 2012 in Latest Business Stories | Read More »

Pepsi inks beverage deal with Robinsons

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pepsi-sting

Pepsi-Cola Products Philippines Inc. has bagged a deal with property developer Robinsons Land Corp. to exclusively supply beverage to the latter’s food courts and cinemas in shopping malls across the country.

Posted: October 8th, 2012 in Latest Business Stories | Read More »

San Miguel completes P80-B fund raising

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san-miguel

San Miguel Corp. has completed a landmark P80-billion capital-raising activity after a month-long sale of preferred shares that targeted retail investors seeking higher yields in a low-interest rate environment.

Posted: September 21st, 2012 in Latest Business Stories | Read More »

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