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KFC China sales crash 36% in April on bird flu fears

A woman passes by a Kentucky Fried Chicken (KFC) outlet in Shanghai on January 9, 2013.  Chinese customers of KFC, the biggest fast food chain in the country, said they would still patronise it despite a government food safety investigation which has hit sales. US-based Yum! Brands Inc., whose portfolio includes KFC and Pizza Hut, said this week that sales in its key China market were forecast to fall more than expected in the fourth quarter in the wake of the probe into excess antibiotic levels in chickens.     AFP /PETER PARKS

Sales of fast food giant KFC in China slumped an estimated 36 percent last month, according to parent Yum! Brands, as consumers shunned chicken due to the H7N9 bird flu outbreak in humans.

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

PLDT mobile Internet sales up

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Philippine Long Distance Telephone Co. (PLDT), the country’s largest telecommunications provider, noted a surge in mobile Internet revenues as more subscribers bought smartphones and tablet computers.

Posted: May 11th, 2013 in Headlines | Read More »

Vehicle sales seen hitting 210,000 units in 2013

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Strong vehicle sales in the first quarter has prompted the Chamber of Auto Manufacturers in the Philippines Inc. (Campi) to increase the sales target for this year.

Posted: April 29th, 2013 in Headlines | Read More »

Subaru, Audi and Mitsubishi post strong first quarter performances

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Subaru, Audi and Mitsubishi reported their best sales performances during the first four months of the year. Motor Image Pilipinas Inc. (Mipi), the exclusive distributor of Subaru brand of vehicles in the Philippines, registered a record-breaking 94-percent growth after selling 577 units, compared to the 297 units sold in the same period of last year.

Posted: April 23rd, 2013 in Headlines,Motoring | Read More »

Auto industry expects to hit pay dirt this year

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The Philippine auto industry is expected to get a major boost this year as the country’s economic growth continues to drive up vehicle sales.   Board of Investments (BOI) Executive Director Lucita Reyes said Thursday that higher car sales would not only lead to big paydays for car distributors, but would also help revive the [...]

Posted: April 4th, 2013 in Headlines | Read More »

Bentley reports 22% global sales growth

Bentley Motors bared positive financial results for 2012, reporting a significantly increased operating profit of 100.5 million euros compared to 8 million euros in 2011. Bentley boosted its total turnover by 29.9 percents, with its profit margin increasing by 7 percent.

Posted: April 2nd, 2013 in Motoring | Read More »

Nissan gaining US market share in March

nissan

Nissan said Wednesday it expects to pick up market share in the all-important US market this month, but it still remains far from its target.

Posted: March 28th, 2013 in Latest Business Stories | Read More »

Car, truck makers report 42% jump in Jan-Feb sales

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The Chamber of Automotive Manufacturers of the Philippines Inc. (CAMPI) and the Trucks Manufacturers Association of the Philippines (TMAP) on Monday reported a 42-percent surge in sales in the first two months of the year to 26,588 units from 18,718 units in the same period last year, with Toyota maintaining its top spot.

Posted: March 18th, 2013 in Headlines | Read More »

Ford sales doubled in February

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Overall sales of Ford Philippines doubled in February, jumping 108 percent year-on-year to 865 units.

Posted: March 7th, 2013 in Headlines | Read More »

‘How should we in Sales segment our market?’

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Q: OUR COMPANY is in both vertical and horizontal construction. We’re in Sales. We sell and presell condo units, and houses and lots. Our Marketing people recently briefed us about our ad agency’s market research on our market’s “psychographic segmentation.”

Posted: March 7th, 2013 in Columnists,Featured Columns,Inquirer Columns,Inquirer Features | Read More »

Cirtek aims for 10% growth in Q1 profit, sales

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Cirtek

Laguna-based based semiconductor manufacturer Cirtek Holdings Philippines Corp. sees first quarter net profit and sales revenues rising by 10 percent year-on-year just on the strength of its existing business portfolio.

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

Mitsubishi aims for record sales

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Mitsubishi Motors Philippines Corp. (MMPC) aims to keep increasing sales in the Philippines and reach a target of about 50,000 units by 2015, officials said.

Posted: February 19th, 2013 in Headlines | Read More »

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