PETValue, a 2.28-billion-peso multi-phased joint venture in General Trias, Cavite, utilizes the country's most advanced bottle-to-bottle PET recycling technology. The facility recently celebrated a significant milestone-recycling 1 billion PET bottles. PETValue Philippines, the country’s first...
San Miguel Food and Beverage Inc. (SMFB), one of the core units of diversified conglomerate San Miguel Corporation, reported that its consolidated operating income climbed 13 percent to P13.1 billion, fueled by increased sales in its Food and Spirits divisions. Based on its Philippine Stock...
San Miguel Food and Beverage Inc. (SMFB), a unit of diversified conglomerate San Miguel Corporation, reported a 10 percent growth in net income to P38.1 billion, the highest net income figure achieved by the Group since SMFB's consolidation in 2018. In a disclosure to the Philippine Stock Exchange,...
Aboitiz Equity Ventures Inc. (AEV) and Coca-Cola Europacific Partners Plc (CCEP) have completed their $1.8-billion acquisition of Coca-Cola Beverages Philippines Inc. (CCBPI) from The Coca-Cola Company (TCCC). In a statement, AEV said CCBPI, the exclusive bottler and distributor of TCCC...
Trends come and go but food is timeless. Often when we see trends in the food industry, they either become a permanent fixture or fade into obscurity once the trend dies down. In a special event entitled “Food Forward” at The Astbury in Makati City, San Miguel Foods culinary services manager...
The $1.8-billion acquisition of Coca-Cola Beverages Philippines Inc. (CCBPI) by Aboitiz Equity Ventures Inc. (AEV) and Coca-Cola Europacific Partners Plc (CCEP) takes a further step towards completion after getting the green light from the Philippine Competition Commission (PCC). In a disclosure to...
San Miguel Food and Beverage Inc. (SMFB), a core unit of diversified conglomerate San Miguel Corporation, posted a 4.6 percent growth in consolidated net income to P27.5 billion in the first nine months of 2023 from P26.3 billion in the same period last year. In a statement, the firm said it...
A lot has been said of how difficult a time the pandemic was for everyone. Even more has been said of how business suffered through the Covid-19 era, how even established institutions were forced to close shop (i.e., the now reopened Makati Shangri-La being a prime local example). Among those badly...
JFC and Coca-Cola group in full force. Photo shows the Jollibee Group team, represented by Ernesto Tanmantiong, President and CEO, Jollibee Group (sixth from left); Joseph Tanbuntiong, President, Head of Philippine Business and Head of Jollibee Global, Jollibee Group (8 th from left); Dennis...
San Miguel Food and Beverage, Inc. (SMFB), one of the core units of diversified conglomerate San Miguel Corporation, reported a net income of P18.8 billion in the first half of 2023, the same as its record performance in the same period last year. In a disclosure to the Philippine Stock...
San Miguel Food and Beverage, Inc. will be holding its annual meeting of stockholders on June 7, 2023, Wednesday, at 2:00P.M. through the Company website [https://www.smfb.com.ph/stockholdersmeeting _2023](https://www.smfb.com.ph/stockholdersmeeting_2023) . A copy of the official...
San Miguel Food and Beverage, Inc. will be holding its annual meeting of stockholders on June 7, 2023, Wednesday, at 2:00P.M. through the Company website [https://www.smfb.com.ph/stockholdersmeeting _2023](https://www.smfb.com.ph/stockholdersmeeting_2023) . A copy of the official...
