The 2022 Annual Meeting of the Stockholders of San Miguel Food and Beverage, Inc. (the “Company”) will be held on June 1, 2022,Wednesday , at 2:00 P.M. As unanimously approved by the Board of Directors at its meeting on March 9, 2022, the Company will not hold a physical meeting. The meeting...
San Miguel Food and Beverage, Inc. (SMFB) reported that its consolidated net income rose 40 percent to P31.4 billion last year, inching forward to the 2019 pre-pandemic level. In a disclosure to the Philippine Stock Exchange, the firm said consolidated revenues grew 11 percent compared to the prior...
KFC Philippines is seeing strong expansion potential in Mindanao as investors in the region are beginning to appreciate the opportunities being presented by KFC’s innovative and hassle-free sub-franchising scheme. Proof of this is the opening of the KFC branch in Quezon Avenue, Cotabato City,...
San Miguel Food and Beverage Inc. (SMFB) has retained its highest Issue Credit Rating of PRS Aaa, with a stable outlook from Philippine Rating Services Corporation (PhilRatings) for its P5-billion outstanding fixed-rate bonds. Obligations rated PRS Aaa are of the highest quality with minimal credit...
From coffee enthusiast to franchise cafe owner While many coffee shops are popping all across major metros in the Philippines, for James Michael Go, Figaro Coffee has always caught his eye and palette. As a regular customer of the brand for several years already, he has always enjoyed Figaro’s...
Scale up your business with TFG Starting a business in the midst of a pandemic can be quite terrifying. Venturing into the Food and Beverages industry, building a brand and developing a customer base can be difficult, especially now due to the impact and forecasted aftermath of Covid-19. But...
San Miguel Food and Beverage, Inc. (SMFB) reported a 68 percent jump in consolidated net income to P24.2 billion in the first nine months of the year “following solid strategic pivots that allowed it to address the challenges of the COVID-19 pandemic on its businesses.” In a disclosure to the...
Marco Siy, the 17-year-old who envisioned Corner Pizza. How a 17-year-old saved jobs and put up a thriving pizza brand Difficult times have always forced change. People and organizations adapt to survive and thrive during the new normal. For most businesses, the Covid 19 pandemic of the past...
San Miguel shutting down meat business in Indonesia San Miguel Food and Beverage, Inc. (SMFBI), a core subsidiary of diversified conglomerate San Miguel Corporation is shutting down its processed meats business in Indonesia by the end of this month. In a disclosure to the Philippine Stock Exchange,...
Coca-Cola Philippines, the country’s leading beverage company, is reiterating its commitment to make a greater impact on communities with its 2030 water strategy as access to clean water for handwashing continues to be very important in the campaign against COVID-19. In a statement, the firm said...
Senator Grace Poe has urged the Senate to assess the impact of the community quarantine protocols on micro, small and medium enterprises (MSMEs), particularly in the food and beverage industry. Poe noted many of those in the food and beverage industry have been struggling to stay afloat since the...
San Miguel Food and Beverage, Inc. (SMFB) reported that its first half consolidated net income rose 137 percent to P17.36 billion, surpassing pre-pandemic profits in the first half of 2019. In a disclosure to the Philippine Stock Exchange, the firm said this was driven by stronger operating...
