The Po family is consolidating its business empire, using their holding company, Zephryn Holdings Inc., to acquire a controlling 45.7 percent stake in investment arm Century Pacific Group Inc. In a disclosure to the Philippine Stock Exchange, CPGI subsidiaries Century Pacific Food Inc. and...
Shakey’s Pizza Asia Ventures, Inc. subsidiary Potato Corner (PC), a global leader in flavored fries from the Philippines, marked its expansion to Taiwan with the opening of its first Taipei store last month. Since its acquisition in 2022, PC has scaled its presence in key international markets,...
Shakey’s Pizza Asia Ventures, Inc., one of the leading chain restaurants and food groups in the Philippines, still expects to post double-digit sales and core profit growth this year despite reporting a lower net income and flattish core earnings for the first half. In a disclosure to the...
Po family-led restaurant group Shakey’s Pizza Ventures Inc. (SPAVI) is expanding its Potato Corner kiosk business to Taiwan and Laos, tapping into the more substantial growth potential in the overseas market, particularly in Asia. “These are two exciting markets that we believe would have some...
Shakey’s Pizza Asia Ventures Inc. (SPAVI) is making a bigger push to expand its operations in the United States (US), although this will be spearheaded by its snack brand Potato Corner instead of its flagship pizza restaurants. In a disclosure to the Philippine Stock Exchange (PSE), the firm said...
Pizza Hut is offering a new meat-free option for the Lenten season with the introduction of the Kreamy Kani Supreme Pizza, a limited-time creation featuring premium kani (crab sticks), fresh vegetables, and a rich, creamy sauce. The Kreamy Kani Supreme Pizza (starting at P559 for a regular size)...
SPAVI President Vicente Gregorio Po family-led restaurant group Shakey’s Pizza Asia Ventures Inc. (SPAVI) expects to allot at least ₱1 billion for capital expenditures (capex) this year, as it aims to open an average of one store a day and beef up its presence in Visayas and Mindanao. In...
Globe Business, Globe Telecom Inc.’s information and communication technology unit, has partnered with food service group Shakey’s Pizza Asia Ventures Inc. (SPAVI) to upgrade its order management system, further improving operational efficiency. Globe Business said in a statement that it will...
Po family-led restaurant group Shakey’s Pizza Ventures Inc. (SPAVI) aims to continue expanding, particularly outside of Luzon, even as the industry is still in the process of recovering from the impact of the pandemic on consumer preferences. According to SPAVI President Vicente Gregorio, they...
Food and beverage holding company Figaro Coffee Group Inc. (FCG) posted a 17 percent growth in net income to P103.5 million for the first quarter of its fiscal year ending June 30, 2025. In a disclosure to the Philippine Stock Exchange (PSE), the firm said its strong momentum in fiscal year 2024...
Restaurant and food service group Shakey’s Pizza Asia Ventures, Inc. (SPAVI) reported a decline in net income to P250 million in the third quarter of 2024, from P256.8 million in the same period last year. In a disclosure to the Philippine Stock Exchange, the company stated that this...
The Po family’s chain restaurant and food service group Shakey's Pizza Asia Ventures Inc. is gearing up to expand in the United States by setting up a wholly-owned subsidiary. In a disclosure to the Philippine Stock Exchange, the firm said its board of directors had approved the incorporation of...
