Atty. Severino P. Sumulong, UCC legal counsel; Dennis Wong, IPI board director; Mr. Hubert Young, UCC CEO; Nestor J. Padilla, Rockwell Land chairman and CEO; David Wong, IPI board director; and Davy T. Tan, Roc UCC Mentoré officially opened its doors at The Glass House at IPI Center in Cebu City...
President Marcos has declared Jan. 20 as a special non-working day in Lipa City, Batangas for the celebration of the Coffee Festival. President Ferdinand 'Bongbong' Marcos Jr. (Mark Balmores) Through Proclamation No. 768, Marcos declared Jan. 20, which falls on a Monday, as a special non-working...
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...
Jollibee Foods Corporation (JFC), one of the largest Asian food service companies, reported a 15.3 percent growth in attributable net income to P2.81 billion in the first nine months of 2024, as third-quarter earnings rose 24.1 percent to P8.47 billion. In a disclosure to the Philippine Stock...
The Figaro Coffee Group and Pepsi Cola Philippines are bringing festive cheer this holiday season with a Christmas Raffle Promo, offering a chance to win grand prizes. From Oct. 15 to Dec. 31, customers who purchase food items with Pepsi products at participating Figaro Coffee Group outlets...
ASTHRINE PIAS with a coffee grower in Atok The uphill jeepney ride to the coffee-growing town (1,700 meters above sea level), on rocky, dusty and unpaved roads could be daunting. The panorama of a mountain range partly veiled by clouds, with sun rays slicing through, is indeed a sight to...
Jollibee Foods Corporation, one of the largest Asian food service companies, is expecting to post higher operating income growth this year after posting a 28.9 percent profit growth and deciding to reduce its expansion pace and capital expenditure budget. In a disclosure to the Philippine Stock...
SM Investments Corporation said its subsidiary SM Retail’s The SM Store and The Coffee Bean and Tea Leaf (CBTL) are embarking on an ambitious plan to complete the rollout of in-store cafes across all 78 branches of SM Store by 2026. In a statement, SM said this strategic expansion aims to...
Angel’s Pizza, the fastest-growing pizza chain of the Figaro Coffee Group, reported P1.2 billion in sales on GrabFood during the first half of 2024, with over 925 thousand transactions, up 63 percent from the same period last year. In a disclosure to the Philippine Stock Exchange (PSE), the firm...
Jollibee Foods Corporation, one of the largest Asian food service companies, is not planning to bring recently-acquired Compose Coffee to the Philippines over the next five years as it will be focusing on growing the brand’s market share in South Korea. In an interview, Jollibee Chief Finance...
Jollibee Foods Corporation (JFC), one of the largest Asian food service companies, continues to perk up its coffee business with the planned acquisition of a majority stake in “most loved South Korean value coffee brand” Compose Coffee Co. Ltd. for $340 million. In a disclosure to the...
UCC Ueshima Coffee Philippines, the café business of the Mugen Group, is expanding from its upscale clientele to tap into the much biggest Gen Z market through its new XPRESSO by UCC concept. Mugen Group President and CEO Herbert U. Young In an interview, Mugen Group President and CEO Herbert U....
