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News and Events

This is How San Miguel Plans to Address PH's Rice Woes

Conglomerate plans to build giant climate-controlled grains terminals in eight locations to store rice

In his televised “tête-à-tête” with Presidential Chief Legal Counsel Salvador Panelo on September 11, President Rodrigo Duterte threatened he will move for the abolition of the National Food Authority (NFA) Council for its failure to prevent the soaring rice prices through timely ...

by Pauline Macaraeg  | September 13, 2018 05:00:00
News and Events

Dennis Uy's Udenna Corp. Buys 70% Stake in Bakery and Restaurant Chain Conti's

The remaining 30% will remain with the company's original owners

Dennis Uy-led Udenna Corp. announced it has entered into a share-purchase agreement with Conti’s Holdings Corp. (CHC) giving the company a 70-percent stake in restaurant and bakery chain Conti’s. The rest of the company will remain with its original owners.In a statement ...

by Elyssa Christine Lopez  | September 10, 2018 04:00:00
News and Events

Why is IHOP changing its name to IHOB?

The pancake chain announced the switch on Twitter

On Tuesday, casual restaurant chain IHOP, or the International House of Pancakes, announced on Twitter that it was changing its name to IHOB. They did it with a five-second video where the “P” in their name slowly flipped and turned into a ...

by Paul John Caña  | June 07, 2018 08:00:00
Startup Tips

Financial Adviser: 5 Food Startup Lessons Every Entrepreneur Can Learn from the Founder of Bibingkinitan

Richard Sanz started out with an iced tea concept before pivoting to the classic Filipino merienda staple

Richard Sanz left his first job with a multinational company after two years to pursue his dream of becoming an entrepreneur.  During that time, Sanz thought everyone was into coffee, so he came up with an idea of offering iced tea as ...

by Henry Ong  | February 21, 2018 11:00:00
News and Events

Why Did NFA’s Rice Stocks Plunge 72% in Dec? Is That Causing the Staple Food Price to Go Up?

The National Food Authority is still waiting for approval to import 250,000 metric tons of the commodity

When the Philippine Statistics Authority (PSA) reported last month that rice inventories of the National Food Authority (NFA) fell 72 percent to 156,600 metric tons in December 2017 from 564,200 MT the year before, consumers should have taken notice.Total rice stock, which ...

by Pauline Macaraeg  | February 07, 2018 02:00:00
News and Events

Fruitas Chain of Fresh Juice Stalls Eyes IPO This Year

With 20 brands and over 850 stores nationwide, Fruitas founder Lester Yu feels it’s time to go public

Fruitas Holdings Inc. (FHI), the company behind the lucrative chain of fresh juice stalls usually found in shopping malls, is planning to list at the Philippine Stock Exchange (PSE) possibly this year, according to a report in the Philippine Star newspaper on ...

by Pauline Macaraeg  | February 05, 2018 06:00:00
Run & Grow

Food Parks Pioneer The Yard Forges New Growth Path Amid Worries Industry Could be Hitting a Plateau

Expansion outside Metro Manila seems to hold promise

One of the biggest food service trends to sweep Metro Manila in the past couple of years was the outdoor food park and its indoor version, the food hall.Suddenly, vacant outdoor spaces across Metro Manila were transformed into food hubs, sometimes using ...

by Elyssa Christine Lopez  | February 01, 2018 09:00:00

Franchise Talk: 5 Filipino Food Franchises to Watch Out For

Our franchising expert explains why going Pinoy is always the better investment

Anybody in the Philippine food market will agree that there is nothing like waking up to the aroma of Filipino-cooked food. Through time, Filipinos have developed a variety of preferences, leading to the emergence of continental food and Asian-fusion cuisine. But classic ...

by Sam Christopher Lim  | December 26, 2017 09:00:00
Business Ideas

How Lydia's Lechon Grew From a Street Stall in Baclaran to a 24-Branch Dining Chain

Lydia De Roca got help from SM's Henry Sy to expand her lechon business into shopping malls

From a humble stall in Baclaran, Lydia's Lechon now has 24 branches around the countryRedemptorist Street in Parañaque is always busy, being the home of the National Shrine of Our Mother of Perpetual Help, or more popularly known as the Baclaran Church. ...

by Cherrie Regalado  | December 23, 2017 09:00:00
Startup Tips

Financial Adviser: 5 Business Lessons Every Startup Can Learn from the Founder of Peri-Peri Charcoal Chicken

Bryan Tiu learned from his failures in the past to create new and exciting food concepts

Bryan Tiu was still in college when he first ventured into business. At the young age of 18 years old, he borrowed money from his father’s retirement fund to buy the franchise of Domino’s Pizza.The business did well in the beginning, which ...

by Henry Ong  | December 19, 2017 03:00:00
Business Ideas

This Business Delivers Fresh, Organic Salads To Your Doorstep

Isabel's, a family-run enterprise, delivers healthy and delicious salads, wraps, and platters to your home

Much has been said about the benefits of eating greens. Finding a trustworthy supplier who can guarantee them to be fresh and delectable, however, is a different story. This is why Gerry Bacarro and his wife Isabel sought to make nutritious, natural, ...

by Nicole Limos and Paolo Chua for  | November 25, 2017 12:00:00
News and Events

You Have to Be Naked to Dine at This Restaurant

Twin brothers in Paris left the insurance business to open a restaurant catering to nude vegans

If you've ever had the desire to eat an entire meal in public and be completely naked at the same time well…now's your chance. Just go to Paris and make a reservation at O'naturel.Yes, that's the actual name and at the 40-seat O'naturel, ...

by Gene Marks  | November 12, 2017 02:00:00
News and Events

Bigger and ”?"Instagrammable” Stores Driving Greenwich To Growth

Franchise the homegrown pizza-and-pasta brand for a minimum fee of Php1 million per store

Greenwich started the transformation of its stores in 2014. About half of itsover 1,000 stores today bear this new lookIf you’ve visited a Greenwich Pizza restaurant recently, you may have noticed it doesn’t look quite like it used to. The pizza-and-pasta subsidiary ...

by Paul John Caña  | October 16, 2017 04:00:00