Food

7 days ago

Lester Yu’s Balai caps 2024 with double-digit growth in revenue, profit

Balai ni Fruitas Inc., led by Fruitas Holdings founder Lester Yu, closed 2024 with solid financial results, driven by a mix of organic growth and strategic portfolio expansion—including the acquisition of the legacy Sugarhouse brand.

4 Apr 2025

10:22AM

QUICK LOOK: March 2025 inflation slows to 1.8% as food, transport costs ease

The Philippines’ headline inflation eased to 1.8 percent in March 2025, down from 2.1 percent in February and significantly lower than the 3.7 percent recorded in March 2024.

17 Mar 2025

9:27PM

Universal Robina posts 2024 revenue growth, profit lower after previous year’s windfall

Universal Robina Corp. (URC) closed 2024 with P161.9 billion in sales, up 3 percent, as all business divisions saw higher volumes despite a challenging consumer environment.

5 Mar 2025

5:23PM

Maker of Purefoods hotdogs, San Miguel beer posts P400B in 2024 sales; profits grow

San Miguel Food and Beverage Inc. (SMFB) ended 2024 with another year of solid financial performance, growing revenues and profits despite market challenges.

19 Feb 2025

4:00PM

Maker of Lucky Me! hits record sales in 2024, meat alternative struggles persist

Monde Nissin, the maker of Lucky Me! instant noodles and Quorn alternative meat products, ended 2024 with record sales, driven by strong growth in its Asia Pacific Branded Food and Beverage (BFB) segment, keeping it in a position to pay dividends pending board approval.

14 Nov 2024

5:53PM

Lester Yu’s Balai ni Fruitas sees 26% net income jump in 9 months

Businessman Lester Yu’s Balai ni Fruitas Inc. reported a 26 percent increase in net income, reaching P52 million for the first nine months of 2024, up from P41 million in the same period last year.

6 Nov 2024

3:52PM

Century Pacific posts strong double-digit growth amid challenging market

Century Pacific Food Inc. (CNPF) achieved strong double-digit growth in the first nine months of 2024, with net income rising 14 percent to P5.3 billion, fueled by robust performance across key segments.

4 Nov 2024

11:12AM

INSIDER FOCUS: Exciting and NU — A newbie's satisfying food crawl at the gleaming NUSTAR Resort Cebu

By: Ramon C. Nocon

The property boasts a wide array of dining options—both at the resort and the newly opened The Mall at NUSTAR—that are sure to satisfy cravings across various cuisines and cater to even the heartiest appetites.

30 Sep 2024

9:42AM

Potatoes USA aims to expand market in the Philippines, targets households

By: Ramon C. Nocon

While Potatoes USA’s major customers in the Philippines are large snack food manufacturers, the group has been actively promoting their products for household consumption.