His halo-halo business literally brings him called “cold cash.”
Xavier Mercado, a 28-year old entrepreneur from Iloilo, built his restaurant on a secret Ilokano recipe for halo-halo. “I love halo-halo, I consider it as one of the best desserts ever,” Mercado said.
His love story with halo-halo, a favorite summer concoction of Filipinos, started when he was [...]

Corazon Dayro Ong was awarded the recognition as this year’s Woman Entrepreneur of the Year. She was known to be the brain behind the highly successful and innovative food product, San Marino Corned Tuna. The honor was awarded to Ong during the recently concluded Entrepreneur of the Year 2009 awarding ceremonies which was held at [...]

To cover the shortage of rice which was caused by the recent string of typhoons that hit the country, the Philippine government has decided to import rice. Two companies, Daewoo International Corp. of South Korea, and Vietnam Southern Food Corp. (Vinafood) of Vietnam, have offered the lowest bids for 275,500 tons (250,000 metric tons) to [...]

A loan in the form of supplement investment agreement was acquired by the listed food service company Pancake House Inc.  The total amount of loans was P140 million, in which the company will issue the said amount in convertible loans to two Asia-based funds.
The proceeds of the loan will be used to pay for the [...]

The Philippines is getting more investments from other countries. This time, Thailand’s Charoen Pokphand Foods Public Co. Limited is investing an additional $40 million in the Philippines for the expansion of an integrated feed and prawn hatchery and grow-out farms in Luzon.
Charoen Pokphand is Thailand’s leading agro-industrial and food conglomerate.

Two back-to-back expos is expected to give  the Small and Medium Enterprises (SMEs), especially those in the food and beverage industry, a big boost this coming Christmas season.
The Food and Drinks Asia 2009 and Food Franchising 2009 will be held simultaneously on September 17 to September 20 at the World Trade Center (WTC).

Food and beverage giant San Miguel Corp. is eyeing the potential acquisition of the convenience store chain “Select” of Pilipinas Shell to expand its retailing business.  San Miguel said it was not interested in buying Pilipinas Shell itself, but it has been keen on Shell’s convenience store chain Select.
“We advise that the company may have [...]

It seems that lately, the most effective way to raise much needed funds is via retail bond offering, and many corporations have trekked this path to gain additional funds for their expansions and other purposes.
The latest to seek this opportunity is the holding company of the Gokongwei family. The JG Summit Holdings Inc. is seeking [...]

The Food Terminals Inc. (FTI) is a 120-hectare agro-industrial commercial estate in Taguig. It was built originally as a food processing and consolidation center for agricultural products. It houses more than 300 small-to-medium scale companies who are engaged in different industries such as manufacturing garments and electronics.

This coming Saturday, September 26, top Filipino baristas will compete against each other and prove their espresso and latté-making skills at the much-anticipated Grand Barista Cup Finals. The completion will be held at the World Trade Center and it will be a part of the Asia Food Expo (AFEX) 2009, which kicked off on Friday, [...]

Philippine corporate giant, San Miguel Corp. (SMC), has been diversifying from its traditional business of food and beverages. It has been expanding to other areas such as road projects and power generation. Because of this, the company is looking to sell a minority stake in its main businesses to raise funds which will be used [...]

Food and beverage giant San Miguel Corp. expressed interest to acquire a stake in the Subic-Clark-Tarlac Expressway (SCTex) last July. But they are not the only ones interested in the said project, because the Metro Pacific Tollways Corp. recently also expressed interest to take over the SCTex.

One sound investment that entrepreneurs might want to look into these days is joining the San Miguel Food Inc.’s (SMFI) roster of Poultry Contract Breeders and Growers. Being in the company of an elite team delivering the Magnolia Fresh Chicken to Filipinos is definitely a good option.
Take Ofel Dator’s word for it. Dator, owner of [...]

The energy investment arm of food and beverage giant San Miguel Corp., the San Miguel Energy Corp. (SMEC), will be conducting an initial public offering (IPO) within the next three years. This has been confirmed by San Miguel president Ramon S. Ang who said that they will definitely keep a 51% interest in SMEC in [...]

Leading fast food brand Jollibee was recently awarded the Global Franchise of the Year by the Philippine Franchise Association (PFA). Jollibee holds the distinction of being the first homegrown franchise concept to receive this prestigious award.
The Global Franchise of the Year is given to outstanding Filipino franchisers who have gone overseas and successfully made a [...]

This September, two events considered to be the most highly considered to be the best source of new technology in food processing, packaging and handling machinery and other equipment, will be held organized by Trade Information Marketing and Exhibitions, Inc. (TIME Inc.).
The 2009 AsiaFood Expo (AFEX) and the FoodServe Asia, a yearly event popular for [...]

Do you want to embark on a new business? How about making different kind of soaps? Just like food, soaps and detergents are an indispensible part of your grocery list. Why not learn to how make them so you won’t have to pay for them, and have business on the side?

The German business software company SAP recently held in the Philippines one of its 27 stops of the 70-leg tour in the Asia-Pacific region and in Japan. The SAP World Tour, in its stop in the country, was able to gather over 300 customers, partners and prospective clients.

A new law which was just signed by President Gloria Macapagal Arroyo grants the Bureau of Food and Drugs more regulatory muscle and at the same time  renaming the agency into the Food and Drug Administration.
The Republic Act 9711 was signed into law on Tuesday by President Arroyo. RA 9711 or the Foods and Drugs [...]

The government announced that for the first time, the Philippines will be exporting yellow corn and its first shipment would be for Vietnam. This was confirmed by Agriculture Secretary Arthur Yap, who said that the National Food Authority (NFA) already had talks with authorities in Vietnam, and they have committed to prioritize buying Philippine corn.