News on Business in the Philippines

The truth about Ramar Foods’ Magnolia Ice Cream in the USA. Watch the video below from the real Magnolia Ice Cream of the Philippines.

Note that Ramar Foods is NOT the Magnolia ice cream you knew growing up in the Philippines. Always check the label.

Boycott Ramar’s Orientex Lumpia!! Boycott Ramar’s Magnolia Imitation!!


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Clifton Plaza Goes To Court Against Filstop, Demands $38,000 in Passaic County, New Jersey

San Miguel scores a victory over the Northern California company that stole the Magnolia brand for ice cream.

China commercial complex imports $500-M worth of Filipino snacks

Represented Philippine Companies: Aisha-Fil Food, Inc., Mapagmahal Foods, Green Leaves Company, Gustazo-Alimentos Corp., Andy Albao Corp., Kwality Philfood, Inc., Grand Alphatech International Corp., Fenor Foods, RPM Pili Nuts, Philippine Moringa and More Corp., Magic Melt Foods, Inc., Monde Nissin, Nyogi Pure Coconut Water Philippines, Big “E” Food Corp


San Miguel is the largest company in the Philippines on the basis of sales it generates. It is on a sound financial footing. Its expansion into new areas has been going well. Its political strategy should help the company to continue its growth in profitability over the next few years. This gives the stock price further upside.

seekingalpha.com/article/4088827-san-miguel-riding-political-waves-philippines


Under unrelenting pressure from President Rodrigo Duterte, the family that owns the Philippines’ top broadsheet is selling its stake to the chief executive of the country’s fourth-largest conglomerate, San Miguel Corporation, in a deal worth at least $95 million.

In a statement yesterday, Mrs Marixi Rufino-Prieto said the decision to sell her family’s 85 per cent stake in the Philippine Daily Inquirer to Mr Ramon Ang “is a strategic business decision” to “maximise growth opportunities”.

A source privy to the transaction said Mr Ang will be acquiring the Inquirer as “a personal investment.” Mr. Ang said in a separate statement that he is “looking forward to being part of this venerable institution”.

straitstimes.com/asia/se-asia/businessman-in-talks-to-buy-newspaper-critical-of-duterte

Neither side disclosed how much the deal will be worth, but it should top the 3.5 billion pesos (70 million USD) that businessman Manuel Pangilinan had paid for The Philippine Star, the No. 3 newspaper, in 2013.

The Inquirer, which claims a circulation of about 1.4 million, was founded in 1985, at the peak of the anti-Marcos movement. Its owners at the time backed Mrs Corazon Aquino, widow of assassinated opposition leader Benigno Aquino, in her bid to unseat strongman Ferdinand Marcos in 1986. Her son, Mr Benigno Aquino III, was himself president from 2010 to 2016.

The newspaper has been critical of some governments, producing exclusive stories that, among others, forced then President Joseph Estrada to step down over a massive corruption scandal in 2001.


With a 35-percent compounded annual growth rate (CAGR) in the past five years, BPI-Philam Life Assurance Corp. (BPI-Philam) has remained ambitious in duplicating, if not surpassing its 2015 premium income uptake.

In a press briefing yesterday, Philippine American Life and General Insurance Co. (Philam Life) officer-in-charge and BPI Philam chief executive officer Ariel G. Cantos said 2015 was in fact its fastest growth rate of 44 percent.

SeaKing is a Philippine brand of frozen fish products.

The Executive DBA Council (EDBAC) is a global volunteer organization that focuses on executive doctoral programs and their issues.


* Note that Ramar Foods is the same company as Orientex Foods International (Orientex Lumpia). Please continue to boycott the products of this company.

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