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.

Ifex European Networking Night gathers international food, business VIPs
The event was a project of the European Philippine Business Network and organized by the French Chamber of Commerce and Industry in the Philippines (CCI France Philippines), Italian Chamber of Commerce of the Philippines (ICCP) and the European Chamber of ...
Posted: May 27, 2017, 9:48 am
Kuwait eyes local business chamber
MANILA, Philippines - The government of Kuwait is eyeing the establishment of a business chamber in the Philippines to further expand its trade and investments in the country, the Department of Finance (DOF) said. During a recent meeting, Kuwait Ambassador ...
Posted: May 27, 2017, 9:13 am
Davao dealmaker expands business from oil to casino
Uy said he started buying into 2Go two years ago, building his stake in its parent company to 31 percent last year, betting that logistics would become a big business opportunity in the Philippines. When Uy found himself short of funds for 2GO, he ...
Posted: May 27, 2017, 5:16 am
Philippines-Russian companies sign USD 875m business deals
With these newly-forged deals, new Filipino investors can now penetrate the Russian market while interested Russian business executives can explore investing in the Philippines. Philippines Trade and Industry Minister Ramon Lopez said, "So far, we have ...
Posted: May 27, 2017, 1:34 am
Kuwait to form business chamber in PH
(Islam Times image) MANILA — Kuwait has sought the assistance of the Department of Finance (DOF) in establishing a business chamber here as part of its efforts to expand trade and investments in the Philippines. In a recent meeting with Finance Secretary ...
Posted: May 26, 2017, 4:27 pm
Wing Zone Expands Rapidly Growing International Footprint with Up to 50-Unit Deal in The Philippines
“The knowledge and experience that Viva Food Group has in The Philippines, coupled with their successful business background spanning more than three decades of success gives us an extremely high level of confidence that these developments in The ...
Posted: May 25, 2017, 7:42 am
PetDag to sell its LPG business in the Philippines
KUALA LUMPUR: Petronas Dagangan Bhd (PetDag) is seeking to exit the liquefied petroleum gas (LPG) business in the Philippines. In a press statement, the principal domestic marketing arm of Petroliam Nasional Bhd (Petronas) said it was divesting its 100% ...
Posted: May 24, 2017, 6:34 am
Inside the billion-dollar child webcam sex rings in the Philippines where Australian paedophile Peter Scully 'masterminded service to torture children and sell the videos online'
Scully's capture was a huge blow to the billion-dollar business, according to Glen Hulley ... rape and human trafficking and is awaiting trial in the Philippines. He allegedly masterminded a pay-per-view service where footage of children being tortured ...
Posted: May 24, 2017, 4:24 am
Valentus Opens In The Philippines
He told me that he just got back from the Philippines and that Valentus is officially open, on-the-ground and on-fire in the Philippines. They kicked off with 2 big, very exciting meetings and countless smaller meetings plus special training sessions.
Posted: May 24, 2017, 1:13 am
5 Quick Tips on Starting a Travel Agency Business in the Philippines
It’s fun to travel. And with social media showcasing a lot of wonderful destinations, who wouldn’t be tempted to travel, right? I actually know someone who has his travel agency on speed dial in his mobile phone! As you may know, traveling is not just ...
Posted: May 16, 2017, 2:08 pm

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

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.

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