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What's Now, What's New, What's Next in Business – Manila Bulletin

Published February 1, 2021, 8:00 AM
This is part of a series of profiles on a new generation of leaders, thinkers, creators, innovators, and trailblazers across many fields in the country. The list is drawn under the theme “What’s Now, What’s New, What’s Next” in celebration of Manila Bulletin’s 121st anniversary as an exponent of Philippine progress.
Michelle Tiu Lim: An heiress leads Mega Global journey
By Bernie Cahiles-Magkilat
Michelle Tiu Lim was raised by a strong mother, who gave her the strength to lead the country’s largest sardines manufacturing firm Mega Global Corporation.
“I can say that being a woman did not hinder me from taking on the challenging role of the COO,” said Michelle. ....

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PHA to venture in tech agribusiness

Published January 25, 2021, 8:00 AM
Premiere Horizon Alliance Corporation (PHA) is venturing into technology-driven agribusiness following the entry of its new partners, the principals of SquidPay Technology Inc.
In a disclosure to the Philippine Stock Exchange, PHA said it will be pursuing opportunities in the AgriTech sector through its existing subsidiary, PH Agriforest Inc.
“PHA aims to leverage on the fintech expertise of its (SquidPay) in the use of technology in agriculture, forestry and aquaculture, to maximize yields and efficiency,” the firm said.
It explained that, “Instead of traditional agriculture practices, PHA will utilize proven Agritech methodologies that focus on comprehensive data collection, analytics and models, and other technological innovations which seek to achieve faster planting, better harvest, lower production cost and optimized market acceptance of products.” ....

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Jollibee to expand PHO24, targets 100 store openings

Jollibee to expand PHO24, targets 100 store openings
mb.com.ph - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mb.com.ph Daily Mail and Mail on Sunday newspapers.

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Fruitas targets P5-B revenues, P500-M profit in 5 years – Manila Bulletin

Published January 19, 2021, 5:00 AM
Fruitas Holdings, Inc., the Philippines’ leading food and beverage kiosk operator, is setting its five-year targets with the aim of hitting annual revenues of P5 billion and net income of P500 million on or before 2025.
In a disclosure to the Philippine Stock Exchange, the firm said this will be achieved by expanding its network to at least 2,000 locations nationwide. It also aims to increase net margin from around 6 percent in 2019 to 10 percent by 2025.
Fruitas said it expects a strong rebound in 2021, and targets to register average annual revenue growth of 30 percent to 40 percent thereafter up to 2025.
The firm intends to mirror the revenue growth trajectory from 2015 to 2019 when it grew revenues from P310 million in 2015 to P1.95 billion in 2019. ....

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CLI to launch P17-B projects in 2021

Published January 14, 2021, 5:30 AM
Despite the pandemic, VisMin developer Cebu Landmasters, Inc. (CLI) is ramping up project launches this year after posting record reservation sales in 2020.
In a disclosure to the Philippine Stock Exchange, CLI said it intends to push its growth momentum in 2021 with a supply pipeline of 8,000 units in 15 residential projects valued at P17 billion.
These units will be located in Cebu, Ormoc, Bacolod, Iloilo, CDO and Davao. CLI will use properties in its current landbank for its new projects in 2021.
“Despite the many challenges posed by the pandemic in 2020, our sales figures indicate strong revenue streams ahead and an upward growth trajectory. We found many opportunities amidst the crisis that contributed to our performance,”said CLI Executive Vice-President and Chief Operating Officer Franco Soberano. ....

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