Tag: members news

Phoenix Petroleum bags Meralco supply deal

In photo (from left) are Phoenix Petroleum COO Henry Albert Fadullon, Meralco chief technology advisor Gavin Barfield (at the back), Meralco head of supply chain and logistics management Ruben Benosa, Meralco first vice president and head of networks Ronnie Aperocho, Meralco senior vice president Alfredo Panlilio, Meralco CFO Betty Siy-Yap, Phoenix Petroleum vice chairman Romeo De Guzman, Phoenix Petroleum director Joseph John Ong and Phoenix Petroleum vice president for external affairs Raymond Zorrilla.

MANILA, Philippines — Phoenix Petroleum Philippines Inc. has added Manila Electric Co. (Meralco), the country’s largest power distributor, to its list of commercial clients.

In a statement, Phoenix Petroleum said it has been awarded the contract to supply and deliver fuel to Meralco.

Under the contract, Phoenix will supply fuel, particularly its new fuel additive Phoenix PULSE Technology,  to Meralco’s 11 fuel stations.

Meralco head of legal and deputy general counsel William Pamintuan said the contract underwent bidding and passed the necessary technical requirements.

“We believe that Phoenix, a brand synonymous with high value products, will certainly help ensure that our fleet of vehicles get the high quality fuel it needs to continue rendering uninterrupted service which Meralco needs as a 24 hour service company,” he said.

In a text message, Phoenix Petroleum vice president for external affairs Raymond Zorrilla said the contract was bid out to supply 400,000 liters per month.

“We are now actually talking about other aligned services we can do for them,” he said.

Phoenix Petroleum is among the country’s top three providers of fuel to a wide range of commercial and industrial businesses in power, marine, manufacturing, transportation, aviation, and other industries.

Among its commercial accounts include Cebu Pacific, to which it supplies majority of the budget airline’s requirements, and Philippine Airlines, which the oil firm provides the flag carriers requirements outside Manila.

The company gained new key accounts and won bids last year to supply companies in the land transport, construction, mining, power, manufacturing, marine, fishing, and shipping industries.

Phoenix Petroleum recorded a 65 percent jump in net income to P1.79 billion last year.

Sales volume to commercial and industrial businesses grew by 15 percent, while aviation rose 13 percent as the oil company firmly established itself as the third major player in the commercial and industrial segments.

This has fueled the growth in sales volume and helped the company grow its consolidated revenues by 52 percent to P46.3 billion.

Phoenix Petroleum is engaged in the nationwide trading and marketing of refined petroleum products, including LPG and lubricants, operation of oil depots and storage facilities, hauling and into-plane services; convenience store retailing; and trading and supply.

Earlier this year, it expanded its business into convenience retailing after acquiring Philippine FamilyMart, and to asphalt manufacturing, marketing, and distribution through Phoenix Asphalt Philippines Inc.

*This article was published in The Philippine Star on April 26, 2018, and can also be found online at: https://www.philstar.com/business/2018/04/26/1809373/phoenix-petroleum-bags-meralco-supply-deal

Jollibee brings Vietnamese chain to Philippines

April 26, 2018 | 12:10 am

JOLLIBEE Foods Corp. (JFC) will be bringing is Vietnamese restaurant chain Pho 24 to the Philippines, the homegrown fastfood giant disclosed to the stock exchange on Wednesday.

The listed company said the expansion of the Vietnamese brand will be done through its wholly-owned unit, Fresh N’ Famous Foods, Inc. As the name suggests, Pho 24 serves Vietnamese noodle soup known as “pho,” as well as other traditional Vietnamese dishes.

Pho 24 forms part of the SuperFoods Group, JFC’s 60-40 joint venture with Viet Thai International Joint Stock Co. (VTI) through subsidiary, JSF Investments Pte. Ltd.

“(T)he SuperFoods Group aims to serve customers in Asia and key cities in the world with high quality and healthy Vietnamese food at affordable prices through the Pho 24 brands.

Aside from Pho 24, the SuperFoods Group also owns and operates the Highlands Coffee brand, as well as franchises Hard Rock Cafe in Vietnam, Macau, and Hong Kong.

JFC noted that it renovated all stores under the SuperFoods Group last year, as it shifted to a fast casual dining model instead of casual dining. The renovations allowed for faster ordering, product delivery, and cleaner store environments, according to the company.

At the end of 2017, the SuperFoods Group had a total of 281 stores under the Highlands Coffee, Pho 24, and other brands.

The move to expand the SuperFoods Group is in line with JFC’s commitment to take the company public in Vietnam by 2019.

JFC has also previously taken control of Denver-based burger chain Smashburger, which operates 352 stores in the United States, Costa Rica, Egypt, El Salvador, the United Kingdom, and Panama. This helped increase the company’s store network to over 4,000 worldwide.

In the Philippines, the company had a total of 2,895 as of the end of March under various brands such as Jollibee, Chowking, Greenwich, Red Ribbon, Mang Inasal, and Burger King.

In addition, the company has 943 stores overseas, under different brands such as Yonghe King, Hong Zhuang Yuan, Dunkin’ Donuts, Jollibee, Highlands Coffee, Hard Rock Cafe, and Pho 24.

The push toward more stores overseas is seen to help achieve JFC’s goal of seeing equal revenue contributions from local and international businesses by 2022.

JFC saw its net income attributable to the parent grow by 15% in 2017 to P7.089 billion, supported by a 15.6% uptick in revenues to P131.57 billion for the period.

This year, the company continues its aggressive store expansion as it rolls out P12 billion in capital spending.

Shares in JFC dipped P3.40 or 1.19% to close at P281.60 each at the stock exchange on Wednesday. — Arra B. Francia

*This article was published in Business World on April 26, 2018, and can also be found online at: http://bworldonline.com/jollibee-brings-vietnamese-chain-to-philippines/

Jollibee opens first store in Europe

posted April 01, 2018 at 06:05 pm by Manila Standard Lifestyle

Our very own bee mascot, Jollibee says “ciao Italia!” as it welcomes customers to the local fast food chain’s first European branch in Milan, Italy.

Located in Piazza Diaz 7, Milan, the Jollibee branch is just a stone’s throw from Duomo, Milan Cathedral.

In the early hours of its opening day, customers—families, young people, members of the Filipino community, and even locals—were already seen lining up in front of the Jollibee store.

Among those who patiently waited for Jollibee’s doors to open was Tommy Flores Jr. who said the experience was all worth it. “Naghintay kami ng four hours sa labas pero sulit,” he shared on his Facebook post. Meanwhile the Aquilon, Flores, and Mendoza families unanimously exclaimed, “Kahit mahaba ang pila, sobrang sulit ‘yung pagpunta namin! It tastes just like the Chickenjoy sa Pinas!”

The queue of eager and ecstatic customers outside of the outlet was so long that it poured out of the restaurant.

“Getting a foothold in Milan is a fundamental step for Jollibee, as well as a launch pad for the expansion of the brand to the rest of Europe,” said Jollibee Foods Corporation chief executive officer Ernesto Tanmantiong.

The opening of the Jollibee branch in Milan followed the signing of a joint venture between Jollibee Foods Corporation and Singapore Blackbird Holdings to export the fast food chain to Europe.

Tanmantiong shared, “This newest venture sets off our journey that will lead to opening more stores around the continent—an ambitious goal, which we will achieve by consistently offering a unique dining experience with our delicious food and warm service.”

The chief executive said JFC aims to bring Filipinos “a taste of home” and at the same time share with Italians both the fast food chain’s food offerings and the joyful experience of being together.

At its first European store, Jollibee’s menu offers its bestsellers such as Chickenjoy and Yumburger, along with special items like Chicken Tenders and Chicken Burgers that cater to both Filipino and Italian tastes.

 

*This article was copied from and was originally published by Manila Standard in the newspaper on April 2, 2018. It is also available online at: http://thestandard.com.ph/lifestyle/food/262064/jollibee-opens-first-store-in-europe.html

Meaningful mornings

by Neal P. Corpus (The Philippine Star) – March 23, 2018 – 12:00am

MANILA, Philippines — What’s the best way to start the day? I feel like this is a question we all know the answer to, but don’t really follow ourselves. (Yup, it’s breakfast). We’re always on the go, either rushing through the rush hour to work or zipping to school, and oftentimes forget about grabbing a bite to eat in the morning.

Which is why McDonald’s celebrates National Breakfast Day year after year. As they celebrate for a sixth year, they gave away free longgadesals in almost 500 branches nationwide last Monday, March 19. Surprising new breakfast converts and regulars alike were celebrities Atom Araullo, Alden Richards, Maine Mendoza, Young STAR cover stars Gabbi Garcia and Ruru Madrid, Maymay Entrata, Gabby Concepcion, Tony Labrusca, Donny and Hannah Pangilinan, Rocco Nacino, and Jason Abalos in different McDonald’s stores around the country.

Aside from just giving away free sandwiches for breakfast, McDonald’s wanted to serve their longgadesals where it really mattered, by extending National Breakfast Day to Albay and Marawi. Last March 5 and 6, McDonald’s went to five different evacuation centers in Albay, Legazpi, and on March 11 to Bakwit Village Transition Shelter in Marawi. “National Breakfast Day has always been about meaningful mornings and new beginnings, and this year we wanted to extend this to those who need it the most,” said Kenneth S. Yang, president and CEO of McDonald’s Philippines.

You can see more of McDonald’s’ visit online, where Atom Araullo sheds light on the moving stories of mothers who gave birth to their children in evacuation centers during the Marawi siege, endearingly calling them “Baby Bakwits.” It’s a heartwarming story of struggle, hope, and new beginnings, which is exactly what National Breakfast Day is about.

* * *

Watch Baby Bakwit on YouTube.com/mcdonaldsPH. Share your #NationalBreakfastDay experience by tagging @McDo_PH. For more information, visit mcdonalds.com.ph.

*This article is copied from the article published by BusinessWorld and is available online at: https://www.philstar.com/lifestyle/young-star/2018/03/23/1799304/meaningful-mornings

The Filipinos’ favorite: A look at the Chicken Inasal



Malaya | March 22, 2018

Filipinos have included the chicken inasal among the well-loved classic Pinoy dishes like adobo, sinigang, and kare-kare. And whenever they have a craving for really satisfying chicken inasal meal, they already know where to go, Mang Inasal.
Clearly a contribution of Visayan cuisine, the chicken inasal has become a Pinoy staple because of its authentic flavor that has captured the taste even of Filipinos from other regions.

To appreciate more of everyone’s favorite food, here are five juicy facts about the chicken inasal:

Inasal means “chargrilled” 
“Inasal” is the Ilonggo term for “chargrilled” or “roasted meat.” The secret to its flavorful taste lies both in the marinade and in the roasting process.

Mang Inasal has formulated a special marinade that it uses in preparing its flagship product. Also, as a commercial establishment, Mang Inasal has continually improved on the grilling system and procedure to ensure the consistently high quality of grilled chicken goodness that the outlet has been offering.

And to further delight chicken inasal fans, Mang Inasal is proud to offer the “2-in-1 sa Laki, Nuot-sa-Ihaw-Sarap” quarter chicken.

Chicken inasal was born in a Bacolod street
The chicken inasal’s humble beginnings can be traced to a small street in Bacolod known as Cuadra where a series of small chicken inasal stalls is owned by the Velez sisters. The siblings are considered the pioneers in mainstreaming inasal na manok, making entrepreneurs interested in offering their own chicken inasal with a twist.

The founders of Mang Inasal built on the undeniable appeal of this Filipino cuisine, establishing its first branch in Iloilo. Through the years, Mang Inasal has successfully brought its own take on the Pinoy grilled chicken in fast-food style.

Truly Filipino dining experience
Mang Inasal is one of the local fast-food chains that offers best-tasting Pinoy food by having a concept and ambiance that is truly Filipino. This is one of the reasons why its food is served on wares that carry the banana leaf motif to conjure the Pinoy’s use of banana leaf in serving and cooking food. Even the store’s ambience carries the homey, grillery that has been the trademark of Mang Inasal.

Best with chicken oil and unli rice
Chicken inasal is best eaten with chicken oil over plain or garlic rice. At Mang Inasal stores, the chicken oil forms part of the condiments trio — together with soy sauce and vinegar –that allow customers to savor the meal at its most flavorful.

Also, further reinforcing the Filipino diners’ preference for rice, Mang Inasal has been offering unlimited rice with all its paborito meals.

It is the fun experience of mixing the condiments, and being able to fully satisfy their hunger pangs via unli rice, that have endeared Mang Inasal to a number of Pinoy food enthusiasts.

Mang Inasal’s chicken milestones 
Mang Inasal prides itself with its specially-marinated grilled chicken that offers “nuot sa ihaw sarap.” Among its offerings of Filipino food products, their Chicken Inasal contributes a big chunk to the brand’s total sales. This is the reason why Mang Inasal’s Chicken Inasal is the number one Pinoy grilled chicken brand based on studies made on this segment.

With its promise of serving great food and bringing the joy of eating to Filipinos, Mang Inasal continues to improve its product quality and portfolio to win the hearts of everyone.

 

*This is copied from the article published by Malaya and is available online at: http://malaya.com.ph/business-news/living/filipinos’-favorite-look-chicken-inasal

Max’s Group ’17 profit up 12%

By: – Reporter / @philbizwatcher / 05:35 AM March 17, 2018

The country’s largest casual dining chain operator Max’s Group Inc. (MGI) booked a net income of P626.69 million last year, up by 12 percent as increasing consumer affluence boosted earnings from its expanding restaurant network.

MGI’s system-wide sales rose by 13 percent to P17.34 billion last year, while revenue increased by 11 percent to P12.66 billion, based on a disclosure to the Philippine Stock Exchange yesterday.

Restaurant sales increased by 11 percent to P19.88 billion, driven by sustained same-store sales performance and revenue contribution of new stores.

Same-store sales grew by 5 percent while overall transaction count was up by 13 percent.

Amid rising urbanization trend and consequent worsening of traffic, MGI’s delivery business grew by 27 percent to P1.37 billion, as the group broadened online ordering channels and upgraded delivery infrastructure.

Franchising operations also contributed to the 13 percent rise in commissary sales of P1.42 billion from P1.26 billion.

The group’s brands include Max’s Restaurant, Pancake House, Yellow Cab Pizza, Krispy Kreme, Jamba Juice, Max’s Corner Bakery, Teriyaki Boy, Dencio’s, Meranti, Sizzlin’ Steak, Maple, Kabisera, Le Coeur De France and Singkit.

MGI opened 78 new stores last year, 14 of which are located overseas. These brought the company’s store network to 673 branches, with 55 in various cities in North America, the Middle East and Asia.

The company intends to focus on a franchising-led business model to drive expansion and improve accessibility to customers. With a planned rollout of 80 to 90 new outlets primarily through franchising its core brands, MGI seeks to set an active presence in key geographies, and at the same time, generate higher fee-based contributions to revenue.

Capital spending this year was placed at P600 million.

Bayad Center launches mobile app for convenient bills payment

 

PAYMENT solutions provider Bayad Center (BC) has launched on Tuesday a mobile app to complement its more than 12,000 payment locations nationwide and extend its reach to include the growing “mobile” market.

“Everyone wants everything to be simple. The BC Mobile is just that. It puts together in one app all your payment needs, no bells and whistles,” said Wendell Kristian P. Labre, CIS Bayad Center, Inc.’s marketing head.

The mobile app can send customers a reminder for their due dates, show the nearest Bayad Center branches and authorized partners, and allow bills payment “on the fly.”

“No need to enroll in different online payment sites, because BC Mobile carries under its umbrella the string of billing partners, and the seal of service and reliability that Bayad Center offers,” Mr. Labre said.

The app, a one-stop online shop for all your bills payment needs, takes out the need to fill out forms and mail bills on a monthly basis. It allows customers to pay bills “anytime, anywhere” using mobile phones.

“For most of us who are always online yet still prefer paying over-the-counter or face-to-face, the branch locator shows you the list of Bayad Center branches, authorized partners, collecting agents and automated payment machines near you,” he said.

In the future, the mobile app will offer remittance or money transfer services, prepaid loading and selling of Instasurance — a microinsurance for tricycle, jeepney drivers and similar workers.

The app will also be linked to Bayad Center’s loyalty program, which will also be launched this year, company officials said. It will also include features such as bills payment management, where users can view payment history across different payment channels. It will also offer information that will help others identify branches with shorter queues. — Victor V. Saulon

 

*This article is copied from the article published by BusinessWorld and is available online at: http://bworldonline.com/bayad-center-launches-mobile-app-convenient-bills-payment/

7-Eleven opens 1st door in Aurora Province

The Philippine Star |

Philippine Seven Corp. (PSC), the exclusive licensor of global C-store chain giant 7-Eleven, expands its retail presence in Central Luzon with the landmark opening of its first store in Aurora Province.

Taking advantage of the highly populated and touristheavy location, given Aurora’s fast-rising reputation as an ideal surfing destination, the opening of the new outlet in Dipaculao further builds PSC’s commitment to open up more convenience outlets for potential markets outside Metro Manila.

Areas up for expansion include Region 2 (Isabela, Tuguegarao, Nueva Vizcaya and Mindoro), Visayas (Leyte, Tacloban and the rest of the eastern part of the province) and Mindanao (Surigao Del Sur and Norte and Sultan Kudarat).

In photo welcoming guests and customers are the store franchisee representatives Roy Angara (6th from left) and Ariel De Jesus (5th from left), together with PSC’s start up officers, area managers and operations field consultants.

To date, PSC operates 2,287 7-Eleven stores in the country. With its unique business format flexibility, 7-Eleven remains the most trusted franchise business of choice among potential partners. Via its flexible franchise packages, franchise partners are offered two ways to benefit from a proven system: Regular New Store Franchise (open a new 7-Eleven store), and Property Conversion (convert an established business or properties into a 7-Eleven franchise). For more details on 7-Eleven’s franchise opportunity offerings, call (02) 7269968, 09209508651, 0917-8711686, email franchising@7-eleven.com.ph or visit www.7-eleven.com.ph.

This article is cpopied from the article published by The Philippine Star and is available online at: https://www.pressreader.com/philippines/the-philippine-star/20180314/282106342160711

Seaoil seals partnership with Australia’s largest oil firm

THE strategic partnership between Seaoil Philippines, the country’s largest independent fuel player, and Caltex Australia Ltd was recently sealed with a contract signing, wherein the Australian company will acquire 20 percent interest in Seaoil.
In the photo are Seaoil’s Chairman Francis Yu and CEO Glenn Yu and Caltex Australia’s CFO for Fuels and Infrastructure Douglas Darley and Executive General Manager for Fuels and Infrastructure Louise Warner.
In the agreement with one of the region’s largest independent downstream fuel companies, Seaoil will be managing their fuel supply via Caltex Australia’s fuel trading and shipping business, Ampol Singapore.
Seaoil looks forward to increasing their market share locally, as well as expanding new business lines and introducing new products.
In the last three years, the company has experienced 47 percent sales volume growth in the diesel market and expects to capitalize on substantial opportunities with this new partnership. (PR)

*This article is copied from the article published online by SunStar Manila http://www.sunstar.com.ph/manila/business/2018/03/02/seaoil-seals-partnership-australias-largest-oil-firm-591571

Phoenix planning to bring FamilyMart to Clark

By Victor V. Saulon, Sub-Editor, BusinessWorld

PHOENIX PETROLEUM Philippines, Inc. has mapped out plans for its existing and newly acquired businesses, including the expansion of its convenience store chain in Clark, Pampanga, and the construction of a bitumen plant in Calaca, Batangas.

“[Clark] is an area that we are looking at [because] that is a significant part of our portfolio,” Henry Albert R. Fadullon, Phoenix chief operating officer, told reporters on the sidelines of the launch of the company’s upgraded fuels on Monday night.

“We have 177 hectares there and I’m sure when that’s fully built up similar or comparable to BGC (Bonifacio Global City) there will be a lot of opportunities there for Family Mart,” he added.

Phoenix’s parent company Udenna Corp. is developing a 177-hectare property into Clark Global City.

In the near term, Mr. Fadullon said FamilyMart’s expansion would remain “opportunistic” and focused on “key areas” where customers traditionally patronize for convenience. These are Metro Manila’s central business districts, BGC, Makati City’s Legaspi and Salcedo villages, and some areas in Alabang and Quezon City.

“We are going to expand but focused on these key areas,” Mr. Fadullon said. “We will follow where the business is. If the business requires a significant amount of expansion, we will follow.”

However, putting up Family Mart stores in Phoenix service stations is not a priority at this time although the company remains “opportunistic” with its decision to bundle both businesses in one location.

“The priority at the moment is to focus on the areas where we have most of the Family Mart right now, which is in the CBDs because nandoon ang (those are where the) customers that we want to target initially,” he said.

Phoenix, one of the companies put up by Davao City businessman Dennis A. Uy, bought the local franchise of the Japanese convenience store in October last year, although the antitrust watchdog cleared the deal only on Jan. 3, 2018.

BATANGAS PLANT
Around mid-January, the listed company announced its joint venture with Thailand-based asphalt maker Tipco Asphalt Public Co. Ltd. and PhilAsphalt (Dev’t) Corp. to market and distribute bitumen and bitumen-related products in the country.

“We are planning to put up our own plant in Calaca, Batangas together with our joint venture partners,” Mr. Fadullon said.

“Our plan with our partners is to offer a different kind of technology for the road construction industry,” he said. “Bitumen is the base product but I think within the bitumen space there is a lot of opportunity for innovation and I think that is what where we see the opportunity in the Philippines.”

Asked when Phoenix plans to build the plant, he said: “Very soon… Within the year, we would like to have the asphalt business in place.”

Mr. Fadullon noted the new business brings opportunities in the infrastructure sector, including maintenance.

During the launch, Mr. Fadullon talked about Phoenix’s “success story” from its roots in Davao City with a few gasoline stations to its expansion up north that has emboldened the company to challenge the big industry players.

This year, Phoenix continues its expansion in the Luzon market with the placement of an order for 650,000 cylinders of liquefied petroleum gas (LPG). Phoenix previously said that the country’s main island accounts for 80% of the LPG market.

“We are progressing every two weeks, appointing dealers for key areas that we have identified,” he said, identifying these areas as Metro Manila, and Southern and Central Luzon.

Phoenix added LPG into its portfolio when it completed in August 2017 the acquisition of Petronas Energy Philippines, Inc., a company it has since renamed Phoenix LPG Philippines, Inc. The acquisition strategically supports its expansion in operation and product lines.

On Monday, the company launched a fuel additive it calls “Phoenix pulse technology,” which has a cleaning and protection properties for enhanced power and acceleration.

Shares in Phoenix closed 2.62% or 34 centavos lower at P12.66 apiece on Tuesday.

 

*This article is copied from the article published by BusinessWorld in the newspaper on Feb. 14, 2017  and is available online at: http://bworldonline.com/phoenix-planning-bring-familymart-clark/

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