Saturday, June 3, 2023
manilastandard.net
ADVERTISEMENT
  • About
  • News
    • Top Stories
    • National
    • World News
    • Pinoy Abroad
    • Features
  • Opinion
    • Editorial
    • Columns
    • Soundbytes
  • LGUs
    • NCR
    • Luzon
    • Visayas
    • Mindanao
  • Business
    • Corporate
    • Economy & Trade
    • Stocks
    • Money
    • Agri & Mining
    • Power & Tech
    • IT & Telecom
  • Sports
    • Basketball
    • Volleyball
    • Fightsports
    • Active
    • Sports Plus
    • One Championship
    • Columns
  • Entertainment
    • TV & Movies
    • Celebrity Profiles
    • Music & Concerts
    • Digital Media
    • Columns
  • Lifestyle
    • Food
    • Culture & Media
    • Fashion
    • Health and Home
    • Leisure
    • Shopping
    • Columns
  • Others
    • Pets
    • Pop.Life
      • Newsmakers
      • Hangouts
      • A-Pop
      • Post Its
      • Performances
      • Malls & Bazaars
      • Hobbies & Collections
    • Technology
      • Gadgets
      • Computers
      • Business
      • Tech Plus
    • MS ON THE ROAD
      • Sedan
      • SUV
      • Truck
      • Bike
      • Accessories
      • Motoring Plus
      • Commuter’s Corner
    • Home & Design
      • Residential
      • Commercial
      • Construction
      • Interior
    • Spotlight
    • Gallery
      • Photos
      • Videos
    • Events
      • Seminars
      • Exhibits
      • Community
    • Biyahero
      • Travel Features
      • Travel Reels
      • Travel Logs
  • Advertise with Us
No Result
View All Result
  • About
  • News
    • Top Stories
    • National
    • World News
    • Pinoy Abroad
    • Features
  • Opinion
    • Editorial
    • Columns
    • Soundbytes
  • LGUs
    • NCR
    • Luzon
    • Visayas
    • Mindanao
  • Business
    • Corporate
    • Economy & Trade
    • Stocks
    • Money
    • Agri & Mining
    • Power & Tech
    • IT & Telecom
  • Sports
    • Basketball
    • Volleyball
    • Fightsports
    • Active
    • Sports Plus
    • One Championship
    • Columns
  • Entertainment
    • TV & Movies
    • Celebrity Profiles
    • Music & Concerts
    • Digital Media
    • Columns
  • Lifestyle
    • Food
    • Culture & Media
    • Fashion
    • Health and Home
    • Leisure
    • Shopping
    • Columns
  • Others
    • Pets
    • Pop.Life
      • Newsmakers
      • Hangouts
      • A-Pop
      • Post Its
      • Performances
      • Malls & Bazaars
      • Hobbies & Collections
    • Technology
      • Gadgets
      • Computers
      • Business
      • Tech Plus
    • MS ON THE ROAD
      • Sedan
      • SUV
      • Truck
      • Bike
      • Accessories
      • Motoring Plus
      • Commuter’s Corner
    • Home & Design
      • Residential
      • Commercial
      • Construction
      • Interior
    • Spotlight
    • Gallery
      • Photos
      • Videos
    • Events
      • Seminars
      • Exhibits
      • Community
    • Biyahero
      • Travel Features
      • Travel Reels
      • Travel Logs
  • Advertise with Us
No Result
View All Result
manilastandard.net
No Result
View All Result
Home Business

Monde Nissin reallocates P2.14b for beverage business

Jenniffer B. AustriabyJenniffer B. Austria
March 22, 2023, 7:25 pm
in Business, Corporate
Reading Time: 1 min read
A A
Share on FacebookShare on TwitterShare on Email

Monde Nissin Corp. is reallocating a portion of its capital and operating expenditures previously budgeted for its meat alternative business to branded and beverage unit.

Monde Nissin said in a stock exchange filing Wednesday the P2.14-billion operating expenditures for meat alternative business as of end December 2022 would be re-allocated as capital expenditures of Asia Pacific branded food and beverage business in 2023.

Monde Nissin also reallocated P1.1 billion in initial public offering proceeds initially budgeted for capital expenditures for meat alternative business to APAC-BFB, which manufactures a portfolio of brands across instant noodles, biscuits and baked goods.

The company earlier said it was implementing a number of restructuring and efficiency measures to improve the operation of the meat alternative business as market conditions remained challenging.

Monde Nissin said revenues from meat alternative business inched up by 1 percent in the first nine months of 2022 primarily due to price increases, strong volume growth in food service and share recovery in the United Kingdom retail business. Jenniffer B. Austria

Tags: beverage businesscapital and operating expendituresMonde Nissin Corp.
ADVERTISEMENT
Jenniffer B. Austria

Jenniffer B. Austria

Related Posts

First Gen, farmers agree to reforest Pantabangan watershed

byManila Standard
June 3, 2023, 6:40 pm
0
8
Tower builder and telecom firm connect for greater digital connectivity

Clean energy provider First Gen Corporation and 4 farmers’ organizations in Pantabangan, Nueva Ecija, embarked on a reforestation project involving...

Read more

PHINMA CSR project benefits schoolchildren of Polilio, Quezon

byManila Standard
June 3, 2023, 6:30 pm
0
8
Tower builder and telecom firm connect for greater digital connectivity

Union Galvasteel Corporation (UGC), a PHINMA subsidiary under its Construction Materials Group, supported GMA Kapuso Foundation in its project to...

Read more

Tower builder and telecom firm connect for greater digital connectivity

byManila Standard
June 3, 2023, 6:20 pm
0
8
Tower builder and telecom firm connect for greater digital connectivity

EDOTCO Philippines and Globe Telecom’s partnership has helped boost reliable and affordable 4G and 5G connectivity in communities, businesses and...

Read more

Vivant Energy to acquire shares of partner Gigawatt Power

byAlena Mae S. Flores
June 2, 2023, 9:50 pm
0
8
Vivant signs P3-billion note agreement

Vivant Energy, a wholly-owned subsidiary of publicly-listed Vivant Corp., said Friday it is set to acquire the shares of partner...

Read more

16 firms bidding for subway contract packages

byDarwin G. Amojelar
June 2, 2023, 9:40 pm
0
8
Southwoods nails Seniors’ Fil golf crown

Megawide Construction Corp. and D.M. Consunji Inc., along with 14 other local and Japanese firms expressed interest in bidding for...

Read more

Megatrade deal takes effect

byOthel V. Campos
June 2, 2023, 9:30 pm
0
8
Southwoods nails Seniors’ Fil golf crown

The Department of Trade and Industry underscored the key benefits accorded the Philippines as one of the 10 members of...

Read more

Print Edition

View More

Recent Posts

  • First Gen, farmers agree to reforest Pantabangan watershed
  • PHINMA CSR project benefits schoolchildren of Polilio, Quezon
  • Tower builder and telecom firm connect for greater digital connectivity
  • Embracing natural beauty with the right products
  • Practicing responsible drinking
  • Angkas reaffirms commitment to commuter safety with 24/7 emergency accident fund
  • Experts warn bird flu virus changing rapidly in largest ever outbreak
  • Erdogan to be sworn in for third term as Turkish president

Advertisement

Latest News

Angkas reaffirms commitment to commuter safety with 24/7 emergency accident fund

byThe Standard
June 3, 2023, 4:56 pm
0
8

The country’s top motorcycle taxi hailing app Angkas, reaffirmed its long standing commitment to passenger safety and security through its...

Read more

Experts warn bird flu virus changing rapidly in largest ever outbreak

byAFP
June 3, 2023, 2:16 pm
0
8
Rapper Drakeo the Ruler fatally stabbed at LA festival

The virus causing record cases of avian influenza in birds across the world is changing rapidly, experts have warned, as...

Read more

Erdogan to be sworn in for third term as Turkish president

byAFP
June 3, 2023, 1:00 pm
0
8
Erdogan to be sworn in for third term as Turkish president

President Recep Tayyip Erdogan is set to be sworn in on Saturday as head of state after winning a historic...

Read more

Chile says recent mass seabird death not due to avian flu

byAFP
June 3, 2023, 12:00 pm
0
8
Chile says recent mass seabird death not due to avian flu

Early tests indicate that the recent mass death of thousands of seabirds along Chile's northern coast were not caused by...

Read more

US says talks with China ‘essential’ to curb chance of conflict

byAFP
June 3, 2023, 11:00 am
0
8
US says talks with China ‘essential’ to curb chance of conflict

Dialogue between the United States and China is "essential" and will help avoid miscalculations that could lead to conflict, US...

Read more

Advertisement

ADVERTISEMENT
Facebook Twitter Instagram Youtube

ABOUT US

Manila Standard

Manila Standard website (manilastandard.net), launched in August 2002, extends the newspaper’s reach beyond its traditional readers and makes its brand of Philippine news and opinion available to a much wider and geographically diverse readership here and overseas.

Digital Edition

In tone and content, the online edition mirrors the editorial thrust of the newspaper. While hewing to the traditional precepts of fairness and objectivity, MS believes the news of the day need not be staid, overly long or dry. Stories are succinct, readable and written in a lively style that has become a hallmark of the newspaper.

Download – Today’s Paper

Search

No Result
View All Result

6th Floor Universal Re Bldg., 106 Paseo De Roxas cor. Perea Street, Legaspi Village, 1226 Makati City Philippines

Trunklines: 832-5554, 832-5556, 832-5558

© 2021 Manila Standard - Designed and Developed by Neitiviti Studios.

No Result
View All Result
  • About
  • News
    • Top Stories
    • National
    • World News
    • Pinoy Abroad
    • Features
  • Opinion
    • Editorial
    • Columns
    • Soundbytes
  • LGUs
    • NCR
    • Luzon
    • Visayas
    • Mindanao
  • Business
    • Corporate
    • Economy & Trade
    • Stocks
    • Money
    • Agri & Mining
    • Power & Tech
    • IT & Telecom
  • Sports
    • Basketball
    • Volleyball
    • Fightsports
    • Active
    • Sports Plus
    • One Championship
    • Columns
  • Entertainment
    • TV & Movies
    • Celebrity Profiles
    • Music & Concerts
    • Digital Media
    • Columns
  • Lifestyle
    • Food
    • Culture & Media
    • Fashion
    • Health and Home
    • Leisure
    • Shopping
    • Columns
  • Pop.Life
    • Newsmakers
    • Hangouts
    • A-Pop
    • Post Its
    • Performances
    • Malls & Bazaars
    • Hobbies & Collections
  • Technology
    • Gadgets
    • Computers
    • Business
    • Tech Plus
  • MS ON THE ROAD
    • Sedan
    • SUV
    • Truck
    • Bike
    • Accessories
    • Motoring Plus
    • Commuter’s Corner
  • Home & Design
    • Residential
    • Commercial
    • Construction
    • Interior
  • Spotlight
  • Gallery
    • Photos
    • Videos
  • Events
    • Seminars
    • Exhibits
    • Community
  • Biyahero
    • Travel Features
    • Travel Reels
    • Travel Logs
  • Pets
  • Advertise with Us

© 2021 Manila Standard - Designed and Developed by Neitiviti Studios.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Install Manila Standard Web App

Install App