
BEN&BEN, CALISTA and John Mark Saga Headline ALON Benefit Concert for Seafarers and their Families
Tuesday, May 20, 2025

ACG Set to Hold FAST FORWARD 2025 International Tax and Investment Conference
Saturday, March 15, 2025
The Philippines is set to be the host of the International Tax and
Investment Conference dubbed "FAST FORWARD 2025" aimed to promote ESG
investing in the country. For those who don't know, that stands for
Environmental, Social and Governance, a way to evaluate sustainability
and ethical impact of a company.
The conference will be very
instrumental in this discussion and encouraging more foreign investments
in the country. March 26 will start panel discussions, exhibits on
local products and the ACG Global Awards to recognize champions and
advocates of sustainability. Lead Convenor for this event is Mon Abrea,
the CEO of Asian Consulting Group who's tax reform advocacy has moved
mountains in the region. To date, ACG has over 191 Billion pesos of
savings from BIR cases of their clients. Dr. Bing Limjoco Head of the
Philippine Franchise Association and Franchise Asia will be Vice
Chairman of this event.
The event will also mark the launch of Mon Abrea's newest book "Re-imagining the World Without Climate Change" which includes real world studies of FAST industries who follow ESG principles, proving it can be done. The press conference also was graced by the one and only Madame Loida Lewis, who was given honors before she left for New York. Young entrepreneur and actress Bea Binene also shared why she trusts ACG and how ESG efforts have made her even trust the firm more in managing her tax and businesses to this date.
Here's the press conference in its entirety!
If you want to join FAST FORWARD 2025 you may email them at itic@acg.ph or visit their website itic2025.helixpay.ph if you want to secure a slot to the event.
Still Making Milestones: The FIGARO Coffee Group
Tuesday, October 31, 2023
The pandemic must have been hard for businesses and it did stay true with the Figaro Cofee Group. A few months ago, we were in the midst of their executives to see where their group is heading especially this 2024. The event was graced by Mr. Justin Liu the group's Chairman, Ms. Divine Cabuloy their CEO/President, Mr. Mike Barret their COO/EVP and Mr. Petronio EspaƱol III the Figaro Group's CFO.
Still Bullishly Expanding
During the pandemic, they have had really hard times as restaurants were either forced to close or not allowed to have dine in customers sans protocols implemented by the government. Though they have coffee shops, Chinese and other brands, their Angel's Pizza was a hit. It was so much of a hit that they had to absorb employees from different corporations who went in the verge of closing down and get them to work in their new branches. The pizza delivery industry sector went huge, and their flavor and food innovations proved positively good during those years. Today, the FIGARO Coffee Group owns 60 Figaro Coffee stores, 116 Angel's Pizza outlets, over 10 Tien Ma restaurants, and 6 Cafe Portofino branches nationwide. That's over 192 all in all, and they are strategically expanding outside the metro in places like Laguna, Pampanga, Rizal, Cebu, Pangasinan, Leyte, Bohol and Davao. They are thinking of more regions next year, and this expansion comes with careful planning and coordination so no quality would be sacrificed in any of their stores.
Financially Strong, Making Milestones
Their Chairman Justin Liu personally explained their recent milestones in terms of finances in the Figaro Group. Their 75% increase in revenues alone had our jaw dropped and they attribute it to the aggressive expansion projects they made outside Metro Manila. Aside from that, a 6% increase in existing stores has helped achieve great sales figures as compared to 2022, that's over Php 2.44 Billion albeit a decline in gross margins back in June which they attribute to inflation and expensive raw materials. Net income came at a whopping Php 462.6 Million because of their wise mitigation in costs and increase in volume (since they did expand stores), undoubtedly a really good reason to celebrate.
They also added the new Creamy Spinach Sushi Bake to the menu a few months ago. With it, is the highly successful Creamy Spinach Dip Pizza. They also launched the "Sama Sama Sa Angel's Pizza" jingle which I'm sure will add to the really good marketing ploys they launched. They also had a few more viands in their other brands plus Oat based drinks which will make the nutty success in their coffee brands.
This is just the start, and I felt there will be more stores for Angel's Pizza in the Visayas and Mindanao region in the coming months. Figaro really weathered through a storm, survived it, and is flourishing!
Congratulations FIGARO Group!