"Capitalizing the Philippines’ buoyant macroeconomic environment"
Norman Peña - September 1, 2019
Welcome to BAKERSCENTRAL CORPORATION, a fast growing food solutions company in South East Asia’s most attractive investment destination, the Philippines.
2019 offers a buoyant macroeconomic environment with low monthly inflation rates (+2.7% June ’19), a strong Philippine peso (+4.2% YoY), and a benign interest rate environment –– all of which contribute and bode well to robust consumer spending which support our businesses.
We capitalized on this by launching EcomPak Philippines, our venture into the packaging industry. EcomPak offers commercial packaging supplies at an economical cost. We expect synergies to be realized therefrom as EcomPak improve and augment our product line up in Baker’s Central stores and our distribution business.
Moving forward, BAKERSCENTRAL CORP. intends to pursue growth hinged upon our desire to provide our clients a vertically integrated and diversified food solutions company they can grow with and depend on.