San Miguel (Philippines)

San Miguel, the Philippines’ largest food, beverage and packaging company, has announced a plan to invest as much as 75 billion PHP ($1.5 billion) to expand its food and drinks businesses, according to a report in Inquirer.Net. The investment reportedly includes new processing plants for its Purefoods meat products business and new bottling lines for its beer business. Commenting on the move, San Miguel president Ramon Ang said: “The reason …