San Miguel says it is looking to expand its food and beverage
business outside of the Asian market, building on moves introduced
earlier this year to extend its business beyond the domestic market
and into Asia. Simon Pitman reports.
Philippines-based company PCI Worldwide is investing P27.6 million
(€400,000) into the production and export of carrageenan, a gum
that is derived from red seaweed and is commonly used as an
additive in the food industry.