The Philippines’ largest food and beverage group, San Miguel Corp, has said it is evaluating investment opportunities in Indonesia as part of an expansion programme, but has not made a definite agreement.


The company was clarifying a report in the Philippine Star, which cited San Miguel chairman Eduardo Cojuangco as saying the company is in talks with two to three firms in Indonesia, reported Dow Jones News.


Cojuangco was reported to have said that San Miguel is considering whether to form a new company in Indonesia or acquire existing companies there.

Just Food Excellence Awards - Have you nominated?

Nominations are now open for the prestigious Just Food Excellence Awards - one of the industry's most recognised programmes celebrating innovation, leadership, and impact. This is your chance to showcase your achievements, highlight industry advancements, and gain global recognition. Don't miss the opportunity to be honoured among the best - submit your nomination today!

Nominate Now