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Potato News from Philippines

Philippines lowers tax rate on potato import for chip manufacturers
A new order issued in the Philip[pines allows for the import of more potatoes at a low rate (3%), exclusively for use for the production of potato chips
Calbee exits Calbee-URC joint venture focused on the snack market in the Phillipines
Japanese snack food manufacturer Calbee has transferred all its shares in the Calbee-URC, Inc. joint venture targeting the Philippine snack market to Universal Robina Corporation (URC).
New potato varieties available for farmers in Cordillera, Phillipines
Two leading research institutions have partnered to help increase potato production in the Philippines, in order to meet the increasing demand for the crop
Potato Corner CEO shares secrets to food cart success
Potato Corner CEO Joe Magsaysay shares the secret behind the french fries brand that he built into a global franchise business with annual sales of P1 billion (almost 20 million USD).
Calbee to boost snacks sales in the Philippines with smaller potato chips bags
Japan's Calbee has introduced a potato chip product about 70% cheaper than what's already on sale in the Philippines. By reducing the size of the bags, the company cut the price to 10 pesos, compared to the 30 pesos to 40 pesos for the larger size bags.
Tuesday, February 7, 2017
Food cart business Potato Corner sets sales record of P1 billion (>21 million USD)
Last year was a banner year for Manila (Phillipines) -based food cart business Potato Corner after it hit over P1 billion (21.3 million USD) in sales, a record in the company's 23-year history.