According to the Philippines Department of Agriculture (DA), Benguet potato farmers reported a double yield with the use of seed potatoes from Canada.

Philippine-based food company Universal Robina (URC) has announced the divestiture of a 40% stake in its Oceania subsidiary, URC Oceania, to the German snack food manufacturer Intersnack.

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).

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.

Universal Robina Corporation (URC), one of the largest branded consumer food and beverage product companies in the Philippines, is to buy Snack Brands Australia, according to a Snack Brands Australia statement dated August 17.

The Philippine-based Universal Robina Corporation has teamed up with Japan’s largest snack food company Calbee Inc. to establish a local manufacturing joint venture