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San Miguel to spend $300m to boost beer production

Philippine conglomerate refocuses on core business after diversification push

San Miguel’s decision to expand its breweries reflects a renewed interest in its original businesses.

MANILA -- San Miguel, the Philippine food producer-turned-infrastructure builder, will spend $300 million to boost its beer production, company President Ramon Ang said Wednesday.

San Miguel Brewery, the operating unit partly owned by Japan's Kirin Holdings, will start building a new plant in the southern Philippines, home of President Rodrigo Duterte, and expand an existing one on the main Luzon island, Ang told reporters.

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