The world's leading instant noodle maker Indofood said last week
that its first-quarter net profit rose 48 per cent from the prior
year's same period thanks to an increase in sales and
Philippines-based Universal Robina will spend P5.6 billion (€87m)
this year to expand its branded foods range and increase its
presence in other Asian markets, URC president Lance Gokongwei told
reporters last week.