Shell creates new unit to focus on alternative fuels utilization.
As it positions to take itself steps ahead in the utilization of alternative fuels, Pilipinas Shell Petroleum Corporation reportedly created a new unit that will be devoted to mapping out its strategy in this program. This was divulged by Energy Secretary Raphael P.M. Lotilla as he noted...

Tanduay raises P4.2-B term loan.
Byline: ANA MARIE MACUJA Tanduay Distillers, Inc. (TDI) has signed a syndicated loan agreement with seven banks obtaining a P4.2-billion five-year term loan facility. In a disclosure to the Philippine Stock Exchange, TDI, through parent firm Tanduay Holdings said the proceeds of the loan will...

Addressing underage drinking.
The Century Council, a not-for-profit organization funded by leading distilled spirits manufacturers, has launched a public awareness campaign aimed at improving communication between mothers and daughters about underage drinking. "Girl Talk: Choices and Consequences of Underage Drinking" was designed to help mothers to start conversations about alcohol use. The...

LAMBANOG.
a local wine made from coconut sap, goes through a process of natural fermentation and distillation until the desired 90 proof alcohol content is attained, thereby giving its characteristic potent taste. Normally, cooking time lasts from eight to 12 hours. Lambanog is free from synthetic chemicals and...

NEWS IN BRIEF; Peso closes at P53.88.
The peso closed unchanged at P53.88 to the US dollar yesterday at the Philippine Dealing System of the Bankers Association of the Philippines from P53.88 the previous day. The weighted average rate appreciated to P53.92 from P53.938. Total volume amounted to $98 million. Govt rejects T-bond bids...

New rum aimed at domestic drinkers.
Cuba has launched a new brand of rum under the Vacilon label for domestic consumption. The new rum is produced at the distillery of the Urbano Noris sugar mill in eastern Holguin province, 700 kms east of Havana. Vacilon, which uses special molasses as its main raw...

LAMBANOG.
a local wine made from coconut sap, goes through a process of natural fermentation and distillation until the desired 90 proof alcohol content is attained, thereby giving its characteristic potent taste. Normally, cooking time lasts from eight to 12 hours. Lambanog is free from synthetic chemicals and...

Guerra mexicana en Sudáfrica por el tequila.
PRETORIA, SUDÁFRICA. -- Cuando todavía no imaginaba que llegaría a ser embajador en este país --como lo es desde hace dos años--, Mauricio De Maria y Campos, de visita en 1994, recibió de su antecesor Cassio Luiselli una pésima noticia: Sudáfrica estaba produciendo y comercializando un "supuesto"...

P/$ rate closes at P56.275 to $1.
The peso closed higher at P56.275 to the US dollar yesterday at the Philippine Dealing System of the Bankers Association of the Philippines from P56.30 last Friday. The weighted average rate depreciated to R56.298 from P56.271. Total volume amounted to $148 million. ECoP puts up institute ...

Cool Korean cocktail: try soju, Asia's answer to vodka.
Next time you're in the mood for something a bit more cosmopolitan than a cosmopolitan, head for San Francisco's RoHan Lounge, a Korean fusion restaurant where the beverage of choice is soju, an Asian liquor distilled from sweet potatoes, rice, or barley. Although RoHan is the first restaurant in...