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CEYLON TEA

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abtest

Iran accepts tea in payment for Sri Lankan oil debt

December 28, 2021 - 8:55am

In 2016, Ceylon tea made up nearly half of Iranian consumption, but the proportion has declined in recent years.

Business

Discovering tea in Zamboanga

By Adora Dolores Rodriguez | March 27, 2011 - 12:00am

It was less than two decades ago when Leodegario Garcia stumbled across Ceylon Tea while attending a seminar at the City of Pines.

Agriculture

Lotte acquires 34.4% of local Pepsi bottler via special block sale

By Zinnia B. Dela Peña | October 20, 2010 - 12:00am

South Korean beverage firm Lotte Chilsung Beverage Co. Ltd. will complete its acquisition of a 34.4-percent stake in Pepsi-Cola Products Philippines Inc. worth P4.41 billion through a special block sale to be crossed...

Business

Korean firm Lotte acquires 34.4% stake in local Pepsi unit for P4.4 billion

By Zinnia B. Dela Peña | September 17, 2010 - 12:00am

Lotte Chilsung Beverage Co. Ltd., a unit of South Korea’s Lotte Group, has acquired a 34.4 percent stake in Pepsi-Cola Products Philippines Inc. (PCPPI) for around P4.4 billion, gaining a foothold in the Philippine...

Business