Monopolies in the Philippines (1965–1986) granted PD 1468, which declared the money as private and prevented any government audit. Cojuangco bought San Miguel Corporation (SMC) with the funds from the Coco levy. SMC is one of the oldest and largest beer, food, packaging and livestock conglomerate in the Philippines. President Marcos gave favors to SMC once Cojuangco became its head. Taxes were raised for liquor and cigarettes in January 1986, but excise taxes on beer went down. Beer is one of the main products of SMC, which helped the corporation save as much as $40 million that year. When Marcos was President, he often wrote
Beer in Chile Beer in Chile The primary beer brewed and consumed in Chile is pale lager, though the country also has a tradition of brewing corn beer, known as chicha. Chile’s beer history has a strong German influence – some of the bigger beer producers are from the country’s southern lake district, a region populated by a great number of German immigrants during the 19th century. Chile also produces English ale-style craft beers while also developing its own craft beer identity. There is long tradition of brewing a drink called chicha that might be classified as corn beer by modern standards, though