Beer in the Philippines and pub culture, will collectively act to positively increase alcoholic drinks in the country. In terms of types of alcoholic drinks, beer and spirits will continue to comprise the largest volumes. San Miguel Corp expects to raise up to $616 million from selling shares of its flagship domestic beer group in the first half of 2008. In 2011, San Miguel Corp accounted for 88 per cent of domestic beer sold in the Philippines. San Miguel Corporation is southeast Asia's oldest and largest brewer. Established by Felix Hagad from his garage microbrewery, Bog's Brew debuted in Cafe Bob's and Bob's Restaurant
Germans in the Philippines Manila—leaving the Philippines ripe for German picking. Following the American victory in the war, the Philippines and the Far East were brought to the attention of the world and Germany recognized the great potentialities of the islands as a major commercial market. On 12 June, the day the Philippines declared its independence from Spain, Vice-Admiral Otto von Diederichs arrived in Manila Bay. The number of German war vessels in Philippine waters increased to three. Earlier, on 6 and 9 May, respectively, the German ships "Irene" and the "Cormoran" arrived in the bay with a separate instruction from the German government,