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 the Czech Republic "Budweiser." In the European Union, Budějovický Budvar is recognized as a product with Protected Geographical Indication. Because of such disputes, Budvar is sold in the United States and Canada under the label Czechvar. And Anheuser-Busch sells its beer as Bud in the most of the European Union. Pilsner Urquell was the first "pilsner" type beer in the world. In 1842, a brewery in Plzeň employed Josef Groll, a German brewer who was experienced in the Bavarian lager method of making beer. Beer in Pilsen at the time was not of very good quality and they needed to compete. Groll developed