Starbucks Corp (SBUX.O) said on Wednesday that its 12,123 U.S. shops would begin offering coconut milk on Feb. 17, as it seeks to keep pace with soaring demand for non-dairy and non-soy milk alternatives.
Starbucks began offering soy milk in 1997. Consumer tastes have since evolved, driving strong demand for other non-dairy alternatives made from products such as coconuts, hemp, rice, almonds and other nuts.
The move from the world's biggest coffee chain also comes as smaller rivals such as Peet's Coffee and Coffee Bean & Tea Leaf also offer non-soy dairy... read more
Three Philippine banks said they are considering bids for the government's majority stake in unlisted, medium-sized lender United Coconut Planters Bank - a deal expected to be worth at least 16.1 billion pesos ($360 million).
The Finance Department said on Sunday that in addition to paying for the government's 73.9 percent stake - equivalent to around 1.1 billlion pesos - the winning bidder must inject at least 15 billion pesos in capital.
Security Bank Corp, the country's ninth largest lender by assets, Rizal Commercial Banking Corp (RCBC) and Robinsons Bank Corp, a unit of conglomerate JG Summit... read more
The 35th annual Natural Products Expo West, claiming to be the world's largest natural, organic and healthy products event, drew more than 71,000 to the Anaheim (Calif.) Convention Center March 4-8.
Two interesting themes we noticed: yogurts made from everything but cow's milk and claiming nationalities other than Greek, and coconut flakes (not coconut water, which is so last year).
A combination of two of those themes, Co Yo yogurt is made from the cream from the whole flesh of the coconut. "It's 98 percent pure coconut – in fact, it... read more