Alaska Milk Corp. reported Wednesday that its net income in the first nine months dipped on higher costs. In a statement, Alaska Milk said its earnings dipped 52 percent to P671 million in the nine ...

Eating chocolate, or drinking chocolate milk, has a reputation for helping people recover from a tough workout. But does it really work? It sounds too good to be true—and it just might be.

Philippine dairy company Alaska Milk and the local unit of Swiss food giant Nestlé are raising milk prices by 5% this month due to rising production costs. Trade Secretary Manuel Roxas said the ...