Angelito Araneta's gold cake
Entrepreneur Angelito Araneta Jr's rabbit-shaped sweet rice cake, locally known as Tikoy, is encrusted with a 24-carat edible gold leaf and diamonds. The gold and diamond encrusted sweet rice cake sells for Rs 22,000 and is one of 13 ordered by rich Chinese customers for the celebration of the lunar new year, the Year of the Rabbit in Chinese calendar.