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Nestlé to double size of facility in PH

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Consumer goods giant Nestlé Philippines will embark on an expansion program to double the size of its existing factory in Tanauan, Batangas, making it one of the largest production facilities of its parent firm, Nestlé SA, in the world.

Posted: May 23rd, 2014 in Editor's Pick,Headlines | Read More »

Nestle posts 3.7 percent rise in first-half profit

AFP FILE PHOTO

Swiss food and drinks giant Nestle SA posted a 3.7 percent rise in first-half profits and strong sales Thursday, despite what it described as the challenges of slowing markets and “value-conscious” consumers.

Posted: August 8th, 2013 in Latest Business Stories | Read More »

Nestle expands Singapore R&D amid Asia market growth

Photo from http://www.nestle.com.sg/

Swiss-based global food giant Nestle said Wednesday that it had expanded its research and development operations in Singapore, amid robust Asian market growth.

Posted: May 22nd, 2013 in Latest Business Stories | Read More »

Nestle warns market will stay tough in 2013

Nestle CEO Paul Bulcke speaks during the 2012 full-year results press conference of Nestle in Vevey, Switzerland, Thursday, Feb. 14, 2013. Nestle SA, the world's biggest food and drinks maker, predicted another challenging year ahead.  AP PHOTO/KEYSTONE, LAURENT GILLIERON

Swiss-based food giant Nestle warned Thursday that business was likely to be tough this year, after its 2012 results showed a slowdown in growth in emerging markets.

Posted: February 15th, 2013 in Latest Business Stories | Read More »

Nestle makes $11.55 billion profit in 2012

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Nestle SA, the world’s biggest food and drinks maker, overcame tough global economic conditions to post a full-year net profit of 10.6 billion Swiss francs ($11.55 billion) for 2012, but predicted another challenging year ahead, the company said in a statement.

Posted: February 14th, 2013 in Latest Business Stories | Read More »

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