Nestle expands Singapore R&D amid Asia market growth
Swiss-based global food giant Nestle said Wednesday that it had expanded its research and development operations in Singapore, amid robust Asian market growth.
Swiss-based global food giant Nestle said Wednesday that it had expanded its research and development operations in Singapore, amid robust Asian market growth.
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.
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.
Food manufacturing giant Nestlé has expanded operations in the Philippines with the opening of a new plant and committed to fresh investments in 2013.
Swiss food and drink giant Nestle SA announced a deal Monday to acquire Pfizer Inc.’s infant-nutrition business for $11.85 billion in a bid to boost sales in emerging markets.
Global food conglomerates Nestle and Danone said Monday they will suspend or close factories in China, moves analysts said highlighted the tough competition from domestic players.
Its origins may be Swiss and its current head honcho may be British, but Nestle Philippines Inc. is as Filipino as a local company can get. In a recent interview, Nestle Philippines chair and chief executive John Martin Miller shares how the company has survived 100 years of doing business in the country, and how [...]
Who doesn’t wear a pair of Nike shoes? Kids wear it. Teens wear it. Men and women wear it. Old folks wear it. The globe practically wears it. The iconic brand is such a blockbuster it took Cannes by storm. Over the weekend, Nike captured the Grand Prix Lion in the juiciest categories of all, [...]
