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IN 2005, interest will centre on the consumer sector, which has been going strong for a number of years now.Today we bring you comments by Nestle (M) Bhd managing director Sullivan O'Carroll, British American Tobacco (M) Bhd managing director Andrew Gray and Theo de Rond, managing director of Guinness Anchor Bhd.
Kraft Foods Inc said it will eliminate 6,000 jobs, or 6% of its workforce, and close 20 plants worldwide over the next three years. The restructuring follows more than a year of disappointing sales and earnings for the biggest US food company.
Our CEO Outlook today features three CEOs who represent big foreign consumer and retail companies in Malaysia. Sullivan O'Carroll of Nestle (Malaysia) Bhd, Danny Ng of Unilever Malaysia and David Wood of Courts Mammoth Bhd.
THINGS are looking rosy for Michael Loo.