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KUALA LUMPUR: Global market research company Euromonitor International said the health and wellness industry had grown by 6.75% in current value terms and was expected to hit US$774bil in 2014.
ZURICH: Swiss food giant Nestle SA named Ulf Mark Schneider as its next chief executive on Monday, underlining its shift towards health and wellness by poaching the boss of German healthcare group Fresenius.
NESTLE SA, the world’s largest food company, is looking at sustaining its growth in the various food categories globally this year despite the softening in demand triggered by the slow recovery in the world economy.
MCCANN Worldgroup in Malaysia has become one of the first marketing communications agency networks in Malaysia to introduce a full-fledged specialist division focused on health and wellness communication.
SERI KEMBANGAN: Country Heights Holdings Bhd’s flagship Mines development is getting a new lease of life as Mines Wellness City, an RM11bil mixed use project anchored on a health and wellness theme.
Health and wellness equipment retailer Ogawa World Bhd wants to penetrate the Middle East, Indian and Thai markets over the next three years.
Main board-bound Ogawa World Bhd expects a 37% rise in net profit for financial year 2007 on strong contribution from the high growth markets of Vietnam and China along with steady expansion in the domestic health and wellness market.