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THINGS are looking rosy for Michael Loo.
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.
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.
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.
It was 1894, and the chief physician at the Battle Creek Sanatorium and his younger brother were experimenting in the hospital's kitchen, trying to create a better-tasting replacement for the nutritious but bland bread served to patients.
Since the beginning of the year, a number of issues ranging from rising oil prices to interest rates have generally impacted the way business is being conducted. In its half-yearly CEO Outlook survey,IStarBiz /I>brings you the views of some prominent CEOs on how they are steering their groups in current times.