Nestle spends big in ASEAN despite economic uncertainty

Monday, June 15th, 2009

Undeterred by people's weakening purchasing power amid the global economic downturn, the world's largest food and beverage producer Nestl* S.A. is investing on a large scale in the ASEAN region, including completing a capacity-enhancement project in its Indonesian dairy processing plant. The company will invest 260 million Swiss francs (US$240 million) ...

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