Archives for April 26, 2006

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Universal Robina reveals international expansion plans

By  Dominique Patton

Philippines-based Universal Robina will spend P5.6 billion (€87m) this year to expand its branded foods range and increase its presence in other Asian markets, URC president Lance Gokongwei told reporters last week.

Chinese dairies need to up R&D spend

By  Dominique Patton

Chinese dairies need to invest more in R&D to capitalise on future growth in added value products like milk drinks, cheese and yoghurts, advises a new report from consultants McKinsey.