Choices, choices but not really
Freedom requires that government keep the channels of competition and opportunity open, prevent monopolies, economic abuse and domination. — Herbert Hoover, 31st US President OUR grocery stores seem to have an abundance of all types of foods, skincare, and cosmetics, from seemingly hundreds of different brands. Lucky us? Well, it might scare you a little […]
California orders Nestle to stop ‘unlawful’ bottling water from springs
SACRAMENTO: The water regulator of the US state of California ruled on Tuesday that the beverage corporate giant Nestle had no legal right to the water it had diverted and bottled from mountain springs for over 100 years, reported Xinhua. The bottled water is sold under Arrowhead, a household brand whose label reads “Since 1894”. […]
Nestle’s 2Q net profit rises to RM180.92 mln, declares 70 sen dividend
KUALA LUMPUR: Nestle (Malaysia) Bhd’s net profit in the second quarter ended June 30, 2023 (2Q FY2023) rose to RM180.92 million from RM169.65 million in the same period last year on solid revenue growth, as well as the continuous focus on internal efficiencies, amidst sustained pressure on commodity prices. “The profit improvement was compatible with […]
Nestle profit up to RM620 mln in FY22
KUALA LUMPUR: Nestle (Malaysia) Bhd’s net profit for the financial year ended Dec 31, 2022 (FY 2022) rose to RM620.33 million from RM569.81 million in FY21 as demand for food and beverage bounced back post-pandemic. Revenue also jumped to RM6.67 billion versus RM5.73 billion previously, driven by both domestic and export sales, it said in […]
RM250,000 worth of prizes up for grabs
KUCHING: In conjunction with Gawai and Kaamatan celebration, coffee brand name NESCAFE is organising its “Peraduan NESCAFE Jom Beli dan Raikan Bersama” again offering RM 250,000 worth of prizes. Business Executive Officer of Beverages Business Unit, Nestle (Malaysia) Berhad Othman Chraibi shared that the harvest festival was celebrated in Sabah and Sarawak respectively. He said […]
Nestle Malaysia posts net profit of RM569.8 million
KUALA LUMPUR: Nestle (Malaysia) Bhd’s net profit for the financial year ended Dec 31, 2021 improved to RM569.81 million from RM552.71 million due to the higher sales and marketing spend efficiency. However, it was offset slightly by increased commodity prices as well as significant COVID-19 related expenses. Its revenue rose 5.9 per cent to RM5.73 […]
Milo bundle packs distributed to seven organisations
KUCHING: Milo bundle packs were distributed to seven organisations nationwide in conjunction with the Ramadan and Hari Raya festivities. 430 packs were donated equally among Human Aid Selangor, Kuching Food Aid, The Lost Food Project, Malaysian Relief Aid, Food Aid Foundation and Yayasan Pesona, as well as selected B40 families in Selangor identified through a […]
Spreading goodness during Ramadan
KUCHING: Milo® has once again deployed its #SkuadKebaikanMILO which aims to encourage fellow Malaysians to spread goodness and support communities that are in need during the fasting month of Ramadan. Consumer Marketing Manager of Milo® Nestlé (Malaysia) Berhad Maria Murni Nur Azmi, in a statement, said that the pandemic is not stopping fellow Malaysians from […]
Nestle first plant-based manufacturing facility launched
SHAH ALAM: Nestlé Malaysia has launched the first Plant-Based Meal Solutions manufacturing facility in the Asean region, and one of only two in Asia, today (Apr 7). The new facility would meet the growing demand for plant-based foods, domestically and internationally. The company said that it has invested RM150 million in this facility, making it […]
Nestlé, KyoChon to debut new meat-free menu
KUCHING: Nestlé Malaysia has marked its official entry into the fast-growing plant-based foods segment in the out-of-home sector, partnering with KyoChon to launch a meat-free menu using its all-new Harvest Gourmet plant-based range. Catering to a wider consumer base, the new meat-free menu at KyoChon is aimed at those seeking to reduce their meat intake […]
