Boehringer Ingelheim, Germany-headquarter pharmaceutical company Boehringer Ingelheim announced on Monday it will open the first branch of its digital lab BI X outside Germany in July at Shanghai, a city the company believes is an emerging start-up hub in China. The concept of BI X is using digital innovation to accelerate the development of healthcare […]
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Danone eyes healthy growth in the nation
French food giant gears up to meet demand from customers interested in nutritional benefits of products As China continues to open up to the outside world, French food giant Danone SA sees more opportunities and is eyeing a bigger presence in the country. To accelerate the success of your leaders and high potentials, Cornerstone offers […]
More dairy in Chinese cuisine helps boost Fonterra’s growth
The increasing use of dairy products at Chinese restaurants as well as teahouses and coffeehouses have contributed to the growth of the food sector business for world-leading dairy exporter Fonterra Co-operative Group Limited in the country. According to Fonterra’s 2020 interim results on Wednesday, its foodservice sector in China has achieved double-digit growth in the […]
China’s Cedar Holdings to acquire UK’s Stemcor
Cedar Holdings Group Co Ltd (“Cedar Holdings”), China’s leading supplier of bulk commodities, and Stemcor Global Holdings Ltd (“Stemcor”), a leading global steel trading and Distribution Company, signed an agreement on January 21 at the World Economic Forum in Davos which will see Cedar Holdings purchase the entire share capital of Stemcor, subject to various. […]
Employees Expect Pay Rise despite Moderate Economic Growth, Survey Finds
As economic growth is expected to moderate in 2020, Singaporeans are turning to businesses to fill that gap. According to Randstad’s Work monitor 2019 Q4 results, 60 percent of Singapore-based respondents expect the economic situation to deteriorate in 2020. The same number of respondents also expects their employers to perform better financially in 2020, than […]