Pulpy juice launched

Pulpy juice launched

KATHMANDU:

United Beverage Pvt Ltd has launched Pulpy juice in the Nepali market. As per the press statement issued on Saturday, the juice is available in mango and guava flavours in 250ml and one litre pet bottles for Rs 33 and Rs 190, respectively. The company plans to introduce other flavours in the near future, as per the statement. Actor Rajesh Hamal has been appointed as the brand ambassador for the juice. — HNS

Suzuki to expand

TOKYO:

Japanese automaker Suzuki plans to invest tens of millions of dollars to build a second plant in Myanmar, seeking to make quick inroads in the country’s growing market, a report said on Saturday. The small-car maker has already secured a roughly 20-hectare (50-acre) plot at the Thilawa special economic zone southeast of Yangon for the new plant, the Nikkei business daily said. Construction is expected to start later this year, with the facility slated to come online in 2017, the newspaper added. Suzuki is expected to invest several billion yen and hire about 300 staffers, aiming to increase Suzuki’s output in Myanmar by more than five times, it said. At the new plant, Suzuki plans to produce some 10,000 cars a year. — AFP

Lafarge, Holcim tie-up

PARIS:

Lafarge boss Bruno Lafont wants someone with experience of the cement industry to be chief executive in the French group’s planned tie-up with Swiss peer Holcim, daily newspaper Le Monde said. The choice of CEO for what would be the world’s largest cement maker is still unresolved after revised merger terms last month gave Lafont the role of non-executive co-chairman instead of chief executive as initially planned. Lafont is due to propose a CEO candidate within the next two weeks ahead of a special May 8 shareholder meeting called to ratify the merger deal. “For me, there should be a leader able to drive and unify the teams, a cement expert who already has good knowledge of the industry,” he told Le Monde. — Reuters

Source: THT