Procter & Gamble to invest more
Procter & Gamble, the world’s leading consumer products manufacturer, plans to invest more in the Philippines as a priority market, a top company executive said Thursday.
“Definitely, we will invest. We can expand some more our product portfolio. We put the Philippines in our top priority,” P&G president for Asia Pacific Harsunori Kiriyama said during his visit in Manila.
Kiriyama said as the Philippine economy continued to grow, P&G would also expand its product portfolio and investments in the country.
The company is present in four product categories in the Philippines, including fabric detergents and conditioners; baby and feminine care; beauty (skin and hair products); and health.
Kiriyama said the company might introduce about 80 brands that were not present in the Philippines.
The Philippines is P&G’s second oldest subsidiary after the US and has a well established manufacturing operations.