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                    [ArticleID] => 262856
                    [Title] => Philips to expand RP operations
                    [Summary] => Dutch electronics giant Philips Electronics N.V. is on an investment binge in the Philippines with its plan to infuse an additional $330 million  to expand its production activity  in the country.


Philips Electronics president and  chief executive officer  Gerard Kleisterlee said yesterday  that the firm  is planning   to transfer its microwave oven production to the Philippines from its current production base in Nijmegen, Netherlands.


The transfer would mean an investment of $65 million next year for the microwave production alone.


                    [DatePublished] => 2004-08-28 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1805266
                    [AuthorName] => Marianne V. Go
                    [SectionName] => Business
                    [SectionUrl] => business
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PHILIPS ELECTRONICS N

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                    [ArticleID] => 262856
                    [Title] => Philips to expand RP operations
                    [Summary] => Dutch electronics giant Philips Electronics N.V. is on an investment binge in the Philippines with its plan to infuse an additional $330 million  to expand its production activity  in the country.


Philips Electronics president and  chief executive officer  Gerard Kleisterlee said yesterday  that the firm  is planning   to transfer its microwave oven production to the Philippines from its current production base in Nijmegen, Netherlands.


The transfer would mean an investment of $65 million next year for the microwave production alone.


                    [DatePublished] => 2004-08-28 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1805266
                    [AuthorName] => Marianne V. Go
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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abtest

Philips to expand RP operations

By Marianne V. Go | August 28, 2004 - 12:00am

Dutch electronics giant Philips Electronics N.V. is on an investment binge in the Philippines with its plan to infuse an additional $330 million to expand its production activity in the country. Philips Electronics...

Business