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Japan’s Calbee admits mistake in Philippine JV partner

Japanese snack producer Calbee admitted that it made a mistake in choosing rival Universal Robina as partner for its failed Philippines potato chip joint venture, but said it would now focus on Indonesia and China to build on its presence in the region. "Universal Robina has its own brand, with the same salesmen dealing with both labels," Makoto Ehara, executive vice president of[Read More...]

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