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  • November 29, 2014
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Results 1 - 10 of 11 for philips

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  1. Rivals smoked out by beijing lobbying

    Posted Mar 11th 2006, 12:00am by Mark O'Neill

    ... Mark O'Neill The biggest loser in the new tobacco order in China is British American Tobacco (BAT), Philip Morris' biggest rival and the market leader on the mainland before ... and 2004, BAT said it would set up large joint venture plants in China but the State Tobacco Monopoly Bureau torpedoed the projects. CNTC's deal with Philip Morris closes the door on BAT. Sha ...

  2. Rolled gold

    Posted Mar 11th 2006, 12:00am by Mark O'Neill

    ... in December with Philip Morris International and will be based in Lausanne, Switzerland, the quid pro quo of a deal under which CNTC will manufacture Marlboro cigarettes at one of its plants. The deal took years of hard bargaining to negotiate and was only possible because it met the needs of each side- Philip Morris wanted a bigger market share by producing at a CNTC plant and selling ...

  3. Breaking the habit

    Posted Jan 01st 2009, 12:00am by Mark O'Neill

    ... to government figures, the STM ranked second in 2006 to Altria- the parent company of Philip Morris- in sales revenue among global cigarette producers, while its US$76.59 billion in assets is more than ...

  4. Tobacco industry breaks profit and output records

    Posted Jul 17th 2006, 12:00am by Mark O'Neill

    ... with Philip Morris, British American Tobacco, Japan Tobacco and other global giants. Bankers said that because of the strength of the anti-tobacco lobby, it would be virtually impossible for CNTC ... produced in China will be Marlboro, which CNTC agreed to manufacture at one of its plants under an agreement signed with Philip Morris last December. The US firm agreed in return to set up a 50-50 ...

  5. China car giant mulls share sale to raise 10b yuan

    Posted Jul 03rd 2006, 12:00am by Mark O'Neill

    ... with a profit of 2.4 billion won in the same period last year. On June 18, SAIC announced the appointment of Philip Murtaugh, a 32-year veteran of GM, as its vice-president in charge of overseas ...

  6. Chinese carmakers grab the wheel in drive for sector development

    Posted Apr 27th 2006, 12:00am by Mark O'Neill

    ... Mark O'Neill ONE OF THE most intriguing rumours sweeping Shanghai this month is the appointment of Philip Murtaugh, the former head of General Motors Corp in China, as a vice-president of Shanghai Automobile Industry Corp (SAIC). Many think of it as a demonstration of the Chinese war strategy of 'using the barbarians to fight the barbarians'. After 32 years ...

  7. Qin empire rocked by bribe claim

    Posted May 05th 2005, 12:00am by Mark O'Neill

    ... holiday. But in Hong Kong on April 29, Philip Wong Kun-to, managing director of SMI Corp, another of Qin's companies, denied that Qin had been detained, saying that he had only helped ...

  8. GM celebrates China market growth

    Posted Apr 20th 2005, 12:00am by Mark O'Neill

    ... event was the first public appearance for Kevin Wale, president of GM China since the shock resignation on March 30 of Philip Murtagh, the president since July 2000 and the architect ...

  9. Cigarette giant feels the heat over China smuggling claims

    Posted Jul 21st 2006, 12:00am by Mark O'Neill

    ... be seen online. China is the largest cigarette market in the world, and with sales declining in developed countries it has become a critical market for BAT and its global rival, Philip Morris. ...

  10. China chases soybean futures

    Posted Mar 07th 2005, 12:00am by Mark O'Neill

    ... traded a record 599 million contracts. 'If the preponderance of Chinese demand went through Dalian exchange, their ambitions could be fulfilled,' said Philip Laney, China country ...




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