Arrow Artboard Created with Sketch. Artboard Created with Sketch. Title Chevron Title Chevron Icon Facebook Icon Linkedin Icon Mail Contact Path Layer Icon Mail Positive Arrow Icon Print Most read in 2018 Nestle threatens to close Philippine plant unless taxes cut Swiss food multinational's coffee factory hit by tight sugar supplies Nestle is considering halting production of Nescafe coffee mix in the Philippines amid rising production costs. (Photo by Kimberly Dela Cruz)
CLIFF VENZON, Nikkei staff writer September 5, 2018 18:29 JST | Philippines
MANILA -- Nestle said it could shut down its coffee processing plant in the Philippines unless it receives tax incentives from the government.
The Swiss food multinational, which makes the popular Nescafe 3-in-1 coffee milk and sugar mix locally, said it has taken a hit from rising costs and tighter sugar supplies in the domestic market.
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