Narmeen, who assumed the position in February 2022, said Mondelēz is not excluded from experiencing inflation across markets, including in Malaysia. "Other considerations include enhancing existing distribution and expanding into channels with rapid growth to minimise cost effects to guarantee our products remain affordable," she said. Narmeen said the two facilities play a critical role in the overall supply chain, serving local and export markets across Southeast Asia. "Although we are not planning any expansion in the near future, our manufacturing plants are vital to the overall supply chain, and the pandemic has caused numerous disruptions. On the global anti-palm oil lobby, she said the company is actively working with suppliers to ensure the commodity is produced in an environmentally-friendly manner.

Source: The Edge Markets May 21, 2022 04:43 UTC