Swift Foods expansion hinges on AEC opportunities

Listed poultry firm Swift Foods Inc. (SFI) said it will check out the potential opportunities by the planned Association of Southeast Asian Nations (Asean) economic community (AEC) first before it makes any decision to expand its operations.

Francisco Segovia, SFI director and treasurer, told reporters after the company’s stockholders meeting that the company will “observe what happens first with the Asean open market” before making plans for expansion.