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Business

The latest news in the world of business, mergers and acquisitions, partnerships, and companies financial results are a mine of information on successful business strategies in the Asia Pacific region.

Friday feature

The Hills CEO: Shipping cider to England is like selling sand to Saudi

The Australian cricket team will not be the only Australian icon on British shores this northern summer. The Hills Cider Company, South Australia’s largest producer of artisan ciders, has sent...

Finnish dairy Valio seals Australian lactose-free milk powder distribution deal

Finnish dairy Valio has sealed a deal that will give Australian manufacturers "easy access" to its low-lactose and lactose-free milk powders.

Aussie dairy Lion opens 'largest specialty cheese facility in the Southern hemisphere'

Australian food and beverage firm Lion has opened what it claims is now the largest specialty cheese manufacturing facility in the Southern hemisphere.

Fonterra's impact on New Zealand dairy industry competition to be investigated

The New Zealand Commerce Commission is to investigate Fonterra's impact on competition in the country's dairy sector.

Agriculture briefing

Big Data and drones could bring more precision to Indonesia’s farms

Not long in office, Indonesian president Joko Widodo plans to grow rice production by 30% each year—a sum that is vitally necessary for the country to be self-sufficient in rice...

Indian dairy Amul to offer cooperative expertise to Mongolia

Indian dairy giant Amul has partnered with the Mongolian Institute of Technology to help develop an "effective milk procurement system" in the country.

Feature

Farmers now trading water on their mobiles in South Australia

Ten years of drought isn't a good thing. It doesn't help the bottom line of farmers or the health of a river system. It does, however, get a lot of...

NZ’s Saudi agri investments ‘compensation’ for sheep ban

New Zealand’s investments in Saudi Arabia’s agricultural sector have come under scrutiny following revelations they may have been intended as compensation for a ban on live animal exports.

Taura Naturals & Welch’s concentrate the nostalgic taste of Concord grape in versatile ingredient

The flavor of Welch’s famous Concord grape no longer is limited to juices, jellies and purees, but can now be found in concentrated fruit pieces and pastes that can easily...

News in brief

Fonterra doubles grated mozzarella cheese production with plant expansion

Fonterra has completed construction of a new plant at is Clandeboye site - an investment that doubles its production of individual quick frozen (IQF) grated mozzarella. 

Vietnam

Eurofins buys majority stake in Vietnam’s biggest food testing company

Eurofins Scientific, the international environment testing company, has agreed to acquire a 65% stake in Sắc Ký Hải Đăng (EDC-HD), Vietnam’s biggest private food analysis laboratory. 

Southeast Asia

Ingredion introduces ‘super-tasters’ to Singapore development centre

International ingredients developer Ingredion has added a “sensory panel” of trained “super-tasters” to its development centre in Singapore, its second facility in Asia offering the service. 

Murray Goulburn dairy farmer owners back plans for AU$500m IPO

Murray Goulburn shareholders have voted in favour of listing the dairy cooperative on the Australian Securities Exchange (ASX).

Vietnamese dairy Vinamilk in talks to acquire European operations: Reports

Vietnamese dairy giant Vinamilk is in talks to acquire dairy operations in Europe, according to reports from the South East Asian country.

Xtalks eCongress hosted a 9-part global webinar series on Food Fraud

Complex and globalized food supply increases vulnerability to fraud

The complex and globalized food supply increases the vulnerability of certain products to fraud, according to the National Center for Food Protection and Defense (NCFPD).

Myanmar

KFC hunts for golden egg in Myanmar's new market

US fast food is poised to arrive in Yangon for the first time after KFC was named the first north American chain to open in Myanmar.

Australia

Unique meat plant waste system hailed as green vision of the future

A green energy initiative by the Japanese meat processor NH Foods at its Oakey Beef Exports plant in Australiahas been hailed as a “poster child” for food producers worldwide.

Trident gum coming to China as category picks up, says Mondelēz

Mondelēz plans to launch its Trident brand in China as its gum business returns to growth after a long slump.

Manner explores ‘wafer country’ Indonesia for Asia launchpad

Austrian-based biscuit firm Josef Manner is considering marking its entry into Asia by entering Indonesia, where there is already an established wafer market.

Food safety legislation in the US and Europe now a blueprint for emerging markets such as China

Food safety legislation and standards in both the US and the European Union are now blueprints for similar regulations in emerging markets, such as China, both to improve safety for...

China

McDonald’s supplier given record fine for polluting Beijing

A three-way joint-venture involving McDonald’s, an agribusiness giant and a Beijing business has attracted the city’s biggest ever fine for causing pollution.

Clinical trial proves effectiveness of 'sleep promoting' night milk powder: Synlait

Synlait Milk has commercialised a "sleep promoting" milk powder, produced using milk collected from cows in the hours of darkness, following a clinical trial.

Special edition: Beyond 2020 - The future of sustainable cocoa

‘We cannot let Indonesia fail’: Mars stresses Asia’s importance in meeting future cocoa demand

Asia is poised to help meet rising demand for cocoa, but its key producer Indonesia faces quality concerns and its government lacks incentive to grow the sector.

Australia

Drinks companies time social media to coincide with big matches

Alcohol companies have been finding new and sophisticated ways to use the power of social media to pitch drinking as pivotal to the sporting experience, a new Australian study shows.

Acquisition leaves Masan Group a major feed player in Vietnam

The Masan Group has a acquired a 52% and 70% equity interest in Vietnam French Cattle Feed JSC – Proconco – and Agro Nutrition Company JSC – Anco – respectively...