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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.

Dateline Southeast Asia

World’s fourth-biggest noodle market buckling under competition

Vietnam’s generations-long love affair with a paper-wrapped instant noodle brand appears to be in terminal decline after it reported plunging sales for last year.

Australian cricket gives a XXXX for new beer sponsor

Lion’s XXXX beer brand will replace VB after two decades of sponsorship of the Australian cricket team.

Australia

New Harvey Beef line to process only pampered cattle from WA

Western Australian meat major Harvey Beef has placed its emphasis on animal welfare for the launch of its new Rangelands brand.

NATURAL PRODUCTS NEW ZEALAND SUMMIT 2017

NZ government backs natural products innovation as exports help offset dairy slump

The New Zealand government is committed to helping natural products and supplements firms meet their export potential by removing barriers to innovation, according to the country’s environment minister.

FrieslandCampina comments on China Huishan Dairy crash

On March 24, the Hong Kong Stock Exchange postponed the trading in shares of China Huishan Dairy Holdings Company Limited after an 85% drop of its share price.

This week Down Under

Amazon Fresh confirmed: Online grocer to open in Australia in 2018

Amazon’s launch in Australia will include an online grocery delivery service, Amazon Fresh, though the global retailer is still yet to announce plans for bricks-and-mortar Amazon Go shops in the...

APAC’s food and nutrition entrepreneurs: This is your time to shine

APAC’s food and nutrition entrepreneurs and new start-ups are driving innovation in the region, and we want to shine the spotlight on their achievements.

Aussie Yum! operator ramps up investment in Northern Europe

An major Australian restaurant franchise operator will expand heavily into Europe after Yum! Brands agreed to sell it 16 outlets in the Netherlands.

Vinamilk completes Angkormilk takeover

Vietnamese dairy Vinamilk has bought all of the remaining shares of Cambodian milk producer Angkor Dairy Products Co. Limited (Angkormilk).

Roha launches Natracol Ultra Cran Red as an alternative to carmine in dairy products

Indian food company Roha Dyechem Pvt Ltd has created Natracol Ultra Cran Red (UCR), which it says capitalizes on the trend to move from synthetic dairy food colorants to natural...

Nestlé "very concerned" over deforestation links to Wilmar palm oil

Nestlé says it is "very concerned" by allegations that its palm oil supplier Wilmar International has again been implicated in sourcing palm oil from the protected Leuser ecosystem in Indonesia, according...

New Zealand’s ‘big win’ for exporters with chilled China meat deal

New Zealand has struck a six-month agreement with China to supply top restaurants and retailers with chilled meat, in a deal potentially worth millions of dollars to the economy.

News in brief

Rob Scoines appointed GM of Sanitarium NZ

Sanitarium Health & Wellbeing operation has named Rob Scoines as its general manager in New Zealand.

Australia

Murray Goulburn hopes new chairman will calm waters

John Spark has been named to replace outgoing chairman Philip Tracy at beleaguered dairy co-operative Murray Goulburn after weeks of boardroom turbulence.

Four fundamental APAC nutrition and food trends shaping 2017…and our Food Vision Asia summit

Diabetes, the double burden of malnutrition, personalised nutrition and sustainability: these are four of the most pressing APAC food and nutrition trends, according to industry experts speaking at our Food...

Regulators pave the way for use of hemp as a food in Australia and New Zealand

Food Standards Australia and New Zealand (FSANZ) has issued a circular paving the way for the sale of low-THC hemp seed products as a food.

Eurofins expands in Singapore and Turkey

Eurofins Scientific has acquired two companies to boost testing services in Singapore and Turkey.

South Asia radius

Drinks companies unite to counter India’s looming health policies

Executives from some of India’s biggest food and beverage companies have begun discussing ways to join forces and lobby the government to abandon plans to squeeze the industry.

News in brief

ADM to ramp up feed production with new production lines across China

Two new feed production lines will bolster Archer Daniels Midland’s China footprint at a time when demand for protein is growing rapidly.

News in brief

Shanghai tackles food safety with live-streaming app for kitchens

Customers can now watch how dishes are prepared and cooked in the kitchens of thousands of restaurants in Shanghai, as a citywide programme to install a surveillance system continues to...

Australia

Bitter row erupts over bible, beers and gay marriage

Scenes of two conservative politicians discussing marriage equality over a beer and a bible are not often used as a backdrop for consumer marketing campaigns, even in the reddest of...

This week Down Under

Turbulence at the top sees Coca-Cola Amatil shed Australian drinks MD

The head of Coca-Cola Amatil’s Australian beverages division has become one of five boardroom casualties as the group reacts to a near-40% drop in profit.

AusNutria seemingly unaffected by new China infant formula rules as revenues rocket

Revenues at Hong Kong-listed infant nutrition company AusNutria soared by 30.3% to RMB2,740.3 million (US$396 million) for 2016, despite intense market competition, most notably due to new regulations in China.

Six stand-out functional food and supplement trends from Indonesia

From consumer spending to retailer awareness, we pinpoint six of the most pressing functional food and supplement trends ahead of next week’s HI South East Asia exhibition and conference in...

Ingredients firm to build massive animal feed factory in China

Archer Daniels Midland (ADM) Company is targeting Chinese growth with plans to build a new animal feed factory in central China and add aquaculture production lines to another factory in...

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