SUBSCRIBE

Breaking News on Food & Beverage Development and Technology - Asia PacificEU edition | US edition

Headlines > Business

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.

News in brief

DSM raises prices for vitamin C produced in China

DSM said it is to increase prices for the vitamin C forms it produces in China by a minimum of 10% for non-contracted business.

Japan

Toyo’s most expensive rice record a nod to TPP uncertainty

Japan’s Toyo Rice Corporation has secured a world record for selling the world’s most expensive rice after a limited quantity of its super-premium grains were made available earlier this year...

International Sweeteners Association fights back against highly-critical research review

The International Sweeteners Association (ISA) has hit back at what it claims are the “misleading conclusions” of a review into sweetener industry-funded research which alleged widespread bias .

Sports nutrition and healthy ageing will fuel China's industry growth

The rise of China’s functional food and dietary supplement industry is continuing to outstrip overall economic growth, and will continue to do so with sports nutrition and goods for the...

Dubai’s Al Ghurair snags first F&B franchise brand

Fruit-based beverage retailer Smoothie King has expanded into the Gulf through a partnership with Dubai conglomerate Al Ghurair and opened of its first outlet in the region. 

China’s stake in Silver Fern Farms approved

The New Zealand government has given the go-ahead for Chinese food operator Shanghai Maling to buy a 50% stake in meat processor Silver Fern Farms for $261 million.

FI Asia 2016: The key industry trends hitting the show floor

With FI Asia taking place this week in Jakarta with 15,000 visitors, 650 exhibitors and a host of industry experts in one place, we caught up with Olav Masseling, brand...

India

Minister: India’s food processing industry could treble in size

India’s food processing industry is likely to treble in size over the coming years, with international manufacturers starting to see the Asian giant as a “global food factory”.

Leadership changes at China Mengniu Dairy

The board of China Mengniu Dairy Company Limited last week announced wholesale changes to its personnel.

Fonterra opens hub for China, invests in Tasmania

New Zealand’s Food Safety Minister Jo Goodhew has welcomed the opening of the Fonterra Ying Hub in Ying County, Shuozhou City, Shanxi Province, China.

Fast-food chains lead the way in contributing to India’s CO2 emissions

A report by an international NGO which has studied some of the fastest growing multinational fast-food chains in India has warned that just eight of the companies combined could contribute...

News in brief

Chinese police bust meat smuggling ring

Nearly 1,000 tons of frozen meat, some contaminated with bleach, have been seized by Guangdong police in the South of China, according to reports.

Wellard’s Chinese shareholders boosted by refinancing deal

Animal exporter Wellard is set to receive a multi-million-dollar payment from its largest shareholder, WGH Holdings, as part of a refinancing move set to benefit its Chinese backers.

News in brief

Fonterra says incident at Edendale plant not an explosion

Fonterra says all employees at its Edendale milk processing plant in New Zealand are safe following the collapse of a raw milk silo on Friday afternoon.

‘$2 trillion prize' for meeting global nutrition and sustainability needs

The food industry needs to stop looking at challenges such as obesity, malnutrition and waste as costly challenges and see them as the opportunities for creating “$2 trillion of added...

News in brief

Indian ingredient firm Roha opens German base

Indian-based ingredient firm Roha has continued its global expansion by opening a German office to increase technical and consumer support in Europe. 

Australia

Kanga bangas: Firm plans to set up ‘roo factory in Europe

The world’s largest premium kangaroo meat distributor is set to establish a processing plant in Europe to target the home cooking market.

Danone considers calling time on Dumex infant products in Vietnam

Danone is reported to be considering a gradual withdrawal of its Dumex infant nutrition products from Vietnam.

Australia

Craft-beer start-up has eyes on expansion from Adelaide to Asia

A home-delivery craft-beer service is helping put independent brews in the hands of ale lovers around Australia.

Joint venture forms Burmese chicken company

A chicken hatchery tasked to produce 12 million birds has been created in Burma by a joint venture of animal feed and poultry breeding companies from the Netherlands and Belgium. 

Korean TV and Asian demand drive freekah sales from Australia

Korean television and a partnership in Singapore have been helping an Australian super grain producer reach new markets.

DKSH acquires China e-commerce distributor eSweets

Market expansion firm DKSH has acquired a majority stake in online premium confectionery distributor Shanghai Sweets International (eSweets).

Brazil’s BRF buys majority stake in Malaysian meat processor

Brazilian food conglomerate BRF has entered into an agreement with Malaysian agri-food firm FFM Berhad to acquire a 70% stake in its subsidiary FFM Further Processing (FFP) for $16m.

Australian nutraceutical firm APM taken over in A$90m deal

Australian food packaging firm Pact is to acquire specialty nutraceutical manufacturer Australian Pharmaceutical Manufacturers (APM) for A$90m.

UAE’s Food Capital invests in fast-expanding Saudi store group

UAE-based investment firm Food Capital has acquired a significant stake in Ice Cream Dana Group of Saudi Arabia, the owner of 20 stores under the Yummy Yoghurt, Bun & Patty,...

Key Industry Events