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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.

Amazon launches Prime Now in Singapore

Amazon looks set to shake up Singapore’s retail market with the launch of its most aggressive service yet, Prime Now. 

Ajinomoto set to thaw Europe with multi-million euro takeover

Japanese food giant Ajinomoto has fired up its European growth plans with the acquisition of France’s frozen food business Labeyrie Traiteur Surgelés (LTS) for an undisclosed sum.

Excitement builds for Japan's Wagyu Olympics

Japan’s top cattle and meat producers are gearing up to compete in the country’s next ‘Wagyu Olympics’, the country’s premier beef cattle show, to be held in Sendai, Miyagi prefecture,...

Aussie wine firms turn to AI to streamline manufacturing

The Australian wine industry is turning to artificial intelligence to streamline its manufacturing and significantly increase production efficiency by optimising machine use.

News in brief

Sadara starts production of propylene glycol at huge new plant

Saudi Arabia’s Sadara Chemical Company has begun production of propylene glycol at a new plant in Jubail Industrial City II.

Singapore and South Australia unite to drive functional food innovation among SMEs

Singapore’s government enterprise body SPRING is joining forces with economic development agency Primary Industries and Regions South Australia (PIRSA) to collaborate on functional food innovation.

‘Coming soon: BrewDog Australia’: Craft brewer sets out Aussie brewery plans

Scottish craft brewer BrewDog has announced its plans to build a brewery and taproom in Australia.

News in brief

Agrana invests €22m in east China R&D and manufacturing plant

Agrana, the European fruit ingredients major, will make its biggest single investment in China with the construction of a new plant in the east of the country.

Yakult begins work on sixth China factory

Yakult is to begin construction of its sixth plant in China to increase production of its probiotic milk drinks.

China direct

Mengniu embraces Belt and Road strategy to expand into new markets

One of China’s biggest dairy producers has revealed plans to launch localised products in overseas markets later this year to take advantage of Beijing’s much-vaunted Belt and Road initiative....

Nestlé launches cake-style KitKat upon renovating chocolate store in Japan

Nestlé will launch a KitKat Chocolatory Gateau Mignon exclusively at the KitKat Chocolatory Ginza store in Tokyo, Japan, on July 25, 2017. 

Fonterra to spend $150m to build two cream cheese plants for Asian market

Fonterra has announced plans to build two new cream cheese plants at its Darfield site in Canterbury, New Zealand.

Yakult Danone plans India expansion as probiotics awareness grows

Yakult Danone India is to increase manufacturing capacity at its Sonepat facility to meet rising demand for its probiotic drinks.

Novacap’s first sodium bicarbonate plant in Asia opens in Singapore

Novacap has officially opened a sodium bicarbonate plant in Singapore, the first of its kind for the French firm in Asia, to boost sales to bakery and pharmaceutical sectors, among...

India

Venky’s gains from beef ban despite recent suspension

India’s ban on the sale of cattle has boosted the corporate fortunes of poultry producer Venky’s, whose stock has rallied by 360% so far this year.

Craft in a froth after watchdog decides not to pursue beer majors

The craft brewing industry has hit out at Australia’s competition watchdog’s decision not to take action against beer majors over distribution contracts that they say shut them out of pubs...

Another personalized nutrition testing firm attracts investment capital

Investment capital continues to flow into the personalized nutrition space with the announcement of another infusion of cash into Orig3n, a company that offers genetic testing kits.

South Asia radius

Indian dairy brand owner turns to Belgian investor for round-B funding

The parent of Epigamia Greek yoghurt has raised INR900m (US$14m) in funding from a Belgian private equity group.

News in brief

Chicken chain celebrates 30 years in China with smartphone release

KFC has marked the thirtieth anniversary of its launch in China with the launch of a scarlet smartphone with Colonel Sanders’ face laser-engraved on the rear of the device.

Chemicals firm buys majority stake in Chinese vanillin specialist

Camlin Fine Sciences has acquired a majority stake in Ningbo Wanglong Flavours and Fragrances, which specialises in vanillin flavours for the food industry.

Could malformed mushrooms be the next big sports nutrition ingredient?

Mushrooms have been hailed as the perfect ingredient for new sports drinks, with researchers in Australia claiming they could be key to refuelling after a workout.

GEA to build Asia’s largest milk production facility for Amul in India

GEA is set to build a new dairy plant in India for AmulFed Dairy that, when completed, will be the largest skim milk powder and dairy whitener plant in Asia.

FoodPro / AIFST Convention 2017

Weak consumer confidence and retail slowdown big concerns for Aussie food manufacturers

Business confidence is outweighing that of consumers in Australia, with rising household debt, more out-of-home dining and falling retailer margins having the potential to cause problems for the nation’s food...

FoodPro / AIFST Convention 2017

Shipping dumplings to China: Minister says Aussie food firms can be 'as innovative as Silicon Valley'

The Australian food industry can become as “innovative as Silicon Valley” by embracing innovation, tapping into migrant community networks and exporting more to Asia - with one firm now seeking...

Australia

Lion refutes rumour that XXXX brewery will close

Australian brewery major Lion has categorically denied that its iconic Castlemaine Perkins brewery in Brisbane will close after media reported that staff had been notified of the closure.

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