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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.

Chinese now make up nearly half of Aussie university’s oenology places

One Australian university has seen an almost three-fold increase in Chinese enrolments in its winemaking courses over the past five years.

Japanese e-commerce site allows customers to choose by aroma

A Japanese company that designs and develops small odour-imaging sensors is in the final stages of testing what it claims to be the world’s first e-commerce website on which consumers...

Australian growth drives positive Hilton trading

International meat packing business Hilton Food Group has reported a solid trading update, driven by strong growth in Australia.

AGRANA Fruit expands into India through acquisition

Austrian fruit ingredient company AGRANA Fruit, part of the AGRANA Group, has acquired a fruit processing plant from the Indian company Sai Krupa Fruit Processing Pvt. Ltd.

Symrise wants one-third of its business in APAC as it opens new Singapore labs

Flavour and fragrance firm Symrise has opened a new innovation and technology centre in Singapore, and is now setting its sights on boosting APAC business to account for one-third of...

Mondelēz invests $2.9m in Cadbury 'Spider' production in Austrailia

Mondelēz Australia has invested around $2.9m in its Hobart, Tasmania, factory to produce two new lines – Cadbury Dark Milk and Cadbury Dairy Milk Marvelous Creations Spider – with new equipment.

News in brief

Detection Technology expands Beijing plant

X-ray imaging manufacturer Detection Technology has completed a 20% expansion of its Beijing factory to increase production capacity to meet demand forecasts.

Nestlé officially opens Vietnam MILO plant

Nestlé has inaugurated a new MILO factory in Hung Yen, Vietnam.

China direct

Noodle major Nissin to enter Chinese potato chip market

Nissin is preparing to enter China’s “shining” potato chips market in a bid to open up a new revenue stream beyond its traditional instant noodles empire.

Sustainable food and booze: NZ’s most sought-after exports to Singapore

New Zealand’s wealth of safe, sustainable food and beverage sources is not lost on Singaporean consumers, with total exports rising by 10% to $1.1bn in the past year.

French yeast giant Lesaffre establishes APAC hub in Singapore

Lesaffre, a 164-year-old French company specialising in yeast and fermentation products, has officially opened its regional expertise hub in Singapore, consolidating its different APAC business streams.

The sativa saga: Part 3

A novelty in Australia, hemp oil is nothing new for Kiwis

Last month’s decision to allow the sale of hemp seed for human consumption might have delighted Australian manufacturers that had hitherto been unable to stock their products on grocery food...

Eight start-ups vying for the Future Food Asia Award unveiled

The eight finalists for the Future Food Asia Award have been announced, with the winner of the US$ 100,000 grant set to be announced in Singapore this week.

APAC entries sought for World Steak Challenge

The World Steak Challenge is back for a third year and the deadline for entries is closing soon.

Nestlé’s Gulf business looking up as Dubai’s third plant opens

Business in the Gulf will bounce back after years of poor performance in the wake of collapsed oil prices, the world’s biggest food group’s regional chief has predicted while opened...

Dubai hydroponics investor launches global food security fund

Dubai’s Pegasus Agriculture Group, which owns various hydroponic farming facilities in the Middle East and North Africa, has established a futures fund to focus on food security.

Fonterra reopens Malaysian milk powder plant

Fonterra has reopened its milk powder manufacturing plant in Malaysia following a NZ$7m (US$4.8m) investment to boost manufacturing efficiencies and ensure it continues to meet health and safety, and food...

Miraka expands with Malaysia deal

Miraka, New Zealand’s first Maori-owned milk company, has signed an MOU with Malaysian company Storiiu, a food distribution business, to supply their flagship consumer food, Whai Ora. 

Nestlé inaugurates Nescafé and Maggi factory in Dubai

Nestlé Middle East has inaugurated its Al-Maha factory in Dubai South; its 18th factory in the region. 

China's infant formula trends: Sales boom predicted with organic and premium brands leading the charge

China’s infant milk formula market is poised to boom in the next five years as a result of the new “two-child” policy, and tighter rules issued by regulators, analysts said...

Sativa saga: Part 2

Farmers plan huge cannabis expansion to cash in on hemp foods ruling

When he heard the news that a council of antipodean ministers had decided to permit the sale of hemp seed as a food last month, Harry Youngman thought: “At last,...

Court decision looming in Cargill dispute with South Korean trade watchdog

A ruling in the appeal process initiated by Cargill against claims it participated in a feed cartel in South Korea is due this autumn.

China direct

ChemChina poised for swift completion of Syngenta deal

Now with the support of some 82% of Syngenta shareholders, ChemChina’s US$43bn bid to take over the Swiss pesticides and seeds group appears to be heading for fast completion.

Fonterra introducing trial hi-tech local weather stations for dairy farmers

Fonterra farmers in New Zealand will test new weather technology that the dairy cooperative hopes will bring greater precision.

Australian chicken giant to create 400 jobs

Poultry producer Ingham’s Group Limited will invest AU$70m ($51m) over a three-year expansion plan that will create 400 jobs in Western Australia.

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