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Headlines > Business

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...

China

Pork over-capacity making things too uncertain for Smithfield growth

Over-capacity in the world’s biggest pork market has prompted the chief executive of WH Group to exercise caution over expanding its Smithfield’s pork processing operation in China.

FOODEX JAPAN 2017

'Don’t dismiss organic': Growing US market could offer opportunities and advice for Japan

Japanese firms can tap into rising demand for organic and natural produce and products in the US by learning best practices and getting to grips with the latest market trends.

ASIA'S FOOD LEADERS VIDEO SERIES

VIDEO: Asia is still the growth engine of the food world, Singapore CEO

Better productivity, more reliable logistics and enhancing export oppotunities - these are just three of the key benefits of Commonwealth Capital's new $70m manufacturing site in Singapore.

Russia’s Miratorg targets Asia for $100m export push

Russian meat company Miratorg wants to see its export revenue rise to as much as $100m this year, and a major product push at a Chinese trade show is underway...

China direct

Chinese meat major refocuses on established markets from emerging ones

New Hope is anticipating a fourfold rise in business after announcing plans to expand into new established markets as part of China’s “Belt and Road” initiative to promote exports.

FOODEX JAPAN 2017

Japan halal: Manufacturers urged to boost shelf life to cash-in on Middle East exports

Increasing the shelf life of halal products is the single factor that could help Japanese firms boost sales to the Middle East, and in turn help meet the government’s 1...

Flavour major Takasago opens first Indian flavour plant

One of the world’s biggest flavour and fragrance companies has opened its first Indian manufacturing facility as part of an aggressive expansion into the country.

Japan

Have a break...have a Kit Kat sushi

Japan is known for its love of weird and wacky Kit Kat flavours, but Nestlé might have just taken the biscuit with its sushi version.

FOODEX JAPAN 2017

Kangaroo versus Kobe: Can Aussie protein take on premium beef in Japan?

Increasingly health conscious Japanese consumers can be persuaded to skip Kobe beef in favour of top-of-the-range kangaroo, claims a pioneer of the Australian industry.

FOODEX JAPAN 2017

Taiwan tempted to look at new trade deals to boost Japan exports

The leader of Taiwan’s delegation to FoodEx Japan says there is still scope for more exports to the country’s second largest trading partner, while the agriculture minister has left the...

FOODEX JAPAN 2017

CBD manufacturer Naturally Splendid targets Japan expansion with double sales deal

Canadian CBD firm Naturally Splendid has signed two exclusive sales agreements to launch a suite of products in Japan.

This week Down Under

Australian shiraz claims credit for founding wine’s mile-high club

An Australian winery has taken to tailoring products for a sky-high target market.

Dubai firm offers free finance for water made from thin air

A Dubai company has secured a finance partner to provide customers with interest-free loans over four years for machines that literally convert air into water.

FOODEX JAPAN 2017

Japan going bananas for Philippine food exports as trade chiefs eye record business at FoodEx show

The 17-strong delegation of Philippine food firms showcased at FoodEx Japan this week is targetting record total sales topping US$28m from the four-day event – with banana-based products booming in...

FoodEx Japan 2017

Functional soups: The next big business opportunity for food and nutrition firms in Japan?

Functional soups featuring botanical and herbal ingredients such as ginger, ginseng and cordyceps are ripe for new product development in Japan, with the ageing population a particularly lucrative target market.

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