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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.

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The Big B backs Complan after historic split with Pepsi comes to light

Hopefully Amitabh Bachchan’s relationship with Heinz India will fare better than his ambassadorship did for Pepsi now the Bollywood screen legend has been signed to endorse its health drink, Complan....

Lotte eyes Choco Pie growth in India with third plant

Korean confectioner Lotte plans to accelerate its Choco Pie brand in India with a third factory.

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Svedka vodka arrives in India

America’s second most popular imported vodka will now appear on Indian bottle shop shelves after owner Constellation brands tied up a deal with local distributor Mohan Brothers to bring Svedka...

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Nestlé expands Papua New Guinea operation

Nestlé Australia has unveiled the first stage of an A$9.5m (US$8.6m) expansion at its factory in Papua New Guinea, a project that will create an additional 75 jobs.

NZ to improve dairy traceability after Fonterra scare

In the wake of last year’s Fonterra whey protein concentrate (WPC) incident, the New Zealand government has established a working group designed to improve traceability in the country’s dairy sector....

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Aldi continues charge into new Aussie supermarket Big Three

The lightning growth of Aldi supermarkets in Australia is continuing, with the chain quadrupling its customer base over the last eight years from under 1m to 4.2m shoppers over an...

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Chinese chestnut major buys French company to conquer Europe

One of China’s biggest processed snack and frozen foods companies has acquired a majority share of an EU counterpart in a move that it says is to “achieve a strategic...

Danone struggling to claw back China share after last year’s issues

In spite of its increasing investments in China, European dairy major Danone is still yet to see signs of any recovery in baby formula growth and market share in China.

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Glut of unsold Chinese sucralose impacts outlook at Tate & Lyle: 2015 sucralose prices 15% lower

Tate & Lyle says it predicts a substantial deterioration in sucralose pricing owing to a glut of unsold Chinese sucralose which has forced it to reduce pricing in recently renewed...

State gov’t bails out SPC Ardmona, Coca-Cola expects big write-downs

The Victorian government has stepped in to safeguard the future of SPC Ardmona following last month’s decision by the Australian government not to bail out the troubled fruit packer.

Danone to double stake in Chinese dairy Mengniu

Danone is set to increase its interest in Chinese dairy manufacturer Mengniu to almost 10% in its latest bid to capitalize on the "high growth potential" of the country's chilled...

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American Institute of Baking buys Chinese certification body

The American Institute of Baking has entered into an agreement to acquire Beijing Sino-Swiss ADC, an officially approved certification body in Beijing, China. 

GM golden rice: Tables turn on Greenpeace

A dissident Greenpeace founding member claims the environmentalist group has become “a force for evil” in its campaigns against GM golden rice.

Asia-Pacific sales growth drives USANA's strong results

USANA Health Sciences, a network marketing company based on sports nutrition, weight management and general health nutritional products, posted an impressive 10.6% gain in net sales for its fourth quarter...

‘We’ll be the No.1 can player in China!’ Crown Holdings

Crown Holdings expects to become the leading beverage can producer in China this year and is bullish on the nation’s growth prospects despite low prices for its products.

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Kangshifu steals march on Coke in global soft drinks struggle

Tingyi's successful Chinese brand Kangshifu is gaining ground on Coca-Cola, Pepsi and Sprit in the bottle for world soft drinks domination, according to new Canadean research.

SPC Ardmona hammers Oz PM’s criticism of ‘over-generous’ conditions

Troubled SPC Ardmona has lashed out at claims by the Australian prime minister that the company is a “union shop”, and that the cause of its difficulties are because of...

NZX granted US dairy derivatives trading approval

The New Zealand Stock Exchange (NZX) has taken "another vital step" towards becoming a global player in the dairy industry by securing status as an authorised dairy trader in the...

Japan’s Calbee teams up with URC to tap Filipino snack food market

Filipino food major Universal Robina Corp's has partnered with Calbee Inc., Japan's largest snack food company, a move that will further establish both firms in Philippines’ growing packaged food market.

Australian government rejects bailout appeal from SPC Ardmona

The Australian government has rejected a plea by beverage maker SPC Ardmona for an AU$25m (US$21.8m) bailout package, calling on the firm’s parent company to the rescue of its local...

Man arrested in massive Japanese pesticide tainting scandal

Japanese police have arrested the man thought to be at the centre of a food tainting scandal that has seen thousands of people poisoned and confidence in the domestic food...

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Palsgaard recreates customer conditions with new Singapore pilot plant

Emulsifier specialist Palsgaard is now in the process of installing a margarine pilot plant at its Singapore facility. 

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Kellogg Australia makes kids cereal pledge

Kellogg Australia has pledged to donate at least two million servings of cereal to kids in 2014.

Coke India bottler fights site wrecking order

Coke subsidiary Hindustan Coca-Cola Beverages (HCCB) has filed a petition before a district magistrate challenging a government order demanding the destruction of a site in Northern India.

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Connell Bros. takes Enzyme Solutions in Aus business acquisition

Connell Bros., the Australian specialty chemicals and ingredients distributor, has announced it has acquired the business of Enzyme Solutions in Melbourne.  

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