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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.

FDI throws a lifeline to India's crumbling supply chain

As the dust settles on Friday’s announcement by the Indian government to finally allow foreign direct investment in multi-brand retail, it is becoming clear that the country’s beleaguered supply chain...

Australian consumers still eating local

Australian food producers have hit on a some good news after a new survey revealed that  Australians like to eat local food and shun imports.

News in brief

Australia gets basic complementary health study course

The Complementary Healthcare Council of Australia launched an introductory certificate in complementary medicines at its 2012 National Conference in Sydney yesterday. The non-product based course has been designed for consumers...

News in brief

Coca-Cola grant for Fukushima schools

Four schools ravaged by the Fukushima catastrophe this week conducted a joint ceremony to celebrate the installation of new solar facilities provided by Coca-Cola.

New study 'will boost earnings for New Zealand winegrowers'

A new research initiative is expected to bring a windfall to New Zealand’s wine industry, which has been adversely affected by climatic variations in the recent past.

Japan’s new ethoxyquin standard spooks Indian shrimp industry

India’s shrimp exporters are concerned by a new move by Japanese food safety regulators to lower the acceptable levels of a key anti-oxidant used in fishmeal.

Itochu in talks for Dole’s Asian operation

Japanese trading major Itochu has disclosed that it is in advanced talks with Dole Food over the purchase of the American company’s processed foods business and Asian fruit and vegetable...

'Shrewd' ThaiBev billionaire still in hunt for Singapore prize Asia Pacific Beverages

ThaiBev said today that its concert party aims to takeover Fraser & Neave (F&N) in a S$9bn deal, as rumors abound that the former’s billionaire chair still craves control of...

'NZ spirits industry ripe for investment'

A growing number of investors are eyeing New Zealand’s nascent spirits industry, with many small and medium-sized firms jostling to replicate the successes of the country’s wine growers, a new...

India’s bakery sector creating new opportunities for ingredient makers

Ingredient makers have been finding increasing opportunities in India’s bakery market, with consumers’ changing lifestyles driving the recent phase of growth.

Verghese Kurien: death of an Indian milk revolutionary

Few individuals have had as much impact on a produce industry as Dr Verghese Kurien, who passed away in Gujarat last weekend. In a career spanning almost 60 years, Kurien...

Food safety remains hot topic in China

In the wake of China’s recent spate of food safety scandals, a major new survey has found that its consumers are increasingly worrying about what they eat.

Booming Indian nutraceutical market boosts ingredient players

The Indian nutraceuticals market is driving growth for food ingredient players, thanks to growing health awareness and one unlikely sporting extravaganza.

Hershey sets up Indian subsidiary after ending Godrej joint venture

The Hershey Company has agreed a deal to buy Godrej Industries 49% stake in the two companies’ Indian joint venture and has announced plans to set up its own subsidiary:...

Fonterra cleared to acquire NZDL processing assets

Dairy exporter Fonterra has been cleared to acquire the processing assets of New Zealand Dairies Limited’s (NZDL) by the New Zealand Commerce Commission.

LycoRed takes aim at Asia with new facility

Growing awareness of nutritional intake among Chinese consumers has opened the door for Israel-based global premix supplier LycoRed.

Australian retailers under fire over private label imports

Australia’s marquee retailers are drawing criticism after a survey revealed many players are relying heavily on imported food products.

Heineken S$5.6bn offer is our ‘best opportunity’ to realize value: Fraser & Neave chair

Fraser & Neave (F&N) announced today that shareholders will vote on the firm's proposed sale of its interest in Asia Pacific Breweries (APB) to Heineken on September 28, and hailed...

Victoria Bitter boosts alcohol levels as recipe changes backfire

Carlton & United Breweries (CUB) CEO Ari Mervis admits the SAB Miller subsidiary was wrong to change the recipe for Victoria Bitter (VB), but is changing the Aussie beer back...

Goodman Fielder closes more bakery doors

Struggling food firm Goodman Fielder will add further factories to its string of closures as it desperately tries to slash costs and consolidate business.

Coca-Cola gets nod to market energy drinks in India

Beverage major Coca-Cola Company has been given the green light by Indian authorities to manufacture and sell energy drinks in the country.

Pet food tycoon chomps into confectionery world with Darrell Lea buy

A multi-million dollar Australian pet food firm has snapped up troubled confectioner Darrell Lea for an undisclosed sum as it plans to delve into a new market area.

Go East: Inside Asia’s evolving health claims laws

The substantiation and transference into law of varying kinds of data backing food supplements, herbal products and other healthy foods remains a major hurdle in evolving Asian food regulations, an...

Stem cell supplement approved for sale in Taiwan

Texas-based supplement maker RBC Life Sciences has won regulatory approval to market and sell its stem cell nourishing dietary supplement in Taiwan.

News in brief

Fonterra revises milk price forecast for 2012/13 season

Fonterra has announced a revised payout forecast range for the 2012/13 season, including a lower farm gate milk price (FGMP) of $5.25 per kilogram of milk solids – down from $5.50.

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