With reports flooding the wires that Heinz has agreed to sell its Chinese frozen food business, Long Feng Food, to Zhengzhou Sanquan Foods marks the second time in a decade the American major has lost money on a deal in the country.
There’s always a weakness somewhere, and for the Indian government this is often the price of onions. And what must really be worrying the ruling politicians in New Delhi, as the finance minister delivers his Union Budget, is how the price of onions has...
The International Osteoporosis Foundation (IOF) and Fonterra are backing bone health research with a $44,000 Asia-focused grant open to residents of China, Indonesia, Malaysia, the Philippines and Vietnam.
Unilever and Nestlé say Oxfam missed an opportunity for a wider and more comprehensive debate about food ethics after the NGO published a damning report on the supply chains of the world’s biggest food firms this week.
Fonterra will invest more than NZ$100m ($82.4m, €62.8m) in a new ultra-high temperature (UHT) milk and cream processing plant in New Zealand in an attempt to meet growing Asian demand for heat-treated dairy products.
It is hard for a food industry trade show to pack the same level of glamour as, say, the Tokyo Motor Show, so it’s probably best for organisers not to try. But every now and again, in a moment of wild abandon, a celebrity or sports star graces a show’s...
Its that time of the year again. Yes, I know that is a cliche home run to begin with, but then one would find it difficult to describe the excitement that builds up every year towards the Indian Union Budget without indulging in one or two cliches.
Associated British Foods – worst-in-class in an Oxfam report critical of 10 food giants for essentially operating under a corporate social responsibility (CSR) “veil of secrecy” – has hit back, slamming the report ‘s findings as “ridiculous”.
Teams from both the European and Asian editions of FoodNavigator are on the ground at Gulfood 2013 in Dubai, a food, processing, packaging and ingredients show which, according to its blurb, claims to be the biggest in the world.
Already a mainstay in the Middle East ingredients market, Dohler has now announced further expansion in the region following its acquisition of the fruit processing and flavour unit of Delta Aromatic in Egypt.
The rapid change in India’s food consumption habits has spurred domestic and foreign quick service restaurant (QSR) chains to implement aggressive expansion plans. And according to a new Rabobank report, this growth is set to accelerate.