UK beverage brand DRGN (pronounced 'dragon') has set its sights on APAC with its new functional soft drink, which combines ingredients originating from and popular in Asia to target consumers in the region.
Irish taste and nutrition company Kerry has signed a licensing agreement with Renaissance BioScience Corp to manufacture, sell and distribute Renaissance’s non-GMO acrylamide-reducing yeast enzyme, Acryleast.
Opportunities in the Chinese wine market remain “exciting and plentiful” with consumption forecast to continue to grow at 6% per annum for the next five years, according to Wine Australia. At this pace the country will break the 3tr litre barrier by 2022.
Sri Lanka has been accused of backtracked on its fight against diabetes after implementing a 40% reduction in its sugar tax, amidst public outcry describing the move as ‘insane’ and ‘racing backwards’.
The Alibaba Group has teamed up with Malaysian durian supplier BEHO Fresh to sell Malaysia-sourced Musang King durians to China via e-commerce, on the back of soaring consumer demand for the ‘King of Fruits’.
The Ministry of Health Singapore (MOH) is considering multiple measures to reduce Singaporeans' sugar intake from sugar-sweetened beverages (SSBs), including the introduction of a sugar tax and a complete higher-sugar drinks ban.