South Korea's Lotte Confectionery Company, the country's largest
snack food manufacturer, has acquired a 100 per cent stake in a
Chinese confectioner - a move which will not only bolster its
influence among China's...
Heineken last week announced its decision to acquire a 40 per cent
stake in the Chinese brewery Jiangsu DaFuHao, after intimating in
its February results that it would continue to look for investment
South Korea's Food and Drug Administration has begun inspecting
outlets of fast food restaurant operators after the Chinese
operation of KFC admitted that it had discovered traces of the
banned food dye, Sudan 1. The threat of...
The future of the milk formula market in China lies with better
product quality and greater brand loyalty following the revelation
last year that much of the formula on sale there was fake. The move
towards higher margin products...
Enzymotec, the Israeli company which develops lipid-based
ingredients for the nutraceuticals and functional foods markets, is
hoping to take advantage of a perceived demand for healthy cooking
oils in the Asia Pacific region.
Thirty-two Chinese companies are to appeal against a ruling by the
US Department of Commerce which found them guilty of dumping large
quantities of shrimps onto the US market and imposed punitive
Indofood, Indonesia's biggest food company, has reported 2004
profits severely hit by the devaluation of the rupiah, but remains
hopeful of an upturn in 2005 following efforts to reduce its
exposure to exchange rates and the...
One of Asia's biggest food retailers, Dairy Farm, has this week
announced strong sales growth for 2004 helped by the recovery of
many local economies and a raft of recent acquisitions. But
increasing competition from European...