South Korean brewer Hite announced Friday it work with Jinro, the
country's leading distiller, to create the leading bottled water
brand on the national market.
South Korea and the United States are set to begin talks on a free
trade agreement that promises to benefit food and drink sector
firms on both sides of the Pacific.
PepsiCo has announced it will invest another $850m in China over
the next three years in recognition of the country as a rapidly
emerging market for soft drinks and snack foods.
A survey of the effects of bird flu on the Spanish poultry market
demonstrates the complex interplay between government intervention,
consumer concerns and industry reaction to a disease that has the
potential to cripple the sector.
South Korean kimchi exports have jumped in the first 10 months of
the year, after the media reported it may have a preventative
effect against avian influenza.
The proportion of value-added food and beverage products exported
from New Zealand has continued to rise steadily against commodity
products, with the value-added sector enjoying growth of nearly 10
per cent in the past five years.
A UK lobby group is targeting the Malaysian and Indonesian palm oil
industries, claiming that intense farming of plantations is
threatening the orang-utan with extinction.
Australian brewer Lion Nathan has responded to last week's
objections by Coopers, the subject of a hostile takeover by the
firm, with similar claims of foul play.
Foster's has taken a streamlined approach to 'brand Australia' on
the world wine market, announcing two wineries will be sold off as
the firm tries to realise cost-savings from its Southcorp buyout.
Australia has imposed an indefinite ban on the Selecta ice cream
brand over fears that its ingredients could be affected by the
incidence of foot and mouth disease (FMD) in the Philippines.
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