Business

Strikes in New Zealand's Auckland port threaten food sector

Auckland port strikes threatens Kiwi food sector

By Ankush Chibber

Strikes at Auckland ports are forcing food manufacturers and traders to look at alternate locations for their businesses, according to New Zealand industry sources.

 Nestlé invests in driving quality in China's dairy industry

Nestlé invests to upgrade China’s dairy industry

By Jennifer Phang

In a bid to develop modern dairy farming practices in China, Nestlé China has joined forces with local government, investors and farmers to create a training institute in Shuangcheng, in the Heilongijiang province.

Baskin-Robbins enters its eight Asian country in Vietnam

Timely entrance into Vietnam for Baskin-Robbins

By Kacey Culliney

US ice cream brand Baskin-Robbins has timed entrance into Vietnam carefully via a franchise with a local food company amid a snowballing economy and emerging middle class with a taste for luxuries, the company said.

Nestea fails to brew interest in India

Nestlé and Coke ice Indian tea JV

By Ankush Chibber

After being put on the backburner in October last year, it appears that the joint venture between Nestlé and Coca-Cola for the ready-to-drink (RTD) tea segment in India has been put permanently on ice.

Priya Food Products targets India's processed soya market

Indian biscuit maker takes aim at soy market

By Ankush Chibber

Maker of the Priya and Priya Gold brands of biscuits, Kolkata-based Priya Food Products is set to enter India’s packaged soy food products market.

New Indonesian production facility to serve Southeast Asia: Firmenich

Swiss flavour house builds Southeast Asian presence

By Kacey Culliney

Swiss flavour and fragrance giant, Firmenich, will be able to better serve Southeast Asia’s market as it will be closer to clients and consumers with its new flavour production facility in Indonesia, according to the company.

Megniu's milk scandal won't impact long-term

Tainted milk won’t taint Mengniu long term, say analysts

By Jennifer Phang

The aflatoxin-tainted milk scandal that has gripped Mengniu Dairy since the end of 2011 is damaging short term, but China’s biggest dairy is unlikely to suffer long term damage in its sales and share price, say analysts.

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