Forbes Medi-Tech has signed a three-year licence and supply agreement to grant Del Monte Pacific with exclusive rights to manufacture and sell food and beverages featuring the Reducol name across the Philippines, South Asia and Myanmar.
Carlsberg today formed a JV with a Burmese brewer to produce and market its brand portfolio, and told BeverageDaily.com the nation offered 'huge growth potential' in an under-penetrated beer category.
Dunkin' Donuts has announced that it has signed a franchise agreement to develop the brand in Vietnam. The move comes only shortly after coffee-and-baked-goods rival Starbucks revealed details of its own move into the South-east Asian country.
The potential upsides in Diageo’s potential acquisition of a majority stake in India's United Spirits (USL) are clear but achieving acceptable profitability from the business may be tricky, according to one analyst.
It is "difficult to say" if New Zealand dairy exports will suffer as a result of the on-going concerns surrounding dicyandiamide (DCD) contamination, Rabobank has claimed.
Lawyers in the United States are queuing up to bring on board investors in KFC’s parent, Yum! Brands, for a class action lawsuit. The move follows nearly two months of questions concerning meat standards at the fast food chain’s Chinese operation.
SAB Miller is blaming ‘exceptionally cold and wet winter weather’ for a third quarter volume decline in China, which meant lager volumes declined in its Asia Pacific business by 1% overall.
Mengniu saw its brand value plummet by more than 30% in 2012, as Chinese public concern over the safety of domestically-manufactured dairy products continued to turn consumers towards ‘safer’ international brands.
Chinese dairy Mengniu has further extinguished rumours that it is in talks to acquire milk supplier China Modern Dairy in a clarifying statement filed with the Stock Exchange of Hong Kong.
Struggling tobacco farmers in the northern Philippines have been thrown a lifeline by the government, which will soon open a multi-million dollar food processing plant in Ilocos Sur, along with a trading centre in the province.
Faced with rapid growth which it is struggling to meet, McCain Foods’ Indian subsidiary has announced plans to invest a further US$69m to introduce a third manufacturing line at its potato processing plant in Mehsana.
Arla Foods has no plans to acquire, merge or partner with any other Chinese dairy industry players under its recently-unveiled five-year strategy, a spokesperson for the Denmark-based co-operative has revealed.
Cargill has reported a more than 300% increase in year-over-year second quarter net earnings, from $100 in 2012 to $409 million in 2013. The only blemishs on the earnings report were lingering effects from the 2012 drought in the US and overcapacity...
