A recent report from the Australian National University indicates
that food and beverage companies in the Asia Pacific region will
continue to benefit from strong economic growth in 2004, but that
growth is set to fall back next year.
Two of Europe's major retail chains, Carrefour and Metro, have
announced plans to expand their operations in China, while a third,
Tesco, is still on the hunt for a partner to enable it to enter the
Czech Republic brewer Budejovicky Budvar has claimed to have won a
legal victory over global beer giant Anheuser-Busch after it was
granted sole use of its trademark by a South Korean high court,
following an appeal.
Harbin, the leading Chinese brewery, has advised shareholders to
resist SABMiller's takeover bid for the company. The bid was
influenced by Ancheuser-Busch's 29 per cent acquisition of the
company earlier in the week. SABMiller...
The Philippines-based San Miguel Corporation has announced a
regional expansion programme in an effort to increase its market
share outside of the saturated domestic market it now clearly
dominates. In the next six months the food,...
Trade in food and beverage products is expected to grow
significantly on the back of an agreement made between China and
Vietnam which will end tariffs on nearly 500 seafood and
agricultural products during the course of the next...