New confectionery products and strong demand for beverages lifted
sales at Taiwan's Want Want Holdings by 28 per cent during the
first quarter, while higher margins helped it reduce the impact of
rising sugar prices.
Philippines-based Universal Robina will spend P5.6 billion (€87m)
this year to expand its branded foods range and increase its
presence in other Asian markets, URC president Lance Gokongwei told
reporters last week.
EU Trade Commissioner Peter Mandelson has backed calls for a joint
feasibility study, which will look at ways of achieving the
European Commission's desire for closer trading links with the
Association of Southeast Asian Nations...
Indonesia's largest noodle producer Indofood Sukses Makmur has
joined forces with the world's biggest food company Nestlé to
create a new joint venture which will expand production and
marketing of the two firms' various...
Although new EU regulations could bring increasing opportunities
for Asian food companies, many European businesses see it as a
threat. But whilst Hungarian food canning companies say their
future existence could be threatened, manufacturers...