UAE-based ride-hailing and food delivery company Careem, which recently launched its grocery delivery service (Careem Shops) has revealed about 40% of its 33 million users are now on the new service.
US-based Frontier Nutrition, a company manufacturing and marketing fortified snacks in Bangladesh, has secured a US$900,000 bridge financing led by DSM Venturing to expand its product line and distribution footprint in Bangladesh.
The Indonesian government is urging its local food and beverage industry to embrace digital advancement and shift towards the use of local raw ingredients for manufacturing as part of the national Making Industry 4.0 industrial strategy.
New Zealand alternative protein firm Sustainable Foods is planning a 2021 launch for its hemp-based meat analogues, which will be made will locally-grown hemp and processed using a private hydroelectric power plant.
The United Kingdom’s intention to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) would greatly benefit food trade for APAC countries – but many hurdles lie ahead, according to expert analysis.
The Asia Pacific savoury snack sector has undergone significant transformation over the past few years, with healthier, better-for-you options as well as localised flavours and ingredients gaining more momentum over traditional deep-fried and extruded...
Australian blockchain firm Two Hands has developed a platform removing all middle men along the supply chain between food producers and end-users, which it believes can also be applied to smoothen meat and seafood exports to China by ‘pre-authenticating’...
The New Zealand seafood industry is positive that its shellfish trade with China and Hong Kong is on the way back up despite taking a hit in recent weeks due to a slew of toxin warnings.
Nestle Japan’s new KITKAT Snax – which was launched alongside its first officially-approved craft beer - is not targeted solely at alcohol-drinking adults, but for all consumers looking for a sweet and salty snack, the firm has clarified.
Charoen Pokphand (CP) Group’s substantial investment in technological innovations and upgrades to its food production facilities under food arm CP Foods were what ensured its continued smooth operations through the COVID-19 pandemic, CP Group’s US Business...
Diageo will acquire Aviation American Gin, which is co-owned by actor Ryan Reynolds, through the acquisition of Aviation Gin LLC and Davos Brands LLC in a $610m deal.
Palm oil trade between Malaysia and India has moved back on track with the latter running low on local stock and the former relaxing export tariffs as both countries move to repair a trade relationship wrecked by previous political clashing.
CP Foods, the food arm of Thai conglomerate Charoen Pokphand (CP) Group, believes that its major acquisitions over the past two years has put it in a good position to conquer major pork markets in both North America and Asia, CP Group’s US Business Chairman...
Japan has by banning the use of the terms ‘artificial’ and ‘synthetic’ to describe food additives on all food and beverage labels after consumer research found they were causing consumers to shun such products.
