Swiss firm Nestle ranks second in terms of innovation targeted at Asia's emerging markets, claims a fresh 'business vitality' index from the Global Intelligence Alliance Group (GIA).
The impact of last year’s contamination of certain Chinese dairy products with the industrial chemical melamine continues to be felt across the industry with new research suggesting global interest in milk-based drinks has slowed.
Symrise today inaugurated a new pilot plant for flavour encapsulation at its Singapore facility, which the company says is one more step in its expansion in the region.
Swiss chocolate company Barry Callebaut is to purchase a 60 per
cent share of Malaysia's KL Kepong Cocoa Products in a move
designed to increase its sourcing capacity in Asia.
Sterling Biotech has emerged as the world's second largest gelatine
producer after making its first international foray to acquire the
gelatine manufacturing facility of Chinese firm China Gelatin.
Malaysia's largest soft drinks maker Fraser & Neave Holdings
says it will treble its exports sales in the next two years by
entering the Middle East's condensed milk market.
One of Asia's biggest food retailers, Dairy Farm, has this week
announced strong sales growth for 2004 helped by the recovery of
many local economies and a raft of recent acquisitions. But
increasing competition from European...
After a week of denials and perhaps months of cover-ups, Thailand
has finally admitted that it has been hit by Avian 'flu, the
poultry virus that has ravaged other parts of East Asia. A Thai
minister told reporters that two boys...
In a move guaranteed to fuel further speculation that Thailand is
covering up cases of Avian 'flu, Japan today suspended poultry
imports from the south east Asian nation. The country continues to
deny that it is covering up cases...