Singapore-based Petra Foods has reported first quarter profit gains in its branded consumer division driven by rising chocolate consumption in markets such as Indonesia and the Philippines and improved margins by introducing more premium products.
In the wake of the European Commission’s announcement that it will adopt a proposal to restrict the use of three pesticides belonging to the neonicotinoid family, rice research guru Bas Bouman has called for Asia to take different approaches, including...
FoodNavigator-Asia recently visited Indonesia's largest extraction facility, Javaplant, to look at how one of Asia's top 10 botanical, coffee and tea extractors produces products for export around the world.
Cargill has extended its sustainable cocoa program to Indonesia and plans to take preventative measure to turn ailing crops into high cocoa yielding money-spinners.
Snacks and soft drinks brand owners looking to build traction in Indonesia should target local convenience stores amid a soaring trend for young, wealthy consumers to socialise in this retail space, Euromonitor says.
Indonesia has ordered a strengthening of import controls over food and beverages imported into the country amongst calls from domestic players against rampant violations by importers.
A mature palm oil market and scarce land for expansion in Malaysia means Indonesia is set to underpin increased production due to its considerably younger profile, a Rabobank report suggests.
A US$15m strategic investment from Indonesian agribusiness group, Salim, will increase research and production capabilities and open new market doors for US algae technology firm Heliae.
Swiss flavour and fragrance giant, Firmenich, will be able to better serve Southeast Asia’s market as it will be closer to clients and consumers with its new flavour production facility in Indonesia, according to the company.
A Rabobank report released last week claims Indonesia will lead Southeast Asian growth over the next decade, based on global demand for key commodities and stable domestic needs.
India is engaging in rice diplomacy with Indonesia to whom it is willing to sell 500,000 tonnes of rice, but also wants the latter to cut its export tax on crude palm oil which is hurting Indian refineries.
Starbucks Coffee Company has announced an expansion plan throughout Asia to sell its Starbucks VIA Ready Brew, an instant coffee packet allowing consumers to make their own Starbucks coffee.
Indonesia is the focus of an extension of Nestlé’s sustainable Cocoa Plan initiative, with the Swiss food group aiming to pump $4m (€2.7m) into bean production in that country.
Cocoa bean exports were hit for the first time in four months as heavy rains damaged crops and disrupted transport, according to the Indonesian Cocoa Association.
Dutch infant nutrition group Numico is to increase its stake in
Indonesian company Sari Husada to capitalise on major growth in the
country for nutrition and health products.
In Indonesia Nestlé and Coca Cola have announced the creation of a 50:50 joint venture, Water Partners Bottling (WPB). The new business is being used as a platform to acquire a 65 per cent share of PT AdeS Alfindo Putrasetia (AAPS), the number two player...
A recent report from the Lund University in Sweden on the ongoing
invasion of the golden apple snail in southeast Asia claims that it
is now having a devastating ecological effect, something that will
continue to seriously farming...
