Channels for UK food industry funding for environmental projects could be improved, according to Andrew Kuyk, director of the Food and Drink Federation’s (FDF’s) sustainability and competitiveness division.
New regulations will make India’s health supplements market far more attractive for foreign investors, the International Alliance of Dietary/Food Supplements (IADSA) has said.
Australia’s food and grocery sector desperately needs greater regulation in the retail sector and more transparency around foreign direct investment, Australian industry executives said in a new survey.
Thai sugar company, Mitr Phol, has secured a majority stake of 57.69% in Australian sugar mill MSF for A$300m, racking up the total foreign investment in Australia’s sugar production to over 60%.
Alarmed at the various adulteration surveys that have revealed potentially dangerous food safety issues, the Indian government has decided to go the whole way in ensuring food safety in the country.
Under pressure from coalition allies as well as the opposition parties, India's government has put on hold its landmark decision to open up the country’s retail sector to multinationals.
The Asian food market has seen value growth but a volume slowdown and manufacturers need to be innovative to succeed in driving development of the sector amid an economic downturn, according to industry report.
A German fund is buying up acres of New Zealand farm land meant for dairying, saying that its is extremely bullish on that sector in the country, thanks to the spiking demand from developing economies.
Nestlé is investing a total of $320m in expansion projects in Indonesia and Thailand in an effort to target health conscious consumers in Asia, the company said.
The Indian food retail sector may see an upswing in the very near future after a government panel agreed to recommend a policy change that will see foreign companies such as Tesco and Walmart be able to sell to Indian consumers.
The food processing industry in India will be forced to adopt new technologies and improve their productivity if the foreign direct investment into multi-brand retail is allowed.
Nestlé and General Mills’ joint venture Cereal Partners Worldwide (CPW) is investing €27m in a new Malaysian factory to enable the local production of Nestlé breakfast cereals in the country for the first time.
International Flavors and Fragrances (IFF) has said it plans to invest $100m in two new flavor facilities in Asia over the next three years, responding to increasing demand from Asian food manufacturers.
A $1bn food processing investment is being planned for Thailand by the Chinese venture management firm China Science and Merchants Investment Management Company.
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).
A possible move by the Chinese government to repeal tax incentives
for foreign investors could prove a massive setback to the
country's food industry, warns an expert on Asian affairs.
China is becoming an increasingly potent force in the worlds food
market, with sales continuing to grow each year in line with
substantial gains in consumer spending power, writes Chris
Jones.
