Saudi’s Savola Group has formed a joint venture with Thai Union Frozen, one of the world’s largest seafood processors, to bring new seafood products to the Middle East, targeting US$400m in sales.
IFC, a member of the World Bank Group, has signed an advisory services agreement with Stora Enso Lao Co. to help the company improve its social risk management in Lao People's Democratic Republic.
Packaged food and meat will gain most out of all food and agriculture (F&A) sectors as a result of Asean Economic Community (AEC) integration to outpace global growth.
While consumers have been curbing their intake of carbonated drinks in many markets, in Vietnam soft drinks consumption looks set to break the 1bn litres barrier this year.
Diageo hopes its non-alcoholic Guinness will improve fortunes in Indonesia, with the alcoholic beverage giant saying the beverage is addressing market trends in the country, and legislation which now bans the sale of beer in some stores.
The Norwegian national investment fund has cut ties with four major Asian companies, citing the risk of ‘severe environmental damage’ as a result of palm oil plantations.
Efacec has signed three contracts with PT Sinar Mas Agro Resources and Technology TBK (PT Smart TBK) in Surabaya, Indonesia, Lian Hock Hardware (Lian Hock) and a print and supply chain partner, in Singapore to expand its presence in South East Asia.
A combination of tocotrienols and alpha-tocopherol may help support endothelial function, but the effects were not observed when the tocotrienols were used alone, says a new study.
The food industry is missing a billion euro trick when it comes to ageing population, says Lauren Bandy, senior nutrition analyst at Euromonitor International.
Blendhub Corp. has set up its third Portable Powder Blending plant (PPB) in Mexico, after Spain and India, as it plans to open 40 factories in the next three years claiming processed food sales will reach $8trillion in 2016.
Osamu Corporation is recalling all of its frozen tuna sourced from one processing plant in Indonesia because samples have been found to be contaminated with Salmonella.
Growth for spirits lies in export markets such as China, India, Brazil and South East Asia as EU consumption slumps, says trade association spiritsEUROPE.
Barry Callebaut has announced it will establish a chocolate plant on the premises of Indonesian biscuit firm GarudaFood to supply it 10,000 metric tons of compound chocolate per year.
Consumers care about how products are produced and their environmental impact
Asia Pulp & Paper Group (APP) has announced an increase in the availability of PEFC (Programme for the Endorsement of Forest Certification) certified products, following certification in Indonesia.
Finnish food-agriculture giant Raisio has launched its cholesterol-lowering, plant stanol-based Benecol brand in China in a powder form via mostly medical channels in its big coastal cities.
With regional soymeal demand expected to grow by two-thirds in the next five years, investment in growing “South-South trade” is vital for shoring-up Southeast Asia’s feed supplies, says Rabobank.
The Food and Agriculture Organisation of the United Nations and commercial partner Ikea of Sweden will work together to promote forest certification schemes to develop more sustainable plantations in Vietnam.
By Annie-Rose Harrison-Dunn, reporting from Indonesia
Indonesia has ambitious plans to add value to its seaweed industry – but its success could depend on the outcome of an ongoing tug-of-war between industry and government.
Mondelez International is on track to meet its goal of sourcing 100% traceable palm oil by the end of the year after reaching 70% traceability in 2014, says global director of sustainability Jonathan Horrell.
Current weather patterns in Southeast Asia reinforce meteorologists’ belief that a strong El Niño is already taking place, but still the rice market is indifferent, says a leading rice researcher.
Anheuser-Busch InBev says Vietnam is the ‘next turning point’ for growth in Southeast Asia, as it officially opened its first brewery in the country yesterday.
Not long in office, Indonesian president Joko Widodo plans to grow rice production by 30% each year—a sum that is vitally necessary for the country to be self-sufficient in rice by 2017.
Reaching the goal of 100% Certified Sustainable Palm Oil (CSPO) in Europe by 2020 is a big challenge with significant barriers, says RSPO, but one that is ultimately achievable with company and national commitments.
Eurofins Scientific, the international environment testing company, has agreed to acquire a 65% stake in Sắc Ký Hải Đăng (EDC-HD), Vietnam’s biggest private food analysis laboratory.
Southeast Asia is heading for massive economic change with its ten-nation ASEAN single market and this could have ripple effects for the EU too, says expert.
International ingredients developer Ingredion has added a “sensory panel” of trained “super-tasters” to its development centre in Singapore, its second facility in Asia offering the service.
Austrian-based biscuit firm Josef Manner is considering marking its entry into Asia by entering Indonesia, where there is already an established wafer market.
Asia is poised to help meet rising demand for cocoa, but its key producer Indonesia faces quality concerns and its government lacks incentive to grow the sector.
The Masan Group has a acquired a 52% and 70% equity interest in Vietnam French Cattle Feed JSC – Proconco – and Agro Nutrition Company JSC – Anco – respectively - a deal which makes it the second leading animal feed producer in Vietnam.
