Forbes Medi-Tech has signed a three-year licence and supply agreement to grant Del Monte Pacific with exclusive rights to manufacture and sell food and beverages featuring the Reducol name across the Philippines, South Asia and Myanmar.
Carlsberg today formed a JV with a Burmese brewer to produce and market its brand portfolio, and told BeverageDaily.com the nation offered 'huge growth potential' in an under-penetrated beer category.
Dunkin' Donuts has announced that it has signed a franchise agreement to develop the brand in Vietnam. The move comes only shortly after coffee-and-baked-goods rival Starbucks revealed details of its own move into the South-east Asian country.
Coca-Cola Singapore Beverages (CCSB) is changing its business practices as the nation’s competition commission agreed to end a probe into allegations of restrictive provisions in soft drink supply agreements.
Researchers in Vietnam claim to have invented technology that can be used to mass-produce Gamma Oryzanol from rice bran at a far lower cost than by current techniques.
Struggling tobacco farmers in the northern Philippines have been thrown a lifeline by the government, which will soon open a multi-million dollar food processing plant in Ilocos Sur, along with a trading centre in the province.
Cargill has reported a more than 300% increase in year-over-year second quarter net earnings, from $100 in 2012 to $409 million in 2013. The only blemishs on the earnings report were lingering effects from the 2012 drought in the US and overcapacity...
Thai food major Charoen Pokphand Foods will continue to view Vietnam as one of its biggest investment destinations, and this year the company plans to focus on growing its food processing business in the country.
With Berg + Schmidt’s Indian deoiled lecithin plant in India now working to capacity, the lipid company has joined with its Volkmar Wywiol stablemate, Sternchemie, to invest in a Singapore plant for the production of pure soybean lecithin.
The Malaysian Palm Oil Board (MPOB) has sought to assure the market that almost all of its shipments of palm cooking oil to China have met the destination’s quality control specifications.
Australia’s director of animal and plant quarantine is expected to approve the import of fresh decrowned pineapple fruit from Malaysia. The decision based on consideration of a final risk analysis report for the import of the fruit from Malaysia.
After a decade of rising profits on the back of Chinese demand for coal and iron ore, Japan's two biggest biggest trading companies are shifting focus to food as bulk commodity prices and demand continue to wane.
The Philippines government has urged Filipino exporters to look for opportunities in India as a means to mitigate the current downturn in key markets like the United States and Europe.
Indonesia's bottled water market may be one of the most high valued markets in the world, but there are still plenty of opportunities for growth, new research from UK-based research firm Mintel said.
Coca-Cola FEMSA has sealed a deal to acquire a majority stake in the Coca-Cola Company’s Philippines bottling operation in Mexico City, and hailed an import milestone in its history.
Coca-Cola Amatil (CCA) has signed a deal to distribute Swedish cider Rekorderlig in Australia from January 2014, and said its sales and distribution strength would help consolidate the brand’s market-leading position.
Cambodia has inaugurated a food industry laboratory, built with Chinese aid, that sets out to assist food quality improvement, research and technology development.
The Philippine government has stated that the damage inflicted by typhoon Bopha to farmland in the south of the country will not adversely affect its food supply.
The chief executive of Danish chocolate and extruded whipping cake emulsifiers major Palsgaard has outlined the reasons behind the company's recent significant investment in the Asia-Pacific region.
It seems like the sale of Dole's worldwide packaged foods and Asia fresh business to Itochu is almost complete, following an announcement that the American fruit major's president will be joining Itochu to run the company's new acquisitions.
Vietnam is expected to export 7.7m tonnes of rice in 2012, setting a 20-year record high due to increased export orders in the last months in 2012, according to the Vietnam Food Association (VFA).
The French Senate rejected its so-called ‘Nutella tax’ on Thursday, which aimed to quadruple the tax on palm oil, a key ingredient in the hazelnut-chocolate spread.
A French politician’s calls for a “Nutella tax” have been met with anger in Malaysia. Central to the terms of the proposal, which will be voted on in Paris this week, lies a 300% duty increase on palm oil imports to the country.
In the wake of a major recall of toxic South Korean noodles from shelves across the country, food regulation authorities in the Philippines are now actively seeking to target imported products that do not contain English translations of ingredients on...
Singapore-based Petra Foods has posted sales and profit declines in the third quarter (Q3) as it complained of weak global demand for chocolate that halved profits in its cocoa ingredients division.
Cambodian villagers who claim they were illegally evicted from their land to make way for a sugar plantation that supplies American Sugar Refining (Domino Sugar), have filed a complaint with a US government office that handles alleged breaches of OECD...
With obesity and diabetes on the rise in Malaysia, the country has been working to bring together domestic scientists with their international counterparts and institutions in the hope of mitigating the problem.
It is vital for Vietnam to manage its production and distribution of dietary supplements if it plans to prevent potential threats to consumers, according to a senior government food health official.
The Vietnamese seafood industry is eyeing exports worth $10-10.5bn by 2020, according to a leading trade official, although judging by recent trends, this might be a difficult task.
Beverage major PepsiCo has taken a major step towards cracking the growing Vietnam market by signing a strategic agreement with Japanese beverage and wellness player Suntory.
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.
The prospect of lasting peace in the southern Philippines will make it easier for the government to boost agricultural production by 3.5% to 5% next year, a senior government official has revealed.
Independent Thai smallholders have become the first in the world to be RSPO-certified in a move that will significantly add to the global quantity of sustainable palm oil available on the market.
Two Belgian confectionary majors have announced a significant joint-venture that sets out to expand their combined presence and supply-chain in Vietnam and transform them into a regional 'powerhouse'.
The US Agency for International Development has entered into a partnership with the Indonesian Chamber of Commerce and Industry (Kadin) to help address food security and conservation.
On a visit to Cambodia, the UAE minister for foreign trade revealed that her government was considering pumping money into halal food production and rice milling in the Southeast Asian country.
Agribusiness companies from the Philippines, Myanmar and Thailand have formed a consortium to develop a Southeast Asian rice supply chain using the proprietary hybrid and premium rice technology.
Carlsberg has agreed a strategic partnership with Singha Corporation, and tells BeverageDaily.com it is confident the new venture will succeed where a previous Thai partnership with Chang Beverages failed amidst legal acrimony in 2005.
Chicken processors in Thailand will be forced to lower production over the coming years, according to a report from the USDA Global Agriculture Information Network.
A new report by a government agency in the Philippines has revealed, that in spite of increasing its food production capacity, the country still remains a net food importer, giving cheer to multinational players.
Indonesia’s premier food processing authority has come out strongly against a controversial plan that would make halal certification a must for the country’s entire food and beverage supply chain.
With indications suggesting that North Korea is in for a bleak harvest, Indonesia has announced it will send food aid worth US$2mn to the country in the hope of providing some relief.
