The good news: Around 15% of global palm oil produced in the past year was certified by the Round Table on Sustainable Palm Oil (RSPO). The bad news: Only half of it earned a premium, which doesn’t sound like a great recipe for inspiring more producers...
Asian agri giant and Kellogg’s joint venture partner Wilmar International has defended its palm oil operations and insisted it remains undaunted by the challenge of ensuring a sustainable supply chain.
The statutory agency for Australia and New Zealand has invited submissions on an application to change the countries’ Food Standards Code to allow food derived from a genetically modified soybean. The closing date for submissions is August 23.
ASR Group-owned Tate & Lyle Sugars is considering legal action against The Guardian newspaper over a story published this week accusing the sugar giant of working with a Cambodian supplier that employed child labour among other human right abuses.
Kellogg says it takes palm oil sourcing extremely seriously and is defending its joint venture with Wilmar International after accusations that the Asian agri giant is involved in illegal palm oil activities.
Indian consumers have universally steered towards healthier breakfast options over the last decade and oat cereals have far outpaced other choices, Nielsen research shows.
Five RSPO-certified palm oil producers accused of contributing to Indonesian forest fires have submitted digital images of their plantations in an effort to clear their names – and the RSPO has commended them for fast action.
The third largest palm oil producer in the world, Thailand has now joined a select group of nations that supply certified sustainable palm oil (SCPO), with a first consignment ready for export to Europe.
A newly signed economic agreement between New Zealand and Taiwan will see the elimination of tariffs between the two countries, initially covering Kiwi exports worth around NZ$450m (US$356m).
Ready meals will continue to lead the prepared meals market in China, but pizza is expected to show the fastest growth up to 2017, according to a new report by Canadean.
In the midst of an investigation into the pricing practices employed by it and other infant formula manufacturers in China, Biostime has admitted that the terms of its agreements with distributors “may” have broken anti-trust laws.
Kellogg has pulled LCMs and Coco Pops television adverts in Australia after the Advertising Standards Bureau (ASB) upheld a complaint from the Obesity Policy Coalition (OPC) that the marketing irresponsibly promoted high sugar products to children.
Researchers hope that a novel US patented beverage using seaweed juice could be sold as a ‘brain booster’ and an affordable health drink for Indian consumers and others worldwide.
Nestlé says its newly opened $238m soluble coffee factory in Vietnam will meet growing demand in the region, and will allow it to better adapt products to local preferences.
Only six months ago, Thai policymakers remained unruffled by their controversial populist policy, which had at the time just marked its first anniversary.
Nestlé Malaysia has broken ground on a new plant on the outskirts of Kuala Lumpur that it expects will double its local ready-to-drink production capacity by the time it opens in May next year.
An extract of kiwifruit containing Zyactinase called Kivia may enhance bowel movement frequency and improve other symptoms of occasional constipation, say new data from a randomized clinical trial.
Dumex – Danone’s infant nutrition business in Asia – has announced plans to reduce the price of its infant formula products in China by up to 20% in response to an investigation into its and other manufacturers’ pricing practices in the country.
Mondelez International says its first training center for coffee farmers to promote sustainability and entrepreneurship, in Vietnam, will help it meet a 100% sustainable sourcing goal in Western Europe.
Chinese authorities have opened an investigation into international packaging giant Tetra Pak over suspicions that it had abused its dominant market role in the country. This makes Tetra Pak the latest multinational company to be targeted by regulators.
In a massive recruitment drive ahead of the enactment of the Food Security Law, the Food Corporation of India is in the process of appointing more than 11,000 new staff, including hundreds in managerial positions.
Australian food and grocery suppliers saw their profitability drop by 28% between 2010 and 2012, according to a report from he Australian Food and Grocery Council.
Gruppo Campari tells BeverageDaily.com that Australia is an historical heartland for spirit-based RTDs as it targets Asia Pacific growth by buying its first dedicated production facilities in the country.
Fonterra has been “contacted” by Chinese authorities investigating high infant formula pricing and suspected anti-monopoly law violation by manufacturers, including Nestlé and Danone, in the country.
Private equity investor India Value Fund Advisors has revealed it will invest US$40m to finance the next phase of growth of a domestic food ingredients company – the latest in a line of QSR suppliers to catch the eye of buyout firms.
Following record opening prices for this year’s Australian dairy season, Devondale has piled on the good news by announcing the construction of a major new milk processing facility in Sydney’s western suburbs worth A$60m.
More New Zealand consumers drank Tui beer over an average four-week period than any other brand bar Heineken, despite the former’s relatively poor taste performance, says Roy Morgan Research.
In a time of regional regulatory change affecting more than 100 countries, the International Association of Dietary Supplement Associations (IADSA) has emphasised the importance of global guideline setting organisation, Codex Alimentarius, which turns...
SoHo Flordis International, an Australian/Indonesian natural medicines company, has acquired two companies in the space, ProThera, based in Reno, NV and Swiss company Ginsana.
Fonterra has announced plans to plough NZ$27m ($21m) into the development of a new dry store distribution centre at its Te Rapa processing facility in the Waikato region of New Zealand.
Thermo Fisher Scientific has invested $9.5m in its China Innovation Center to support growing R&D organization, which is expected to add 200 to 300 engineers during the next two to three years.
Amid headlines of foreign takeovers and the strong Aussie dollar sending companies into insolvency, there is some good news now for a well-loved company that has finally battled through administration into profitability.
GlaxoSmithKline’s (GSK’s) brands Lucozade and Ribena are tempting targets for Far Eastern trade players such as Suntory Holdings that wish to establish a bridgehead in the UK, says an M&A expert.
The head of the Tea Board of India has launched a scathing attack on the nation’s growers ahead of the implementation of new regulations that go into force later this month.
Now the ACCC, Australia’s anti-trust commission, has given the green light to ADM’s proposed acquisition of GrainCorp, foreign interests will control all major grain handling facilities and grain ports in Queensland, New South Wales, South Australia and...
GrainCorp’s board of directors has recommended that its shareholders accept the A$3.4bn (US$3.16bn) takeover bid from Archer Daniel Midland in the absence of a superior offer.
A Western Australia dairy processor, Harvey Fresh, has called for government investment in the state’s freight networks for reliable access to booming Asian consumer markets.
Much is made of New Zealand’s trade ties with China, but now a Kiwi dairy biotechnology company is now looking to break into Japan with its patented milk protein ingredients.
Manufacturers and industry groups have slammed an Australian consumer watchdog’s assertion that nutritional claims on the packs of some liquid breakfasts are “shonky”.
ALL INTERNATIONAL BREWERS FACE SAME THREAT: HEINEKEN
Heineken insists it is ‘absolutely on top’ of the counterfeiting issues that can appear in emerging markets, after a Vietnamese gang producing fake Tiger and Heineken was busted last week.
Carlsberg tells BeverageDaily.com that Indian consumers expect ‘bang for buck’ with higher alcohol beers, as it launches the world’s first fruit-flavored strong beer tailored to the nation’s tastes, Tuborg Booster Strong.
The Roundtable on Sustainable Palm Oil (RSPO) has given five of its Indonesian members 48 hours to submit satellite images of their plantations, as evidence that they are not responsible for the forest fires that have engulfed several South East Asian...
An Australian consumer rights watchdog has branded liquid breakfasts’ nutritional claims as “dodgy” and “shonky” following an investigation into 23 brands.
