Archives for March 10, 2005

← 2005

Indofood hit by currency devaluation

Indofood, Indonesia's biggest food company, has reported 2004 profits severely hit by the devaluation of the rupiah, but remains hopeful of an upturn in 2005 following efforts to reduce its exposure to exchange rates and the spin off of one of its...

Price rises attracting investors to China

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.