M&A
Hershey mum on rumor of selling Chinese candy brand to COFCO
Hershey is rumored to be selling Golden Monkey to China’s state-owned food processing company COFCO as early as next month, but it has declined to comment on the speculation.
Archives for May 22, 2018
Lisaili abattoir trials Al Mawashi smart app delivery service during Ramadan
The Dubai Municipality has trialled the Al Mawashi smart application at its Lisaili abattoir, for meat to be delivered to customers during Ramadan.
Price sensitivity means APAC still lagging behind US and Europe over natural colours
The global trend for natural colours has been slower to catch on in APAC, where the market is still overwhelmingly driven by price, according to a senior executive at Arjuna.
Australia’s packaging crisis: Nestlé backs 2025 100% recyclable or reusable target
The Australian federal and state governments have recently set a target for all packaging in the country to be reusable, compostable or recyclable by 2025, but the question from various parties is, how exactly is that going to be realised?
Halal packaged food sales tipped for strong global growth thanks to APAC and Middle East markets
Indonesia and the UAE will drive growth in the global US$55bn halal packaged food and drinks market over the next five years, with China also performing strongly despite its minority Muslim population.