News & Analysis on Food & Beverage Development & Technology
The Japanese Ministry of Agriculture, Forestry and Fisheries (MAFF) will be focusing on wagyu and rice as two of the major export items to boost via a newly-announced bureau that is expected to be set up next year.
Alibaba’s new purchase of a US$3.6bn controlling stake in China hypermarket major Sun Art Retail Group is likely to create a large shift in supplier-distributor dynamics locally – with one analyst predicting it will be brands which may lose out.
Heineken is acquiring Strongbow from Asahi in Australia, after the Japanese firm was forced to sell the cider brand by competition chiefs as part of its deal to buy Carlton & United Breweries (CUB).