Investment

Korean based RE:Harvest is considering of exporting its upcycling technology as it is one of the pioneers globally to scale-up food upcycling at a commercial level, according to Alex Min, …

Nestle Professional, a global leader in the food and beverage (F&B) industry, has unveiled its latest initiative aimed at transforming the way it engages with food-service operators. The newly inaugurated Customer …

China’s Lotus Health Industry Group, an MSG seasoning producer, has revealed plan to acquire a 50% stake in a Malaysian producer as part of its global expansion strategy. Lotus Health …

Hiroshima-based Otafuku Sauce has recently announced in late-2023 that its Malaysian affiliate,  Otafuku Sauce had started the construction of a new plant at an investment of Yen 1.5 billion (US$10.35 …

Apollo Food Holdings, a Malaysia-based chocolate confectionery and layer cake maker, has recently been acquired by Scoop Capital. Scoop purchased a controlling stake (51.3%) in Apollo from local investor Keynote …

Carlsberg Brewery Malaysia (Carlsberg) has announced a significant milestone in its business operations in Malaysia and Singapore. It has entered a Licence and Distributorship Agreement with Japanese-based Sapporo Breweries Limited …

In January this year, Nestle announced an additional US$100 million into Nestle’s Tri An factory in the southern province of Dong Nai. This will raise the total investment in the …

The local authority of Ha Nam province, in northern Vietnam, has issued an investment registration certificate to Pepsico Foods Vietnam Company, allowing it to build a snack production plant at …

Major Vietnamese food company, Kido has recently launched 4 products in the domestic fish sauce and seasonings sector to take advantage of the booming industry, which in 2022 was worth …

Ito En will establish a subsidiary, Ito En Vietnam, on 1 April 2024 with a capital of Dong 24 billion (approximately US$1 million). Its Singapore subsidiary will hold 100% stake …

Nongfu Spring has announced plan to invest Rmb 5 billion (US$700 million) in a bottled water plant project near Chengnan New District near Jiande City, East China. The new 66-hectares …

Swiss chocolate brand Laderach has embarked on a global market expansion, eyeing a sweet spot in China as it develops new products catering specifically for Chinese tastes. According to CEO …

Suntory Beverage & Food (SBF) is disposing its stake (75%) in Indonesian non-alcoholic beverage joint-venture (JV) business to PT Garudafood Putra Putri Jaya Tbk. The JV called Suntory Garuda Beverage …

Indonesian quick commerce startup, Dropezy has expanded into the poultry downstream industry and rebranded to Sekilo. Motivated by a commitment to address evolving market demands and capitalize on emerging opportunities, …

S. Khonkaen Foods Plc, Thailand-based producer and distributor of processed meat and seafood products, has set aside Bt 300 million (US$8.6 million) in 2024 to automate its production as it …

Thai Preserved Food Factory Co, the producer of Wai Wai instant noodles, is planning to diversify into functional and premium foods, as it aims to ensure sustainability of its business …

Singapore-based cultivated meat startup, Meatiply has successfully raised US$3.75 million in the first close of its seed funding round. Meatiply, in a statement, said that the round is co-led by …

Life3 Biotech (Life3), a Singaporean food-tech startup transforming the global food production system through innovative food-biotechnology solutions and Union Solar, a solar energy system developer, have recently announced the official …

A cooperation agreement was recently signed by a Singaporean firm, with the assistance of the Embassy of Uzbekistan in Singapore, to create a mega plant and distribution hub in the …

Ting Li Development, the investment arm of Ting Hsin International Group, which controls around 35% of China’s instant food and beverage (F&B) market, has recently partnered with Singapore-based startup, Alchemy Foodtech  in a …

ThaiBev, the Singapore-listed food and beverage company, has unveiled a massive investment plan of Bt 7 billion (US$200 million). ThaiBev’s CEO, Thapana Sirivadhanabhakdi, revealed that Bt 4 billion (US$114 million) …