Company

Thai Beverage PCL (ThaiBev) is planning to delist Oishi Group from Thailand’s stock exchange after it acquired a majority stake (98.5%) in the business. Oishi is involved in the production, …

ZJLD Group, Hong Kong’s first listed producer of baijiu, the traditional alcoholic drink, is betting on its niche products to grow market share in China as it seeks to compete …

CPRAM Co, affiliated to the giant food conglomerate, Charoen Pokphand Group, is projecting a 10% growth in sales this year to Bt 27.5 billion (US$3.8 billion). CPRAM President Wisade Wisidwinyoo …

ndonesian palm oil producer, PalmCo is hoping to raise US$500 million via IPO planned in the fourth quarter of 2023. PalmCo is a unit of state agricultural group Perkebunan Nusantara …

In 2016, when Jim Snee took over as CEO of US-based Hormel Foods, the company has also adopted a new positioning as a ‘Global Branded Food Company’ with the goal …

As Kirin is increasingly focused on Nutrition, it has recently made its move by offering US$1.85 billion for a stake in Australian-based vitamin supplier, Blackmores. Kirin considers now as the …

Fraser and Neave Holdings Bhd (F&N), the manufacturer of soft drinks, dairy and food products, anticipates better growth for the 2nd half of 2023, underpinned by strong domestic demand in …

The recent arrest of Tran Quy Thanh, Chairman of Tan Hiep Phat, Vietnam’s largest beverage producer, and his 2 daughters, is expected to lead to changes in the domestic beverage …

Leading integrated agro-industrial and food company in Thailand, Betagro PCL has recently unveiled 4 strategic plans to meet domestic demand and the growth of international markets. Its CEO Vasit Taepaisitphongse …

Monde Nissin Corp. has recently disclosed that its core net income fell by more than 11% to Pesos 1.87 billion (US$33.6 million) due to the weak performance of its alternative …

Kraft Heinz attributes food services and emerging markets to fuel its growth in the 2nd quarter 2023. Sales to restaurants, bars and other institutions grew 30% in the first 3 …

Swiss-based food conglomerate, Nestle is set to close its factory and head office in Yangon, Myanmar. Previously, the factory distributed brands such as Milo, Nescafe and Maggi noodles for the …

With effect from June 2023, Morinaga Le May Vietnam, which imports and sell baby milk powder in Vietnam, will turn into a subsidiary unit of Morinaga Milk Industry. Morinaga Milk …

Malaysian pet food manufacturer, Pet World Nutritions is eyeing an initial public offering (IPO) in Singapore to raise up to US$100 million, in what could be the biggest IPO in …

Nestle (Malaysia) Bhd has confirmed its 100% acquisition of Wyeth Nutrition (M) Sdn Bhd for RM165 million (US$36.8 million). Nestle Malaysia said the acquisition from Wyeth (Hong Kong) Holding Company …

Malaysia’s 2nd largest flour miller, Malayan Flour Mills Bhd (MFM), is aiming to become a major regional food producer. In 1983, it diversified into the poultry industry in 1983 and …

Pilmico and Gold Coin Group (Pilmico), the food and agribusiness subsidiary of the Aboitiz Group, said the expansion of its pet food line has allowed the company to boost its …

Singapore-based company, QN Wellness has truly benefited from the growing consumer crave for nutritional foods derived from plants. QN Wellness has indeed made a name for itself with Bone Essentials. …

Orion Corp., the world-renown producer of ChocoPie, is set to post solid sales performance in South Korea, Vietnam and Russia markets in 2023. However, in China, it is not expected …

TH Group, the brand owner for TH true MILK, had an impressive 2022 with many awards and sustainable achievement, on top of it retaining market leadership in the fresh milk …

Chinese cola-flavor beverage brand, Tianfu Cola has recently denied allegations that it has filed for bankruptcy, after demand for its drinks skyrocketed amid this alarming news. Tianfu Cola clarified that …