Investment

Dutch Lady Milk Industries Bhd aims to double its production in 2024 with the commencement of its new RM540 million (US$115 million) facility in Bandar Enstek which boasts of 8 …

Louis Dreyfus Company has partnered with Instanta Sp. z o.o. (Instanta) to form ILD Coffee Vietnam, a joint venture freeze-dried instant coffee facility located in Binh Duong province, Vietnam. It …

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) …

India’s largest bulk tea producer, McLeod Russel has decided to exit from its loss-making Vietnam venture. It has signed an agreement with a Vietnamese company for the sale of the …

BlueNalu, a global leader in the development of cell-cultured seafood, has enhanced its strategic partnerships with 3 multinational seafood industry leaders in the Asia Pacific region. It has entered into …

China will continue to remain as one of Fonterra’s largest market for its dairy products, and it has confirmed its plan, during the major CIIE exhibition, to continue investing in …

Entobel, a global leader in the production of functional insect protein for animal and plant nutrition, has  recently opened its new black soldier fly (BSF) production plant in Vietnam, the …

In November, Japan’s Marubeni Corporation acquired a minority stake in Asia Ingredients Group (AIG), a leading supplier of food ingredients and packaged food products in Vietnam, and became its strategic partner. …

Evonik has partnered with Shandong Vland Biotech (55:45) to form a joint venture (JV) in China focusing on gut health of farmed animals. The JV called Evonik Vland Biotech (Shandong) …

Energy drink producer, the Carabao Group is set to tap into Thailand’s Bt 260 billion (US$7.38 billion) beer market following the recent introduction of its Carabao and Tawandang beer brands. …

Chinese dairy firm, Junlebao has disclosed plan to acquire a 30% stake in a yogurt drinks chain in order to boost the company revenue. With the acquisition, Junlebao will become …

Just a few months after Kewpie announced its mayonnaise capacity expansion in Indonesia, its affiliate Kewpie Thailand is now planning to construct a new production facility called Kewpie Thailand Factory …

Thai President Foods Plc, the manufacturer of Mama instant noodles, has disclosed plan to invest more than Bt 2 billion (US$56.4 million) over a 3 year period to expand its …

Compawnion, an Indonesian pet health and nutrition company, has secured new funding led by East Ventures, a leading venture capital firm in Indonesia and Southeast Asia. The funding will be …

Malaysian dairy firm, Farm Fresh Berhad is eyeing several locations in Luzon to construct a US$20 million farm to breed cattle, according to report from the National Dairy Authority (NDA). …

Local food tech company, GoodMorning Global Group Holdings Berhad (GMG) has launched the country’s first dry mix complete nutrition plant-based meat on 16 November. Its WonderMeat product, which is primarily …

In end-October, Big Idea Ventures, a global leader investing in alternative protein and food technology, announced its first investments in Singapore’s New Protein Fund II accelerator companies. Five early-stage startups …

Swiss-based Evolva, a pioneer in the field of natural molecules and industrial biotech, and German-based Breko GmbH, a leading supplier of products for the food and beverage industry as well …

Monde Nissin is expanding its bakery facility in Davao City and it has engaged Aboitiz Construction for this major project. The project involves the construction of 9 ancillary structures and …

Bella Bulgaria (Bella), a supplier of meat cuts, sausages, salami, mince and ham, has entered into a US$72 million halal meat joint venture in Indonesia. Bella has signed a memorandum …