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In what was once considered as one of the few bright spots in the beer industry, Myanmar has now become a landmine for beer players due to the ongoing protests and global condemnation against the military coup.

Japan’s Kirin Holdings ...

After a dismal performance in the 1st half of 2020, Yeo Hiap Seng (YHS) continues to record losses at the tune of S$3.3 million (US$2.45 million) for the 2nd half 2020. This brings YHS total full year loss at ...

Seafood giant, Thai Union (TU) has benefited tremendously from growing demand for canned seafood as well as the trend for home cooking during the pandemic.

Ambient or shelf-stable seafood sales grew 8.8% in the final quarter of 2020 which helps ...

Nestle (Thai) Ltd is set to capitalise on Thailand’s growing Bt 900 million (US$29.3 million) plant-based food industry with the launch of its plant-based food products in March this year.

Cruawan Varunpaichit, Business Officer at Food and Nestle Professional, Nestle ...

Kawan Food Bhd is one of several food companies in Malaysia that had enjoyed brisk sales resulting from the  Movement Control Order (MCO) restrictions during the pandemic, which spruced up demand for their products as most consumers stayed and ...

Major producer of canned tuna products, Century Pacific Food Inc (Century), has redesigned its flagship tuna manufacturing plant in General Santos City to adopt environmental-friendly technology so as to conserve up to 30% of its usual water consumption.

Century’s manufacturing ...

UK-based Reckitt Benckiser is planning for a strategic review of its baby formula business in Greater China, 4 years after the unit was acquired from Enfamil infant formula manufacturer, Mead Johnson in 2017 for US$17.9 billion. This was announced ...

Treasury Wine Estates (TWE) is looking into a possible 3-way split of its global operations to create a stand-alone US business, a premium winemaker called Treasury Premium Products and a commercial wine company, splintering more than A$7 billion (US$5.4 ...

Unilever, one of the world’s largest FMCG companies, is now betting on the huge growth for plant-based food, which is identified by the group as one of its key growth areas.

In addition, it plans to accelerate its expansion into ...

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