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Tiga Pilar Sejahtera undergoing tough times after Rice Scandal  
A recent annual shareholders meeting organised by publicly-listed Tiga Pilar Sejahtera Food (Tiga Pilar) turned chaotic as conflict arose among its board of commissioners, directors ...
 
Consolidation of 2 major F&B giants in the Philippines  
In the Philippines, we witnessed the consolidation of 2 major food and beverage giants in the country in recent months, signifying that the F&B industry ...
 
Hershey disposed stake in poor-performing Chinese candy manufacturer  
Hershey has recently disposed its stake in Chinese candy subsidiary, Shanghai Golden Monkey after 4 years of challenging period running this company.
The US confectioner has ...
 
Localising production in China saves Celsius from Trade War damages  
Localising production in China has somewhat insulated fast growing energy drink brand, Celsius from any potential fallout caused by the US, China trade war.
Celsius ...
 
Carlsberg raised its profit outlook due to exuberance in China market  
Carlsberg recently raised its full year profit outlook after its 2nd quarter sales beat forecast due to brisk sales of its premium beers in China ...
 
Meiji to report its first profit in China milk market  
Japan’s Meiji Holdings is set to report its first profit from its refrigerated milk business in mainland China in the current financial year.
In Shanghai, ...
 
Thai Union to miss its 2018 sales growth target  
Thailand’s largest seafood processor, Thai Union Plc (TU), which is also the world’s largest exporter of canned and frozen tuna, is projected to miss its ...
 
Del Monte reported struggling Banana Business  
US-based Fresh Del Monte Produce, often associated closely with bananas under the well-known Del Monte trademark, reported that its banana business is struggling due to ...
 
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