Thai Coconut Public Company Limited has announced its ambitious plan to become a global leader in beverage innovation. The company aims to drive sustainable growth through strategic product portfolio expansion …
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Thai Glico has made the decision to cease the sale of its ice cream products in Thailand by late 2025. The decision was finally made after strategic considerations looking at …
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Acecook Vietnam, the country’s leading instant noodle producer, has unveiled its new development strategy in July with the theme ‘Cook Happiness Through Innovation’ marking a strategic step towards expansion and …
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Pioneer in Vietnam’s instant noodle scene sees market share plunged from 20% to 2%
- VIETNAMOne of the pioneers in Vietnam’s instant noodle market, Colusa-Miliket Foodstuff JSC, the producer of the iconic ‘two-shrimp’ noodle brand, has witnessed its market share dwindling from 20% in 2006 …
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Thailand’s food conglomerate Charoen Pokphand Group is acquiring the remaining shares in C.P Pokphand from Japan’s Itochu Corp, making it the sole owner of the livestock, aquafeed and packaged-food group. …
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Mengniu orders the sale of Brownes Dairy, Western Australia’s largest milk producer
- AUSTRALASIABrownes Dairy, one of the oldest dairy companies, and also the largest milk producer in Western Australia (WA), has been put up for sale after its biggest lender, China’s Mengniu …
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Earlier on, YLF Group Marketing, the producer of Pikin plum candies had announced its decision to withdraw from IPO listing in Singapore, blaming it on the tough market conditions brought …
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Global food conglomerate, Food Empire Holdings is looking at increasing its production capacity to drive growth in the medium-term. Its snack-production facility in Malaysia is poised to expand by first …
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Chuong Duong Beverages JSC, the Vietnamese producer of ‘Chuong Duong’ soft drinks, has reported its 5th straight year of losses, with a net loss of over Dong 65.5 billion (US$2.5 …
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Taiwan-based food seasoning producer, Vedan has recorded a 4% dip in sales revenue in 2024 to US$166 million in Vietnam. Despite this, Vietnam remained its largest market accounting for 43.7% of its …
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Fraser & Neave Holdings Bhd (F&N) is optimistic about breaking even within 3-5 years for its RM1.8 billion (US$416.4 million) AgriValley integrated dairy farm in Gemas, Negri Sembilan, as it …
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Liuliu Orchard Group Co. Ltd has recently applied for listing in Hong Kong as its profit rose 50% in 2024 to Rmb 148 million (US$20.6 million), a large sum considering …
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China’s leading coconut water seller, If, is applying for a listing in Hong Kong as it doubled its profit in 2024. Based on a value adjustment mechanism agreement, If has …
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Malaysia-based Sirehemas Pharma Sdn Bhd (Sirehemas), in collaboration with Japan-based Euglena Co Ltd (Euglena), had unveiled plan to to sell more than 236,000 units of its latest health products namely Euglena …
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Monde Nissin to book US$126 million writedown for ‘Quorn’ meat alternative business
- PHILIPPINESMonde Nissin, the leading producer of instant noodle in the Philippines, is set to book up to £100 million (US$126 million) in impairment charges in 2024 for its loss-making alternative …
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Farm Fresh Bhd is optimistic of strong growth in 2025, particularly for its ice cream business. Its Group Managing Director and CEO Loi Tuan Ee said, “Demand for our products …
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Leading brewery, Anheuser-Busch InBev (AB InBev) is still optimistic of the prospect of ‘premiumisation’ for beer sales in China despite reporting poor performance in the 4th quarter 2024. In its …
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Infant milk companies in China are set to benefit from an improvement in birth rates in the country, according to a Barclays report. Mainland China saw its birth rate rose …
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Mixue Group, a bubble tea producer, has seen its shares surged over 47% after its IPO debut in HK, leading to its extraordinary market valuation of US$140.8 billion. Mixue has …
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Saigon Beer – Alcohol – Beverage Corporation, or better known as SABECO, is facing mounting challenges due to the impact of Decree 100 and stringent penalties for drink driving. A …
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Vietnam’s processed meat producer, Masan MeatLife Corporation aims to boost its revenue by 8-14% to reach approximately Dong 8.75 trillion (US$341 million) in 2025. This is in line with the …