LATEST NEWS
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Kirin Holdings completes sale of 51% stake for US$160m to Myanmar Brewery Limited
MYANMAR – Kirin Holdings has finalized the sale of its 51% stake in its Myanmar joint venture Myanma Economic Holdings Public Company Limited (MEHPCL), to…
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South African FMCG company Avi Limited reports 7.2% half-year revenue rise boosted by price increase
SOUTH AFRICA – AVI Ltd, a Johannesburg-based FMCG company, has posted a 7.2% rise in revenue for the six months ended 31 December 2022 on…
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DMCC partners BSAF to boost agri commodities trade between UAE and South Asia
UAE – The Government of Dubai Authority on commodities trade and enterprise DMCC has partnered with India based agribusiness company Bharat Subcontinent Agri Foundation (BSAF)…
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African Development Bank to commit US$10 billion in 5 years to boost food security in Africa
AFRICA – The African Development Bank Group has pledged to invest US$10 billion over the next 5 years to support Africa’s hunger eradication and food…
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IFF launches cheese culture to mitigate undesirable flavours in cheese production
USA – International Flavours and Fragrances, IFF, has announced the launch of its culture component intended to assist cheese manufacturers in achieving consistent flavour and…