WORLD NEWS
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World’s largest high-rise pig farm constructed in China to address insatiable demand for pork
CHINA –A 26-storey high-rise pig farm worth ¥4 billion (US$590M) has been constructed on the outskirts of Ezhou, a city in Hubei province, China. The…
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2 Sisters to cease operations in Llangefni factory deeming it unsustainable
UK – 2 Sisters, a privately owned food manufacturing company headquartered in Birmingham, has announced plans to close its Llangefni factory after a recent unfavourable…
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Coca-Cola Al Ahlia Beverages, Emerge invest in construction of 1.8MWp solar photovoltaic plant
UAE – Coca-Cola Al Ahlia Beverages, Coca-Cola’s bottler and distributor in the UAE, has signed a joint investment agreement with Emerge to construct a 1.8-megawatt…
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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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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)…