WORLD NEWS
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Asia-focused delivery platform Foodpanda committed to Myanmar expansion despite of uncertainties
THAILAND – Asia-focused delivery platform Foodpanda has reiterated its plans to expand its grocery offerings in Myanmar, despite the uncertainty occasioned by a military coup.…
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Consumer shift towards smaller brands deny big food companies sales worth US$12B in 2020 – IRI
GLOBAL – Small consumer brands are the new thorn in the flesh of big food companies, causing them to lose US$12.1 billion in sales in…
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Delhi’s new excise policy recommendation may result in restrictive trade practices – Liquor manufacturers
INDIA – Leading liquor manufacturers in the Indian state of New Delhi have raised objections to the state government’s new excise policy recommendations and warned…
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Tata Coffee’s profits up 20% as parent company eyes acquisition of maker of Soulfull cereals
INDIA – Tata Coffee, one of the largest integrated Coffee cultivation and processing companies in the world, has reported a 20% rise in net profit…
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Kerry acquires China’s Jining Nature Group to expand its savoury offering in Asia Pacific
CHINA – Irish global flavour and ingredients company Kerry has acquired China’s Jining Nature Group, as it looks to expand its savoury offering in the…