Food & Beverage
Asia Pacific Breweries profit up 65% to S$261mln
Asia Pacific Breweries profit up 65% to S$261mln
Revenue grew 26% to S$2.5bln as the group attributes growth to IndoChina region’s contribution, accounting for 48% APB’s PBIT.
Munchy's – Advancing Frontiers
Armed with a savvy workforce, a plethora of delectable merchandise, and a bit of guts and novelty, a Malaysian biscuit brand is grabbing a bigger...
Korean food franchises ventures in Singapore market
Korea Franchise Association participates at FLAsia 2010 to showcase Korean food franchise brands.
Etika acquires 70% of Indonesian instant noodle manufacturer and distributor
Company completed S$3.5mln purchase expected to bring in new revenue stream and stronger foothold in Indonesia.
Etika acquires Malaysia's Family Bakery for S$8mln
Bakery business poised to drive growth by becoming leader in regional F&B group.
Olam declares offer for NZ Farming Systems unconditional
Company upholds its strategy that includes participation in dairy farming in low cost origins.
Olam to turn to shareholders for raising capital
Move to replenish capital if it gains majority stake of NZFSU.
APB builds new packaging facility in Vietnam
Improved capabilities and continued investments to augment company’s S$130mln profit in IndoChina region.
China Minzhong increases profit by 27.6%
The food manufacturing group enjoyed higher sales in processed products and fresh vegetables for the year ending 30 June 2010.
Olam International to establish Cote d'Ivoire cocoa site
S$58.7mln plant will process 60,000 metric tonnes of cocoa beans into cocoa liquor, butter and cake.
Asia Pacific Breweries profit rises 61% to $384mln
Except for $1.8mln loss in China operations, PBIT of operations in other regions soared.
Olam to raise funds if Farming Systems bid successful
Olam claimed Farming Systems' operational target-setting was unrealistic and requires significant strategic changes.
Japan Foods to open 3 restaurants in Singapore
Singaporeans will enjoy a new wave of Japanese food with the opening of the restaurants in August and September 2010.
IE Singapore leads food business mission to Africa
Agency also attracts food services providers to explore opportunities in rapidly urbanising Indonesia.
Kirin to acquire 14.7% Fraser & Neave stake from Temasek
Kirin's S$1.3 bln purchase targeted to expand soft drinks, dairy operations in Southeast Asia.
Etika to acquire Malaysian pasteurised milk manufacturer and distributor
S$38.5mln takeover of SLAJ and SLAM will enable Etika to expand to wider ready-to-drink dairy segment.
Olam eyes NZ Farming Systems Uruguay's foregone shares takeover
Share in NZFSU would increase to 100% at additional investment of S$106.78mln if offer materialises.
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