Cultivated in clear water and fertile soil, it has a clean, transparent texture, excellent taste, and good preservation properties Korean company Babizoa’s newly released turmeric rice is not only delicious with natural sweeteners but also premium rice containing turmeric, a natural health ingredient turmeric. Cultivated in clear water and fertile[Read More…]
Company News
Grants open for wine and cider producers in Australia
The program provides funding of up to $100,000 to wineries and cellar door operators who grow and promote agri-tourism Applications for the fifth round of Australia’s Wine Tourism and Cellar Door Grants program are now open for wine and cider producers. The program provides funding of up to $100,000 to[Read More…]
Krispy Kreme kicks off pumpkin spice season with new products
New products include two new doughnuts, returning pumpkin spice original glazed and spiced coffees Krispy Kreme is kicking off and sweetening Pumpkin Spice Season on Aug. 7 by releasing a collection of doughnuts that are mixed, stuffed, sprinkled and topped with more pumpkin spice, including the all-new Pumpkin Spice Cheesecake Swirl Doughnut and[Read More…]
South Korea’s JY Corporation launches pesticide-free enoki mushroom tea
The Ministry of SMEs and Startups finally selected 30 companies to participate in this year’s Social Economy Enterprise Growth Intensive Support Project South Korea-based JY Corporation’s newly released enoki mushroom tea uses only pesticide-free enoki mushrooms and is produced and sold in amounts exceeding about 10 tonnes of enoki mushrooms.[Read More…]
India’s sugar stock reaches 108 LMT
Sufficient sugar stock to meet domestic demand The government of India has been successfully maintaining stable retail prices of sugar in the country. Though international sugar prices have touched the highest level in a decade in April-May 2023, domestic prices of sugar have nominal inflation of about 3 per cent,[Read More…]
Nestlé announces organic growth of 8.7%
Nestlé reports half-year results for 2023 In its half-year market report for 2023, Nestlé announced impressive organic growth of 8.7 per cent, with pricing alone accounting for 9.5 per cent of that growth. The real internal growth was -0.8 per cent. Nestlé CEO Mark Schneider attributes this success to the[Read More…]
Yum China’s net income up by 139% in Q2
Total Revenues up 25%; system sales grew 32% in constant currency; operating profit increased 216% In the second quarter of 2023, Yum China Holdings reported a net income of $197 million, which is an impressive 138 per cent increase compared to the previous year’s $83 million. The company’s total revenue[Read More…]
Singapore’s 16 restaurants earn the Restaurants from Spain Certification in 2023
This certification program ensures that Spanish restaurants meet specific quality standards and are recognised as authentic ambassadors of Spanish cuisine in Singapore ICEX Spain, the government agency responsible for promoting Spanish firms internationally, has announced the launch of the Restaurants from Spain certification program in Singapore for the third year. Following the success of the[Read More…]
Kerry Group acquires Shanghai Greatang Orchard Food
Kerry has agreed to pay an initial consideration of RMB720m (€91m), with the possibility of additional payments of up to RMB780m (€99m) over the next three years Kerry Group plc announced the acquisition of Shanghai Greatang Orchard Food Co., Ltd, a global taste and nutrition company. Shanghai Greatang Orchard Food[Read More…]
TiNDLE Foods expands into new categories under one global brand
The food tech company will broaden its portfolio to include additional meat and dairy products such as sausages, milk and ice creams for consumers worldwide Singapore-based TiNDLE Foods announces an expansion into new categories, reinforcing its commitment to delivering great-tasting and high-quality foods in order to build a more sustainable[Read More…]
