This expansion will focus primarily on partnerships with sizeable refreshment companies and master franchisors Leading boba tea brand CoCo Fresh Tea & Juice unveiled plans to expand its footprint in South Asia, as global demand for the East Asian refreshment grows. Recently, South Asia’s economy has shown resilience in the face of global[Read More…]
Company News
Avesthagen’s Teestar botanical chewables steps in as finalist for NutraIngredients-Asia 2023 Award Singapore
Teestar is formulated from an Indian medicinal plant that has traditionally been a part of the food matrix Teestar botanical chewables by Avesthagen Limited is a product designed for sugar and weight management, explicitly targeting pre-diabetic and diabetic healthcare. Teestar is a scientifically formulated nutraceutical using all-natural plant-based ingredients. The[Read More…]
ES YEN COFFEE Thailand’s soft power brew, Thai-style iced espresso creation
Crafted by Soradech Chirawitchalert, the winner of the World ES YEN Championship 2023 ES YEN COFFEE, the Thai-style iced espresso, is a must-try coffee speciality that embodies Thailand’s newfound soft power, infusing sweetness and aroma into the iconic Amazing Thailand campaign. The global spotlight fell on ES YEN when Korean popstar Jung Yong-Hwa shared an image of[Read More…]
Subway announces sale to Roark Capital
The transaction combines Subway’s global presence and brand strength with Roark’s deep expertise in restaurant and franchise businesses Subway announced that it has entered into a definitive agreement to be acquired by affiliates of Roark Capital. The transaction is a major milestone in Subway’s multi-year transformation journey, combining Subway’s global presence[Read More…]
Heineken sells 100% shares in Russia for €1
Heineken® brand which was removed from Russia in 2022, production of Amstel will be phased out within 6 months Heineken announces completion of the transaction to sell its Russia operations to Arnest Group. The transaction has received all the required approvals and concludes the process Heineken initiated in March 2022[Read More…]
SFA recalls organic wheat-free quick oats from Finland due to false claims
The Singapore Food Agency (SFA) has directed Little Farms to recall a Finland-made product as a precautionary measure Honest to Goodness Organic Wheat Free Quick Oats are being recalled due to undeclared allergen gluten, despite the packaging claiming it is gluten-free. The Singapore Food Agency (SFA) has directed Little Farms[Read More…]
ThaiBev acquires Oishi Group’s 98% shares
ThaiBev has acquired additional shares amounting to 18.84 per cent of Oishi, which has increased its ownership in the company to 98.5 per cent Oishi Group is set to be delisted from Thailand’s stock exchange following ThaiBev’s acquisition of 70,662,764 shares in the company. ThaiBev has acquired additional shares amounting[Read More…]
Science-driven policy change to restore healthy fish stocks in Myanmar
These newly enacted policies to protect the aquatic habitats of Hilsa will not only help revive ecosystems but will also ensure sustainable livelihoods and nutrition for the millions of fishers, related workers In Myanmar, the Hilsa shad is a critical fish for local livelihoods, nutrition, and ecosystems. However, Hilsa stocks[Read More…]
South Korea’s Food Science develops world’s first hangover drink with protein blowfish
The company was selected as a beneficiary of early-stage technology commercialisation investment by Korea Development Bank Food Science, selected by South Korea’s Ministry of SMEs and Startups as one of 30 companies to participate in this year’s Social Economy Enterprise Growth Support Project, is a bio-venture company that constantly strives to[Read More…]
Singapore’s COCA restaurants unveil lobster & seafood premium buffet
Lobsters and snow crab legs take centre stage in this premium buffet Renowned Thai-Chinese hotpot establishment in Singapore, COCA Restaurants presents an extraordinary culinary journey with its upgraded Lobster and Seafood Premium Buffet. Epicurean enthusiasts are cordially invited to embark on an exhilarating voyage of flavours, immersing themselves in an opulent spread[Read More…]
