These agricultural products were imported from China by Betron Consumer Goods Trading The Department of Agriculture in the Philippines, along with the Bureau of Customs, has reported the seizure of five containers containing undocumented shipments of fresh carrots and yellow onions. The value of the seized goods is estimated to[Read More…]
China
Reborn Coffee expands in China
Strategic partnership with Chengdu Octaday Entertainment Group to introduce Reborn Coffee’s specialty experience to Sichuan’s 83 million people Reborn Coffee, a leading global speciality coffee brand, announced a significant expansion into the China market through a strategic Master License Agreement with Chengdu Octaday Entertainment Group, facilitated by Reborn China. This[Read More…]
Angel Yeast expands into probiotics R&D and production
Angel Yeast’s probiotics production now focuses on three main industrialised strains – the Lactobacillus plantarum S2 has a strong acid-producing capacity Angel Yeast, a global leader in yeast manufacturing, has officially put its plateau probiotics project into production in Xizang, China, a milestone of the company’s biotech transformation strategy and a[Read More…]
China initiates anti-subsidy investigation into dairy products from EU
A total of 20 EU subsidies will be scrutinised, including those from the bloc’s Common Agricultural Policy and subsidy programs initiated by specific EU members like Ireland, Austria, Belgium, and Italy China has initiated an anti-subsidy investigation into certain dairy products imported from the European Union (EU). The Ministry of[Read More…]
Yili retains position as world’s most valuable dairy brand at $11.6 billion
Yili’s dual-engine strategy of innovation and digitisation drives its top-ranking Yili (brand value down 6 per cent to $11.6 billion) continues to hold the title of the world’s most valuable dairy brand for the fifth consecutive year, according to a new report from leading brand valuation consultancy, Brand Finance. Yili operates 15 global[Read More…]
Yili’s Cremo ice cream wins Thailand FDA quality award
This marks the fifth consecutive year that Yili has received this prestigious award Cremo ice cream, produced by Yili’s subsidiary in Thailand, was honoured with the “2024 Thailand Food and Drug Administration (FDA) Quality Award.” This marks the fifth consecutive year that Yili has received this prestigious award. The award was[Read More…]
Farmmi opens warehousing and distribution centre services in North America
With the grand opening of the warehousing and logistics centre, the company has started a new chapter of its business and development Farmmi, an agricultural products supplier in China, announced the successful opening of the company’s warehouse and distribution centre in Los Angeles, California. On the first day of its operations[Read More…]
L Catterton invests in China’s plant-based drinks brand Viee
Partnership leveraging L Catterton’s operating know-how will help entrench Viee’s leading position in Sichuan and Chongqing and facilitate expansion in nearby provinces L Catterton, a leading global consumer-focused investment firm, announced that it has made a strategic investment in Viee, a beverage company with an eponymous brand of plant-based drinks most frequently consumed alongside spicy cuisines[Read More…]
Angel Yeast brings together innovative consortium to build industrial park in China
By 2035, this initiative aims to develop a 50-billion yuan ($6.89 billion) industry cluster Angel Yeast, a global leader in yeast manufacturing, is spearheading an initiative that unites universities and enterprises to form an innovative consortium dedicated to advancing synthetic biology technology. This initiative also accelerates the construction of the Xiaoting Synthetic Biology[Read More…]
Transformation of Chinese wine market
China Customs data indicates a significant decline in China’s wine imports for 2023, with a 26 per cent decrease in volume and a 15.2 per cent decrease in value Australian wine exports reached a value of $2.2 billion in 2023–24, marking a 17 per cent increase and the highest level[Read More…]
