This brings its total raise across all its investors to date to over $25 million.Bangkok and India-based online restaurant reservation platform Eatigo has raised a follow-on funding as part of its pre-Series C round from existing investor TripAdvisor. This brings its total raise across all its inves...
This move marks its commitment to the region by utilising local sales and marketing intelligence to better assist customers and capture consumer preferences more accurately.Bell Flavors & Fragrances has stepped up its presence in Asia with the launch of new locations in Thailand and Indonesia.
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The company agreed to purchase a total of 4,666,667 newly issued ordinary shares representing 40 per cent of total capital stock of Camanor worth $17.5 million. Thailand’s Charoen Pokphand Foods (CP Foods) has inked a deal to acquire a 40 per cent stake in Camanor Produtos Marinhos, one of a l...
Dahmakan recently received a $2.6 million round of funding earmarked for its expansion into new markets.Dahmakan, a vertically-integrated Malaysian meal delivery startup, has acquired Polpa to enter Bangkok. Dahmakan was the first Malaysian startup to participate in Y Combinator and r...
The facility will provide a collaborative environment where Firmenich chefs and food technologists can work together with customers to develop flavours.Firmenich has opened a new culinary discovery centre in Bangkok, Thailand, to serve as the company’s hub for Southeast Asia.
The facility wil...
The firm incurred acquisition costs of 2.35 billion baht from the four deals it completed in the quarter which sent net profits down in the first quarter.Thai spirits maker Thai Beverage has posted a first quarter net profit of 2.91 billion baht (US $ 122 million), down 62.3 percent from the same pe...
ThaiBev is seeking to increase the revenue contribution from outside Thailand to more than 50 per cent by the end of 2020.Thai Beverage (ThaiBev) has partnered a local company to buy a $4.8 billion stake in the country’s largest brewer, Vietnam Beverage. ThaiBev is doubling down on Vietn...
ThaiBev bought a 75% stake in Myanmar Supply Chain (MSC) and Myanmar Distillery (MDC) for US$742m.
Singapore – Thai Beverage, better known as ThaiBev (Southeast Asia’s largest beverage company) now owns 75% of the Myanmar’s largest distillery.
ThaiBev bought a 75% stake in Myanmar Su...
The improved Mahachanok mango is enhanced with anti-oxidants anthocyanin and carotenoid.Researchers at Nare-suan University in Phitsanulok, northern Thailand, have developed a mango that can reduce the risk of contracting some cancers.
Faculty of Agriculture, Natural Resources and Environment lectu...
Thailand took the initiative when the National Save Food Network was established in September, 2014 by the Ministry of Agriculture and Cooperatives, the FAO, and a number of other concerned partners.Save Food, which was first held in Berlin in 2001, will be part of Pack Print International 2017, the...
CP Foods booked a 10.5 per cent rise in revenue to THB245.59 billion. Charoen Pokphand Foods, the Thailand-based meat and seafood group, saw its earnings in the first half of the year rise despite a sharp fall in segment profits from its livestock division.
The company posted profit for the six mon...
For Thai Beverage, the KFC deal is a bid to seize on the popularity of chicken in Asia.Thai Beverage, the spirits giant that makes Chang beer and SangSom rum, is expanding into the fast-food business.
ThaiBev agreed to purchase more than 240 existing KFC restaurants in Thailand for about 11.3 billi...
Though no tax has been specified yet, it will be based on how much sugar a drink contains. Thailand will phase in a sugar tax over six years in a bid to help drinks manufacturers to lower their sugar content and take advantage of a simultaneous lowering of tax on sugar free beverages.
According to ...
"Thailand 4.0" economic model offers generous incentives and tax exemptions to high tech companies that set up advanced manufacturing facilities in the country -- including agro-processing and food for the future.Singapore - The UN Food and Agriculture Organization projects the global population cou...
IndieDish optimises its logistics algorithm by using a pre-order system. IndieDish was announced winner of the TOP 100 Fight Club Thailand at Echelon Thailand 2017, an enriching two-day tech conference organised by e27, in collaboration with Startup Thailand and the National Innovation Agency.
Eche...
