The capital will be used to fuel Flash Coffee’s growth trajectory, supporting its goal of surpassing 70 stores across Indonesia in 2025 Flash Coffee, the Indonesia-based coffee chain, announced an additional $3 million in funding to fuel its expansion across the country. The round was led by TA Ventures, a[Read More…]
Tag: indonesia
Coffee Bros urges US Government to exempt coffee from new tariffs
The petition, titled “Exempt Coffee from Tariffs: Protect American Small Businesses and Preserve Coffee Quality,” has begun gaining traction online Coffee Bros., a U.S.-based specialty coffee roaster, is urging the federal government to immediately exempt coffee from the newly imposed tariffs that threaten to disrupt the American coffee industry, drive up prices for[Read More…]
Australia’s united food and wine team heads to Japan
It’s the sixth target market for the Collaboration Group, which has previously focused on emerging markets across Asia, including Thailand, South Korea, Vietnam, Indonesia, and Taiwan The Australian Food and Wine Collaboration Group is headed to Tokyo in April as part of an ongoing effort to improve bilateral trade relations[Read More…]
Adverse weather conditions causing coffee prices to reach highest levels
New FAO study notes a nearly 40 per cent price surge in 2024 due to supply-side disruptions, primarily from unfavourable weather World coffee prices reached a multi-year high in 2024 – increasing 38.8 per cent on the previous year’s average – mostly driven by inclement weather affecting key producing countries,[Read More…]
Indonesia’s Toko Kopi Tuku expands to Bandung with opening new store
This marks a significant milestone in the brand’s expansion Toko Kopi Tuku (TUKU), a local coffee brand in Indonesia, announced the opening of its 61st store, TUKU Ambon, in Bandung, also known as the City of Flowers. This marks a significant milestone in the brand’s expansion, which celebrates a decade[Read More…]
ADB, ECOM sign $100 Mn loan to enhance coffee value chain in APAC
The agreement will benefit more than 62,000 smallholder farmers in India, Indonesia, Papua New Guinea (PNG), and Viet Nam The Asian Development Bank (ADB) has signed a $100 million loan agreement with ECOM Agroindustrial Corporation Limited and ECOM Agroindustrial Asia Private Limited (ECOM) to enhance the climate resilience of the[Read More…]
The Laughing Cow Cheese officially Halal-certified
The Halal certification mark from Indonesia’s Halal Product Assurance Organizing Agency (BPJPH) to its packaging The Laughing Cow Cheese announced the addition of the Halal certification mark from Indonesia’s Halal Product Assurance Organizing Agency (BPJPH) to its packaging. This esteemed certification reassures consumers of the Bel Group’s adherence to Halal standards, as The Laughing Cow products sold[Read More…]
Nissin to establish food trading company in Australia
By establishing a local presence in Australia and New Zealand, the Group will be able to enhance its marketing activities in both markets Nissin Foods Company Limited announced that the Group and Nissin Asia have entered into a joint venture agreement which provides for the formation of a joint venture[Read More…]
Angel Yeast to establish yeast production facility in Indonesia
The registration and land transaction procedures are estimated to be completed before February 2025 Angel Yeast a global leader in yeast manufacturing, is partnering with Indonesian agricultural company PT. Tunas Baru Lampung Tbk (TBLA) to set up a subsidiary in Lampung Province and acquire land to develop yeast production projects, in a move[Read More…]
Givaudan breaks ground on production facility in Indonesia
Investment of CHF 50 million highlights Givaudan’s commitment to driving sustainable growth and innovation in the South East Asia region Givaudan, a global leader in Taste & well-being, announced the ground-breaking of its new, state-of-the-art production facility in Cikarang, Indonesia, reinforcing its commitment to the Southeast Asia region. The new[Read More…]
