Food and Beverages

Yili Achieves Double-Digit Growth in Revenue and Net Profit in H1 FY2021

HOHHOT, China, Sept. 1, 2021 /PRNewswire/ -- On August 30th, Yili - Asia's leading dairy company - released its FY2021 H1 financial report. The company exceeded market expectations with double-digit growth in revenue and net profit, with gross revenue rising 18.89% YoY to reachRMB 56.506 billion,...

2021-09-01 18:58 2624

Visit Korean Heritage Campaign to showcase "Hansik" cuisine in London

SEOUL, South Korea, Sept. 1, 2021 /PRNewswire/ -- The Cultural Heritage Administration (CHA) and the Korea Cultural Heritage Foundation (CHF) jointly started the second leg of the Visit Korean Heritage Campaign inLondon. Starting fromAugust 30, the advertisement for Hansik, or Korean cuisine, has...

2021-09-01 18:32 1769

Eviosys Launches As A New Company To Deliver Smart, Sustainable Packaging Solutions

New company formed as KPS Capital Partners completes its acquisition of Crown Holdings Inc.'s EMEA food and consumer packaging business. -- Global packaging firm Eviosys has been formed to deliver smart, sustainable packaging solutions for its customers. -- The new brand name Eviosys deriv...

2021-09-01 06:01 4931

Miss HK Lisa-Marie Tse Vetted Hong Kong Food Tech Startup Allklear Wraps HK$10M Series Pre-A Funding, Now Valued at almost $100M, Leading New Trends of Healthy Living

HONG KONG, Aug. 30, 2021 /PRNewswire/ -- A Hong Kong food tech startup combining nature and technology, Allklear, has completed Series Pre-A funding, raisingHK$10M from lead investor Gobi Partners, private investor Miss Hong Kong 2020 Lisa-Marie Tse, and co-investors—Chartwell Ventures Limited, V...

2021-08-30 11:53 9045

Over 68% of Farmers in SE Asia's Biggest Crop-Producing Countries Claim Climate Change as Key Challenge

SINGAPORE, Aug. 30, 2021 /PRNewswire/ -- A finding officially released today highlights a key challenge with regional food production – chiefly that a significant number of growers inSoutheast Asia's largest agricultural-producing countries areconcerned with the impact of climate change (68.5%). ...

2021-08-30 11:30 3596

The Indonesian Ministry of Tourism and Creative Economy Announces the First Virtual Aceh's Culinary Festival

BANDA ACEH, Indonesia, Aug. 27, 2021 /PRNewswire/ -- The Indonesian Ministry of Tourism and Creative Economy unveiled today its first-ever virtual Aceh Culinary Festival (ACF). The event is held online on theAceh Food Apps, from August 27-29, 2021.

2021-08-27 21:40 5580

Catch The First Virtual Eating Competition In Malaysia, The Bigo x Merdeka Eating Competition, On Bigo Live

KUALA LUMPUR, Malaysia, Aug 27, 2021 /PRNewswire/ -- Bigo Live , the global leader in live streaming content, is celebrating Hari Merdeka with the launch of "Bigo x Merdeka Eating Competition", the nation's first online eating competition. Featuring 100 of Bigo Live's broad...

2021-08-27 16:43 3988

Yili Group Remains Among Top Five in Rabobank 2021 Global Dairy Top 20 Report

HOHHOT, China, Aug. 26, 2021 /PRNewswire/ -- On August 25th, 2021, Rabobank of the Netherlands released its annual Global Dairy Top 20 Report. Dairy giant Yili Group once again clinched the fifth spot following the previous year, remaining leader ofAsia for the eighth consecutive year as the only...

2021-08-26 14:52 5023

CNN's 'Inventing Tomorrow' meets the innovators working to transform the world's food systems

HONG KONG, Aug. 26, 2021 /PRNewswire/ -- In the season two premiere of CNN's ' Inventing Tomorrow ', anchor and correspondent Kristie Lu Stout  spotlights the pioneering businesses se...

2021-08-26 11:34 4895

Comvita Announces Strong Earnings Improvement

Headlines * Reported NPAT $9.5M vs. ($9.7M) in PCP * Reported EBITDA* $25.5M, + $21.3M vs. June 2020 or +511% - Double-digit top and bottom-line growth in focus growth markets, China, and USA - Double digit top and bottom-line growth in Mānuka product category - Double digit top and bottom-li...

2021-08-26 09:23 5327

Angel Yeast Announces Acquisition of Bio Sunkeen's Yeast Relevant Assets

YICHANG, China, Aug. 25, 2021 /PRNewswire/ -- Angel Yeast Co., Ltd ("Angel Yeast ")(en.angelyeast.com ), a listed high-tech yeast company inChina, has recently announced it has established a joint venture company to investRMB 100 million ($15.4 million) to acquire Sha...

2021-08-25 19:35 5230

Moolec Science and Grupo Insud Launch Food-Tech Joint Venture

WARWICK, England, Aug. 25, 2021 /PRNewswire/ -- Moolec, a science-based ingredients company using plants to produce animal proteins, andGrupo Insud, a global conglomerate with a strong presence in the manufacturing of biosimilars and other active ingredients for the pharmaceutical industry, annou...

2021-08-25 18:00 1885

Innovative Operation Method for a Hong Kong Pig Farm: Hong Kong Heritage Pork founder John Lau Hon Kit has implemented a self-breeding, self-raising, and self-sale technique

HONG KONG, Aug. 24, 2021 /PRNewswire/ -- Hong Kong Heritage Pork is a leading supplier of pork and has always prided itself on letting everyone inHong Kong indulge in fresh, delicious and safe local pork of the highest quality for every meal. To accomplish and maintain this goal,John Lau Hon Kit,...

2021-08-24 12:00 3338

abillion, the world's leading digital platform for sustainability, publishes second report on Singapore identifying plant-based trends in the local F&B sector

SINGAPORE, Aug. 24, 2021 /PRNewswire/ -- abillion, the Singapore-based tech company that is building the world's largest online community of conscious consumers, has published a report, with support from Enterprise Singapore, titled,Singapore Food Culture: The Road Ahead is Plant-Based. This stu...

2021-08-24 10:15 3299

Cargill to acquire Aalst, leading Asian chocolate supplier

Investment expands Cargill's Asia-Pacific cocoa & chocolate offerings in a move to better serve industrial and foodservice customers. SINGAPORE, Aug. 24, 2021 /PRNewswire/ -- Responding to an Asian marketplace sweet on chocolate products,Cargill has entered into an agreement to acquire Aalst Cho...

2021-08-24 07:45 2500

Harvest to bring significant quality challenges for feed, says EW Nutrition

VISBEK, Germany, Aug. 24, 2021 /PRNewswire/ -- Bad news for feed producers: after supply chain disruptions and raw material unavailability, now weather-related challenges inEurope will most likely affect this year's crop quantity and quality. Cold temperatures, heatwaves, tornados, and hailstorms...

2021-08-24 03:59 2022

"Fueling the Culinary Fire" by Marriott Bonvoy Explores the Creative Minds of Some of Hong Kong and Macau's Greatest Chefs

HONG KONG, Aug. 23, 2021 /PRNewswire/ -- Marriott Bonvoy has recently launched a six-part video series, "Fueling the Culinary Fire", a special glimpse behind the scenes and inside the minds of the greatest Michelin-starred chefs inHong Kong and Macau. From Chef de Cuisine Paul Lau of Tin Lung Hee...

2021-08-23 17:03 3943

Vinamilk ramps up R&D efforts to win big globally

HO CHI MINH CITY, Vietnam, Aug. 23, 2021 /PRNewswire/ -- The Vietnam Dairy Products JSC (Vinamilk) is accelerating R&D efforts to create innovative products enriched with local flavours to satisfy global customers' diverse tastes. With its strategic investment in product development, internation...

2021-08-23 16:41 10585

General Mills Awarded Asia's 12th Best Workplaces 2021 by Great Place to Work(R)

TAIPEI, Aug. 23, 2021 /PRNewswire/ -- General Mills Taiwan - a part of US-based Fortune 500, General Mills, Inc.- has been recognized among Asia's Best Workplaces 2021 acrossAsia, Middle East and Africa (AMEA) region by the prestigious international consulting firm Great Place to Work® (GPTW) In...

2021-08-23 15:39 4366

General Mills Awarded Asia's 12th Best Workplaces 2021 by Great Place to Work(R)

SEOUL, South Korea, Aug. 23, 2021 /PRNewswire/ -- General Mills Korea – a part of the US-based Fortune 500 Company, General Mills, Inc. -- has been recognized amongAsia's Best Workplaces 2021 across Asia, Middle East and Africa (AMEA) by the prestigious international consulting firm Great Place t...

2021-08-23 14:52 2370
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