Malaysia to introduce tax on sugary soft drinks and juices

MALAYSIA – Malaysia is set to introduce a tax on ‘high sugar’ beverages including juices and soft drinks effective 1 April 2019 to help address the country’s levels of obesity and sugar related diseases. Finance Minister Lim Guan Eng announced that the government will introduce an excise duty of MYR 0.40 ($0.10) on beverages containing…

Malaysia secures export deal with China for frozen whole fruit durians

ASIA - Agriculture and Agro-based Industry of Malaysia has signed an agreement to export frozen whole fruit durians to China, marking the second consecutive year Malaysia had succeeded in obtaining market access to China. As part of the export protocol, Malaysia would submit a list of durian plantations which complied with the Malaysian Good Agricultural…

Jacobs Douwe Egberts receives approval for Malaysian coffee producer buy

MALAYSIA – The world’s number one pure-play coffee maker Jacobs Douwe Egberts has received regulator approval for the acquisition of Malysian coffee producer Old Town In a deal worth US$361 million the Competition Commission of Singapore (CSS) has approved the buy out by JAB Holdings owned company of the Malaysian company in its bid to…

Givaudan opens new business solutions centre in Malaysia

MALAYSIA – Givaudan, a Swiss manufacturer of flavors, fragrances and active cosmetic ingredients, has announced the official opening of its new Givaudan Business Solutions (GBS) delivery centre in Kuala Lumpur, Malaysia. The GBS delivery centre in Kuala Lumpur's Petaling Jaya sector was officially inaugurated during a ceremony inspired by Malaysia's national flower the hibiscus, which…