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CHINA – DeLaval, a subsidiary of Tetra Laval which supplies equipment to the dairy industry, has signed a new agreement with China Agricultural University to further improve efficiency in the dairy industry in China. The […]
GHANA – The Ghana Cocoa Board (COCOBOD) has entered into a public private partnership with the China Development Fund and Genertec International Corporation to establish a cocoa processing plant at Sefwi Wiawso, Western region Ghana […]
CHINA – Mengniu Dairy one of China’s largest dairy companies has offered to acquire Australia’s leading organic infant formula producer, Bellamy’s for approximately AUS1.5 billion ($1 billion). Bellamy’s said its board has unanimously recommended shareholders […]
CHINA – The Chinese Ministry of Agriculture and Rural Affairs (MARA) has issued an additional six months transition period for domestic and foreign pet food producers to transition to new labels as per the new […]
ASIA – World’s largest brewer, Anheuser-Busch InBev has resumed plans of listing its Asia Pacific business in Hong Kong, two months after back tracking from the planned initial public offering (IPO). AB InBeV now says […]
ARGENTINA – The world’s top soymeal producer by volume, Argentina has reached an agreement to export the product to China, marking the first soymeal shipment that Argentina has made to China. According to a report […]
CHINA – The Chinese eCommerce giant, Alibaba Group is set to embrace a new chapter in the company’s management following the departure of its high profile founder, Jack Ma. Jack Ma, who is leaving the […]
CHINA – Yili Group, a state-owned Chinese dairy company, posted net profit of RMB 3.8bn (US$505 million) during its first half of 2019, supported by continuous expansion in Southeast Asia. Yili’s global operating revenue grew […]
CHINA – French spirits and wine group, Pernod Ricard has initiated construction of a malt whisky distillery in Emeishan, Sichuan in China that will see the company invest US$150 million over the next ten years. […]
KENYA – The government of Kenya, through the Ministry of Agriculture is in negotiations with tea buyers from China as the two parties seek to close a three-year speciality tea export deal valued at US$67.75 […]