Archives for March 13, 2019

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F&N should easily weather Malaysia’s sugar tax doldrums

Soft drinks major thinks healthier drinks is better strategy than price rises

F&N should easily weather Malaysia’s sugar tax doldrums

By Richard Whitehead

The grand old man of soft drinks in Southeast Asia is facing a year fraught with challenges, but the way it has been preparing for a new sugar tax stands it in good stead for its implementation later this year.

Brazil eyes re-opening US market for beef

Brazil eyes re-opening US market for beef

By Ashley Williams

Brazil’s Ministry of Agriculture, Livestock and Food Supply (MAPA) has revealed it will travel to the US to discuss re-opening the market for Brazilian beef.

Marfrig-National Beef jointly acquire Iowa Premium

Marfrig-National Beef jointly acquire Iowa Premium

By Ashley Williams

Brazilian meat firm Marfrig Global Foods has acquired a majority stake in US beef processor Iowa Premium for $150m, which will be incorporated into its other US-owned business National Beef.

Vietnamese brewer records remarkable comeback on ThaiBev balance sheet

Vietnamese brewer records remarkable comeback on ThaiBev balance sheet

By Richard Whitehead

"We are all ready to rock 'n' roll," said Bennett Neo on being installed by Thai Beverage as general director of Sabeco. Given that the Vietnamese brewer contributed almost half of its parent’s revenues in the first financial quarter this year, the...