US-based global food company Heinz has reported a 6% decrease in net income to US$226.1m for the three months to 27 July 2011. The company’s results in emerging markets, including Asia, were stronger...

Malaysian private-equity fund Navis Capital has reportedly made the second round of bidding for Carrefour’s Singaporean and Malaysian assets. According to reports by Reuters, a source said Navis...

Fonterra is eyeing growing UHT milk markets in Asia-Pacific New Zealand dairy giant Fonterra plans to export UHT milk to Malaysia, Indonesia and Vietnam after boosting capacity at a processing plant in...

Carrefour has reportedly dropped Tesco and Aeon from the bidding for its businesses in three south-east Asian markets.According to the Wall Street Journal, the remaining bidders reportedly include Carrefour’s...

Spanish food group SOS Corporacion Alimentaria has struck a distribution deal for its Bertolli olive oil brand in Japan.SOS said yesterday that importer Japan Europe Trading Co. (JET) would handle Bertolli...

* Pre-tax profits up 10%; trading profits rise 12% * Turnover climbs almost 7% * Asia trading profits increase 18.9% UK retail giant Tesco yesterday (20 April) booked a 10.1% rise in annual profits as...

Nestle on Friday (19 February) became the latest of the largest food manufacturers to set out its stall for further expansion in the world’s emerging markets. The company, the world’s largest...

Baxters Food Group, the UK soup maker, is planning to use Australia as a manufacturing base for its chutneys business to push the products into new markets in Asia. The company, which snapped up Australian...

For retail and consumer-products companies, most of Asia continues to present growth opportunities, albeit at a slower rate in the short term, according to a new PricewaterhouseCoopers report, Glimmers...

The Victorian Government has earmarked Singapore and Malaysia as key centres for Australian export opportunities in the coming decade. Tim Dillon, the Victorian Government’s Trade Commissioner for...