Industry Developments
Japan
On the back of the collapse of merger talks between it and compatriot Suntory, Japanese beer giant Kirin has been handed a lifeline in its attempt to become a truly global player....
2010-03-16China
Hong Kong-listed food and beverage manufacturer Want Want Holdings has announced strong 2009 financial results. Benefiting from strong demand growth and reduced operating costs the...
2010-03-15India
India's wholesale food price inflation continues to stay stubbornly in high double-digit territory, with prices climbing by 17.4% year-on-year in January 2010. The price increases,...
2010-03-04Thailand
Leading Thai alcoholic drinks producer Thai Public Beverage (ThaiBev) has announced disappointing full-year financial results for 2009. The company's sales climbed by 2.4% to THB108bn...
2010-03-03China
British spirits major Diageo has upped its stake in Chinese holding company Quanxing by 4%, to 53%, in a deal worth GBP14mn (US$21mn). The motivation for the investment was Quanxing's...
2010-03-02Sri Lanka
Coca-Cola Beverages Sri Lanka has said it has regained carbonated soft drink market leadership from its close rival Ceylon Cold Storage (CCS). The two companies are the clear market...
2010-03-01Japan
US retail multinational Wal-Mart has confirmed that it will consider mergers and acquisitions (M&A) as a means of boosting the competitiveness of its Japanese subsidiary Seiyu....
2010-03-01Indonesia
French retail giant Carrefour has managed to overturn an Indonesian antitrust commission (KPPU) ruling that was to force it to offload its majority stake in the country's number two...
2010-02-26
