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PETALING JAYA: Competition in the Malaysian dairy industry will likely intensify as Asahi Group Holdings Ltd spreads its wings in Asean.
At the world’s biggest dairy company, milk quality and safety are its highest priority.
HONG KONG: France's Danone SA will spend US$665mil to lift its effective stake in China's top dairy firm, China Mengniu Dairy Co Ltd as it seeks to boost its presence in one of its most important markets.
KUANTAN: The Pahang government should assist in getting halal certifications for Chinese firms investing in the state.
NEW YORK: The following bids, mergers, acquisitions and disposals were reported by 2100 GMT on Tuesday:
TOKYO: Japanese cosmetics giant Kanebo faces a tough battle repairing its brand image with consumer confidence at “rock bottom” after its products left ugly blotches on customers’ faces, observers said.
WELLINGTON/SHANGHAI: However much China and other big customers strive to rely less on Fonterra after a global food contamination scare this month - now downscaled to a 'false alarm' - the New Zealand firm's grip on the global dairy trade is unlikely to be loosened.
WELLINGTON: New Zealand dairy giant Fonterra Co-operative said on Friday it had suspended operations in Sri Lanka after the world's largest dairy exporter faced product bans, court cases and angry demonstrators over its milk products in the country.