Category: Food

Retail Asia06/12/2023
coffee.jpg
2min0
Vietnam’s coffee exports in 2023 are expected to break the record of US$4 billion in export value set in the previous year. According to the Ministry of Agriculture and Rural Development, the country shipped 1.36 million tonnes of coffee abroad, earning nearly $3.5 billion. Vietnam entered the new 2023-2024 coffee crop which began in October, […]

Retail Asia04/12/2023
heytea2.jpg
1min0
Chinese tea brand Heytea has opened its first store at Kuala Lumpur’s newly-opened shopping destination, The Exchange TRX, as part of Heytea’s ambition to have a larger footprint in the country. The new store takes over an 80sqm space of the shopping mall’s Level C. The Malaysia launch, which the company described as its “important […]

Retail Asia04/12/2023
pepsi-1280x853.jpg
2min0
PepsiCo has been ordered by the Federal Court to pay royalty withholding tax and, in the alternative, diverted products tax (DPT), which would apply. The first time it has been considered in court, DPT is a new tool to ensure large global businesses operating in the country are paying the correct amount of tax by […]

Retail Asia04/12/2023
kraft-1280x720.jpeg
2min0
Kraft US has launched its first plant-based Mac & Cheese, strengthening its plant-based portfolio in the market. The range features Original and White Cheddar flavors and is available now nationwide through early next year. Kraft NotMac&Cheese is an example of the brand’s plan to expand its portfolio of plant-based solutions across a broad range of categories. […]

Retail Asia04/12/2023
oranges-1024x680.jpg
4min0
King orange prices have sunk to VND2,000-4,000 (US$0.08-0.16) per kilogram at the farm gate, half it’s previous lowest reached in June, but still, not many merchants are buying the fruit. Oanh, who owns an orchard in southern Dong Nai Province, says she recently harvested three tonnes of oranges but could not sell them. Since they […]

Retail Asia01/12/2023
agriculture-vietnam-rice.jpg
2min0
Vietnam has been named the winner of the World’s Best Rice Contest for the second time, with six varieties, including the renowned ST25. The six varieties were submitted by two each from three companies: Ho Quang Tri Private Company, Loc Troi and Thaibinh Seed. They include the ST25 rice developed by farmer-scientist Ho Quang Tri […]

Retail Asia29/11/2023
tabasco-tout-67f9c6bd9c124f2789e603f802f8e1f3.webp
2min0
McIlhenny Company – maker of Tabasco pepper sauces – has partnered with IMG, a global sports, fashion, and media business, to expand the brand into new product and service categories, as well as boost its consumer reach. Under the multi-year agreement, IMG will develop a wider range of Tabasco offerings to reflect the brand’s position in […]

Retail Asia29/11/2023
Magnum-Ice-Cream-Bars-Photo-1280x637.webp
1min0
Premium ice cream brand Magnum is expanding its line nationwide with two new flavours: Double Sunlover and Double Starchaser. Double Sunlover combines coconut tastes with a tart mango and passionfruit swirl, all encased in white cracking chocolate and coconut pieces. Meanwhile, Double Starchaser mixes double-swirled popcorn and caramel tastes, and it’s covered in cracking milk chocolate with […]

Retail Asia28/11/2023
Yakult-1280x853.jpeg
1min0
Japanese probiotic beverage Yakult has opened its first coffee location in Japan’s Utsunomiya, which doubles as a service centre. The Yakult Gohonmaru Cafe & Gallery, which opened last month, has two levels and includes a beauty salon as well as a gallery. On the first floor, visitors can try Yakult ice cream, chiffon cakes, and tiramisu with […]

Retail Asia28/11/2023
coffee2.jpg
1min0
Indonesia cafe chain Tomoro Coffee has entered the Chinese market, opening in Shanghai’s Qingpu E Link World Industrial Park. And the retailer says it is now targeting expansion in Southeast Asia. Tomoro Coffee opened its first store in Indonesia in August last year and has since expanded to 200 stores nationwide. The Jakarta-based coffee shop […]

Retail Asia28/11/2023
pepsi-1280x853.jpg
2min0
PepsiCo has unveiled the third year of its Positive Agriculture Outcomes (PAO) accelerator, a global initiative to address critical agriculture challenges while advancing its pep+ (PepsiCo Positive) agenda. As part of this program, the company supports eight innovation projects across nine countries, including a project with Australian grain growers to test and validate soil health management practices […]

Retail Asia27/11/2023
beef-1024x504.jpg
3min0
Despite a global trend of production decline, beef production in the southern hemisphere – including Australia – is on the rise, reports Rabobank in the Global Quarterly Beef Q4 2023. However, increases in Australia and Brazil have yet to offset the production declines in Europe and the US. The report said Australian cattle prices dropped […]

Retail Asia23/11/2023
exotic-tropical-fruit-1024x768.jpg
2min0
Vietnam’s vegetable and fruits exports surged 70% year-on-year in the first 11 months to $5.2 billion, a new historic peak. Durian accounted for 40% of the value, followed by jackfruit, watermelon, grapefruit and longan, all recording growth between 50% and 200%, according to the Vietnam Fruits & Vegetables Association (VFA). This was the first time […]

Retail Asia21/11/2023
MCDonalds-Disney-1280x720.jpg
2min0
Fast food chain McDonald’s Corporation has agreed to acquire Carlyle’s 28 percent stake in the consortium that operates the McDonald’s business in Mainland China, Hong Kong and Macau. Through its equity affiliate Citic Capital, the Citic Consortium will maintain a 52 percent controlling stake while McDonald’s will increase its ownership in the business to 48 […]

Retail Asia20/11/2023
sgcoffeefest-featured.jpg
1min0
After expanding its presence in Southeast Asia, Chinese coffee chain Cotti Coffee has launched its first location in Hong Kong, with the first store in Indonesia in August. The Sheung Wan Mass Transit Railway (MTR) station location joins Cotti Coffee’s portfolio of more than 6200 stores worldwide, encompassing key cities in countries including Canada, Japan, South […]

Retail Asia20/11/2023
wines_1-1024x678.jpg
4min0
Filipino-Australian entrepreneur Siggy Bacani seeks to bring the best of both worlds together by launching 7000 Islands, a cross-cultural business venture that imports Filipino liqueurs and spirits to Australia while exporting small-batch Aussie wines to the Philippines. Making its debut this month, the first shipment of hand-crafted Ube Cream liqueurs arrived in the company’s warehouse […]


About Retail News Asia

Retail News Asia is committed to providing local and global retailers with the latest news from the Asian retail market on a daily basis.

We have resources for everyone from independently owned business owners to online-only retailers and major chains expanding their reach throughout the Asian market. Retail News is “the news source” with over 50 weekly posts and 13,6 million readers.


CONTACT US

CALL US ANYTIME

Most read



Retail updates

Stay up to date of the lates updates and retail news from Asia.








X