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Tag: sugar

Retail Asia10/08/2023
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Food

Vietnam to impose anti-dumping duties on Thai sugarcane products

2min0
Vietnam has imposed anti-dumping and countervailing duties on sugarcane products from several Thai companies from August 18 to June 15, 2026. The duties will be imposed on the Mitr Phol Sugar group, Asia’s largest sugar and bioenergy manufacturer, along with four affiliated companies and Czamikow Group Limited. The Thai Roong Ruang Industry group, Thailand’s second-largest […]
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Retail Asia24/02/2023
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Food

Finance ministry again moots tax on sweetened beverages

4min0
The Ministry of Finance is again considering imposing a tax on sweetened beverages eight years after failing to get other ministries’ backing for it. A “reasonable” special consumption tax on sugary drinks would help protect people’s health in line with the World Health Organization’s recommendation and international practice, it said. Consumption of sweetened beverages in […]
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Retail Asia03/08/2022
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Food

Vietnam imposes anti dumping duty on Thai-origin sugar

2min0
Vietnam has imposed an anti-dumping and anti-circumvention levy on Thai sugar imported via 5 ASEAN nations. The final verdict was made Monday, and the duty of 47.64 percent will become effective between Aug. 9 and June 15, 2026. The probe was launched last September after local firms reported sugar products imported from Laos, Cambodia, Indonesia, […]
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Retail Asia11/02/2021
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Food

Vietnam slaps anti-dumping duty on Thai sugar

1min0
Vietnam has applied an anti-dumping and anti-subsidy duty of 33.88 percent on raw sugar from Thailand to protect domestic producers. The Ministry of Industry and Trade said that although its preliminary investigation found Thai sugar exporters have a dumping margin of 48.88 percent, it decided to collect 15 percentage points less after taking into account […]
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Retail Asia04/12/2020
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Food

Sugar producers accuse Thai firms of dumping

3min0
Thai companies are allegedly dumping sugar in Vietnam and hurting farmers, according to Vietnamese producers. Nguyen Van Loc, general secretary of the Vietnam Sugarcane and Sugar Association, said citing figures from Thailand’s Office of Cane and Sugar Board the average export price of Thai raw and refined sugar is $334 per ton though the cost […]
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Retail Asia16/09/2019
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Food

London’s Duck & Waffle opens in Hong Kong

1min0
The Duck & Waffle restaurant will officially land in Hong Kong this September at IFC mall. Its first destination outside of London, the new venue is designed to welcome guests throughout the day and into the late hours of the night with a large open space and kitchen combined with an “island” bar. The restaurant […]
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Retail Asia26/07/2019
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Food

Emma dessert opens in Singapore

1min0
Japan’s Emma dessert has opened its first overseas outlet, at Singapore’s Plaza Singapura. Located on basement level 2 of the shopping mall, the outlet offers two exclusive products to Singapore – the Boba Taco Softie, and Charcoal Cheese-flavoured Soft Serve – along with its original menu. Signature items include Soft Serve with Okinawa Brown Sugar […]
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Retail Asia13/03/2019
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Food

Tiger Sugar to open first Korea store next month

1min0
Bubble milk tea brand Tiger Sugar Korea will open first branch in Hongdae, a bustling university town of Seoul. Located at a popular hang-out area for young people, the Hongdae store will offer the same taste as that in Taiwan and use premium ingredients to “become the hottest dessert drink this year”. In order to […]
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Retail Asia13/07/2018
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Food

There is no sugar monopoly in Malaysia, say refiners

4min0
MSM Malaysia Holdings Bhd and Central Sugars Refinery Sdn Bhd (CSR) have clarified that there is no sugar monopoly in Malaysia and that the price of the commodity is controlled by the government and is among the lowest in the world. The two refiners said the local players operate within a challenging business environment to […]
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Retail Asia16/08/2017
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Food

Vietnam chews over special consumption tax on sugary drinks

3min0
The tax could help combat the country’s rapidly increasing obesity rate. The Ministry of Finance on Tuesday proposed levying a special consumption tax on a range of sweetened beverages. If approved, the proposal would see the tax imposed on carbonated and non-carbonated soft drinks, energy drinks, sports drinks and bottled instant coffee and tea. The […]
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Retail Asia31/07/2017
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Food

Jakarta prepares for Indonesia’s most influential sugar show

5min0
The low production of sugar which cannot meet the large demand of sugar consumption in Indonesia caused by inefficient processes initiates the INAGRITECH 2017 to present its premier sub-event named SugarMach Indonesia 2017. SugarMach Indonesia 2017 is the premier show focusing on sugar machinery, innovation, and technology. This show gains a strong support from the […]
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Retail Asia26/05/2017
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Food

Sugar inventory hits record high

2min0
Sugar plants have reported their highest ever inventory level, nearing 750,000 tons, accounting for 50 percent of their processing output. Explaining reasons for the high inventory yesterday, chairman of Vietnam Sugar and Sugarcane Association (VSSA) Pham Quoc Doanh said that unusual weather has caused material shortage at the beginning of this year processing crop. Sugarcane […]
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Retail Asia22/04/2017
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Food

Major Vietnamese sugar firms in merger talks

2min0
Once established, the new company, will be the biggest sugar firm on Vietnam’s stock market. Thanh Thanh Cong Tay Ninh Joint Stock Company, a subsidiary of Thanh Thanh Cong Group, and Bien Hoa Sugar Joint Stock Company are planning to merge. Thanh Thanh Cong Tay Ninh’s board of directors will submit the plan for approval […]
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Retail Asia04/01/2017
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Food

Vietnam sugar production down 13%

3min0
Sugar output in the 2015-16 crop was 1.23 million tonnes, a year-on-year drop of 12.7 percent, said Phạm Quốc Doanh, Chairman of the Việt Nam Sugarcane and Sugar Association, at a seminar in HCM City last week of sugar producers, distributors and consumers. Together with 185,000 tonnes of imports, this fully met the domestic demand […]
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