Asahi Confirms AB InBev Acquisition Deal
Budweiser-maker AB InBev has received a binding offer of US$2.85 billion for the European beer brands Grolsch, Peroni and Meantime and related businesses in a sale designed to address regulatory concerns about its mega merger with SABMiller.
Double-Digit Growth Ahead for Asian Online Grocery Business
Increased mobile accessibility and broadband penetration are disrupting the traditional grocery-buying business model, enabling consumers to purchase groceries anywhere, at any time.
Anheuser-Busch InBev Brings Smart Drinking to China
Anheuser-Busch InBev (AB InBev) has announced the launch of its four Global Smart Drinking Goals, with Shanghai identified as a core city of analysis over the coming years
Cult Wines Expands into Asia as it Sees Substantial Growth in Profits
Cult Wines, a specialist in the acquisition and investment management of fine wines, has announced that it is set to open a new office in Hong Kong to take advantage of increasing demand in Asia for investing in fine wine.
First Ever Solar-Powered Tea Plantation in China to be Delivered by Trina Solar
Trina Solar Limited, a global leader in photovoltaic (PV) modules, solutions, and services, has announced an agreement to supply 51MW of its dual glass modules to Yunnan Electric Power Design Institute.
McThai : Global Brand with Local Reach
McThai is rolling out an unrivalled localisation strategy to enhance market saturation.
McDonald’s Singapore emerges as the “Best of the Best” in Best Employers Singapore 2015
McDonald’s Singapore clinches the “Best of the Best” award in Aon Hewitt Best Employers Singapore 2015 programme.
China’s Chocolate Market to Grow to US$4.3 Billion by 2019
Chocolate sales in China should grow to $4.3 billion by 2019, up nearly 60 percent from $2.7 billion in 2014. This huge growth is being driven by demand from the growing urban population, a senior Hershey officer has said.
Jollibee Foods to Enter Indonesia and Malaysia
Jollibee Foods Corp. (JFC), the Philippines’ leading restaurant chain, plans to enter Malaysia and Indonesia in the next two years and grow its Southeast Asian footprint through franchising.
Domino’s Pizza Reports Huge Profits in Asia
After reporting blowout profits, Domino’s Pizza Enterprises told CNBC its venture into Japan was providing a large slice of its success.