Nestle Indonesia has high hopes for the prospects of the growth of the ready-to-drink (RTD) beverages segment in the country, having recently broken grown on a new factory dedicated to beverage production.
Coca-Cola European Partners’ acquisition of Coca-Cola Amatil closed yesterday, creating Coca-Cola Europacific Partners. Reporting its Q1, 2021 results this morning, the company sees the impact of the pandemic start to ease, particularly in Australia and...
Indonesia might be taking a novel approach to implementing a sugar tax: if a proposal in front of parliament goes ahead, it will lump an additional levy on soft drinks in with environmental protection measures to fill a gaping hole in public finances.
Owens-Illinois, the world's largest glass container manufacturer, will increase investment in its Jakarta plant, having already increased its production line speed and capacity to support Southeast Asian growth.
Snacks and soft drinks brand owners looking to build traction in Indonesia should target local convenience stores amid a soaring trend for young, wealthy consumers to socialise in this retail space, Euromonitor says.
Vietnam looks set to become one of Asia's primary cocoa producers,
with the government pledging to invest 40 billion
dong (€1.8m) in the country's burgeoning cocoa trade, according to
local news reports.