Volatile variability: Unilever India stresses caution for food business despite positive growth

HUL recently announced its Q2FY2023 financial results, reporting a 6.4% year-on-year revenue growth to INR153.3bn (US$1.85bn) and 8% year-on-year net profits growth to INR24.7bn (US$298.8mn).Company executives described this achievement as…

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Japan Focus: Sapporo’s AI-developed alcoholic beverage, Kirin’s focus on functional drinks, international food trade collaborations and more

Sapporoâs AI-developed alcoholic beverage, Kirinâs focus on functional drinks, Japanâs new international trade agreements to boost food security, increased consumption of fruits and vegetables, and latest research findings feature in…

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Mitigating ‘business risk’: Nestle expands APAC sustainability initiatives with regenerative projects in Australia

The food and beverage giant announced this at the COP27 United Nations Climate Change Conference, pledging to implement regenerative measures that would benefit the local food supply chain and natural…

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Danone to cut methane by 30% by 2030 through regenerative farming, feed innovation

According to the International Energy Agency, agriculture was the chief source of methane emissions caused by human activity in 2021. The majority of those emissions come from enteric fermentation, where…

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Paper power: Nestle moves plastic reduction ambitions one step closer to APAC region with Australia pilot

Food and beverage giant Nestle has long been vocal of its ambitions to tackle plastic packaging usage and reduce the use of this in the name of sustainability.But the majority…

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Hard times ahead: Malaysia palm oil sector growth outlook grim due to labour, climate and economic woes

In the recent Pointers palm oil seminar hosted by the Malaysian Palm Oil Council (MPOC), CEO Wan Aishah binti Wan Hamid highlighted how these factors were hitting the sector.This is…

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Food development focus: UAE government highlights strengthening of local food security as key 2023 goal

The United Arab Emirates (UAE) government has highlighted efforts to boost local food security as a key goal for the country to transform its food supply system in 2023, alongside…

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GM food in India: Debate reignited after food security and trade concerns drive government to assess rules

The Indian government appears to be softening its stance as âno-GMOâ country in light of ongoing food security and trade disputes â sparking fresh debate in the country...Read More

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