Asia: latest news, insights and analysis | ESM Magazine

Brazil's BRF Posts Net Loss Of $45.7m In Second Quarter

Brazil's BRF SA has reported a net loss for the second quarter, as higher grain prices and the lasting effects of the COVID-19 pandemic weighed on the pork...

Ivory Coast Cashew Processors Seek Govt Aid

Cashew nut processors in Ivory Coast have asked for government aid and protection from competition coming from deeper-pocketed Asian exporters that th...

Pernod Ricard Raises Profit Forecast For Coming Year

Pernod Ricard said it now expects organic profit growth of about 16% for its 2020/2021 fiscal year, up from a previous April forecast of 10%, as...

E-Commerce Sales In Asia Pacific To Double By 2025: Euromonitor

E-commerce sales in the Asia Pacific region are likely to nearly double by the mid part of the decade, reaching a value of $2 trillion (€1.63 trillion...

Argentina Formalises Beef Export Ban, Cites Asian Demand For High Prices

Argentina's government put the official seal on a controversial beef export ban on Thursday, formalising the measure unveiled earlier in the week in the co...

L'Oréal Sales Recovery Picks Up Pace, Helped By China

Lancome maker L'Oréal posted a further pickup in sales in the first quarter, helped by strong growth in China, and said there were early signs that...

Nestlé Champions Plant-Based Food With Investment In Asia

Nestlé has reinforced its commitment to plant-based food with the inauguration of a production site for plant-based burgers, schnitzels, mince, and...

Feed Fight: African Consumers Hit As Asia Gobbles Up Rice Supplies

Tightening global supplies of basic foodstuffs and disruptions to shipping caused by the coronavirus pandemic are driving up the cost of rice, the mos...