The best news from Asia and the Pacific on food and beverage industry

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Last update: 10 hours ago

Deal Watch (India): Advent International is putting $150m into Iscon Balaji Foods for a significant minority stake, backing the maker of frozen processed potato products as it scales exports and domestic supply. Energy & Food Prices (Philippines): The World Bank warns the country’s broad economic slowdown could hit household incomes and push up food prices, with agriculture and construction already shrinking as an energy shock bites. Retail & Dining Tech (Australia): Sydney’s Qudos Bank Arena is set to become Afterpay Arena, with a five-year deal aimed at letting fans split ticket costs and pay for food, drinks and merch with integrated payment flexibility. Coffee Chain (India): Tata Starbucks narrowed its FY26 net loss to about US$5.1m as revenue rose 7% on stronger same-store sales and it crossed 500 stores. Food Safety & Operations (China): A knife attack at a Japanese restaurant in Shanghai injured three people, prompting renewed attention on workplace security. Consumer Culture (UK): Waitrose launches Michelin-inspired ready meals with Gymkhana, priced under £5, betting on celebrity-linked demand.

Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result.

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