AGP Executive Report
Last update: 4 hours agoCebu Dining: Domestic tourists and local diners are helping restaurants weather slower foreign arrivals, with Cebu operator Nonki Group saying tourists make up just 10% to 15% of customers at its city outlets. Thailand Alcohol Sales: New rules allow hotels, licensed entertainment venues, international airports and selected event and tourist-area venues to sell alcohol on five Buddhist holy days, while the general ban remains. China Dairy: Fonterra is working with Chinese food and beverage companies to develop protein-rich products tailored to local tastes, using six application centres in the country. Durian Exports: Two Davao firms signed deals worth a combined US$27 million to supply fresh and frozen durian to China. Coca-Cola IPO: India’s Hindustan Coca-Cola Holdings filed draft papers for an offer of up to 997.5 million shares; the sale is by an existing shareholder, so proceeds will not go to the company. Convenience Foods: North Korea says its Pyongyang factory makes more than 60 ready-to-eat meals, including curry rice, scallop rice and tofu bibimbap. Rice Supply: Indonesia says it has gone a second year without importing rice, as the government cites efforts to protect food supplies from global disruptions.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.