Hong Kong-listed company Biostime International Holdings, a infant formula producer, buys Australian health-supplement maker Swisse Wellness Group for US$ 930 million (AU$ $1.3 billion).

The South Korean government has launched an ambitious project to establish the country as the food trading hub in Northeast Asia. This may be a good opportunity for manufacturers who wish to expand their networks into lucrative markets like China and Japan. By Wong Tsz Hin

APFI About Us

Asia Pacific Food Industry (APFI) is Asia’s leading trade magazine for the food and beverage industry. Established in 1985, APFI is the first BPA-audited magazine and the publication of choice for professionals throughout the industry with its editorial coverage on the latest research, innovative technologies, health and nutrition trends, and market reports.

Asia Pacific Food Industry is published by Eastern Trade Media Pte Ltd. The company owns numerous trade and consumer titles, including Asia Pacific Metalworking Equipment News and Industrial Automation Asia.

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