Visitors attempt plant-based meat substitutes at restaurants and bars and gourmet Asia Expo on November 11, 2020 at the Hong Kong Convention and Exhibition Center in Hong Kong. Peter Parks | AFP | Getty Images SINGAPORE – Demand for meat alternatives has increased and will continue to grow, but there …
Read More »Politicians are urging people to buy Australian wine in defiance of China
(CNN) – Politicians from various Western countries have asked consumers to buy Australian Australian wine to fight China’s punitive tariffs on beverages. China is China’s most important export market for Australian wine, and amid Beijing’s growing trade war between the two countries, Beijing’s decision to cut tariffs on Australian wine …
Read More »Singapore gave Just Eat the first regulatory approval for lab-grown meat
Eat Just CEO Josh Tetrik owes at least one thing to this Thanksgiving: Singapore’s regulators gave the company the world’s first approval for its cultured meat. The decision paves the way for Eat Just, known for its plant-based egg alternative, which will sell its lab-grown chicken in Singapore as an …
Read More »Beyond Meat (BYND) Q32020 has missed revenue
Meat on Monday said it turned to losses in the third quarter after a coronavirus epidemic weakened demand for its meat alternatives in restaurants. CEO Ethan Brown said some of the blame for its low result lies in customer stopping. Panic-buying at the start of the crisis had boosted Beyond’s …
Read More »Nongfu Spring, a giant Chinese bottled water company, has been in Hong Kong since its inception.
Bottled water from Nongfu Spring at a supermarket in Hangzhou, China. Costphoto | Barcraft Media | Getty Images SINGAPORE: Shares of Chinese bottled water giant Nongfu Spring surged more than 85 percent in Hong Kong’s stock market on Tuesday. The stock reached about 35.00 HKD ((4.52) before opening at HK …
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