TagsExpansion

News: expansion

Jollibee pushing aggressive growth plans

Philippine-based Jollibee Food Corporation (JFC) is focusing on rapid expansion, aiming to grow in the US, Europe, the Middle East, Asia, and Australia. Recently,...

eFeed secures funding for expansion in India

Indian feed startup eFeed has secured USD 120,000 in funding to expand and scale up operations globally. In January 2023, it raised USD 1...

McDonald’s to invest USD43m on new restaurants in Sabah

From 16 restaurants currently, McDonald’s Malaysia will invest USD 43 million to open 36 new restaurants in Sabah by 2030. Managing Director Azmir Jaafar said...

New policies fuel Vietnam’s livestock expansion

The Ministry of Agriculture and Rural Development is working on incentives for farm expansion and development. Among the proposals is to give livestock farmers...

Nova Consumer to expand pig production

Nova Consumer, a pig integrator in Vietnam, has received USD 17.5 million from German bank Kreditanstalt für Wiederaufbau to expand its breeding herds and...

BaF Vietnam eyes leading spot with value chain expansion

BaF Vietnam (BaF) has been continuously establishing new pig farms over the past two years. The company aims to become one of the three...

Pig prices up, farmers told not to rush expansion

Rising feed costs and sporadic PRRS outbreaks in some northern Vietnam provinces have driven pig prices up in the past few weeks. However, as...

Cimory allocates 50% of 2022 capex for expansion

Indonesia’s consumer food and dairy producer Cimory will allocate 50% of its USD 80 million capex budget this year to increase the production of sausages,...

Japfa Vietnam to expand feed production to 1.5mt

Japfa Comfeed Vietnam will expand its feed production capacity by building a new feedmill and adding an aquafeed line in an existing mill. “We will...

Nova Consumer to expand pig production five-fold by 2025

Vietnam’s Nova Consumer, a member of NovaGroup, aims to double its current commercial pig population this year and increase it by five times to...

BaF beefs up breeding herd with modern farm

BaF Vietnam Agriculture has inaugurated a breeding farm in Tay Ninh province. The farm has a capacity of 30,000 gilts, producing 60,000-75,000 piglets/year. It...

BaF targets 2.5 million finishing pigs in 2026

As part of its development strategy for 2021-2026, BaF Vietnam plans to construct 35-40 farms to house 65,000-70,000 sows and 2.5 million finishing pigs....

Mavin receives USD52m from IFC to expand pig production

Mavin Group JSC has received USD 52 million from the International Finance Corporation (IFC) and the IFC Emerging Asia Fund to expand its pig...

Entobel raises USD30m to scale up production

Vietnam-based insect protein producer Entobel has raised USD 25 million from Mekong Enterprise Fund IV and USD 5 million from Dragon Capital to scale...

Indonesian feed production rises despite rising input prices

Some feed producers in Indonesia continue to consider expansion despite rising raw material prices. However, Desianto Budi Utomo, General Chairman of the Indonesian Feed Producers...

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