Potato News from Asia

February 06, 2008

Yum reports strong sales in China

Yum Brands Inc., which operates the KFC, Taco Bell and Pizza Hut chains, says fourth-quarter profit slipped almost 1 per cent as strong sales in Chinese and international divisions mostly countered the impact of higher costs.

February 04, 2008

After 17 yrs, McDonald's expects to earn profits in India

Riding on the back of a major expansion spree, global fast food chain McDonald's on Monday said it expects the Indian operations to be profitable from the next fiscal, 17 years after it set up shop in the country. The company, which achieved break-even...

February 03, 2008

McDonald's Maharaja Mac may soon travel by train

Millions of rail travellers may soon have the option of gorging on McDonald's burgers on-board trains, discussions for which are on between the railway authorities and the global fast food giant. Buoyed by the successful bid for opening a restaurant at...

February 02, 2008

KFC fried chicken wings its way into Guinness Records

Qatar Food Company (Americana Group), the franchisee owner of KFC, yesterday set a record for the largest serving of fried chicken at the Villagio Mall.An adjudicator of the Guinness World Records made the announcement and presented a certificate to th...

February 02, 2008

Frito-Lay steps up the fight for the Indian snacks market with new marketing campaign

With the branded snacks market buzzing with new entrants, the FritoLay division of PepsiCo India Holdings has kicked off a marketing campaign “Chala Change Ka Chakkar”, which the company claims is its biggest ever portfolio initiative in 2008. As part ...

January 29, 2008

McDonald's says to open 150 outlets in China in '09

McDonald's Corp, the world's largest fast-food chain, plans to open 150 outlets in China in 2009, the company's top China executive said on Tuesday, as competition heats up in the rapidly expanding market. The company expects to maintain 15 percent ann...

January 29, 2008

McDonalds dice que aumentara presencia en China

McDonald's Corp, la mayor cadena de comida rápida del mundo, está incrementando su presencia en China gracias al aumento tanto de los ingresos como del apetito por la comida occidental, tendencias que también han identificado sus rivales. McDonald's ...

January 29, 2008

Potato Starch plant to open in Kyrgyzstan

South Korean corporation “Bistek” plans to build a potato starch manufacturing plant in Chuy oblast in Kyrgyzstan. Next to potato starch, the plant will also produces a range of secondary products, including protein and bioethanol. All products are in...

January 27, 2008

Frito-Lay launches strawberry flavoured Cheetos in Japan

According to this blog, Frito-Lay has launched strawberry flavoured Cheetos in Japan. The Strawberry flavoured Cheetos joins a chocolate flavoured version and a caramel flavoured Doritos.

January 25, 2008

Frito-lay India ropes in cricket star Dhoni as brand ambassador

PepsiCo India Holdings FritoLay India division has roped in Mahendra Singh Dhoni, youth icon and ODI captain to team up with Saif Ali Khan and Juhi Chawla to launch a FritoLay portfolio promotion called 'Chala Change Ka Chakkar' in February 2008.Dhoni ...

January 21, 2008

Malaysia: 50 more Burger King outlets expected to open in 5 years

Cosmo Restaurants Sdn Bhd, which holds the franchise for Burger King restaurants in Malaysia, plans to open 50 more outlets in the next five years. Director of operations Khaled Hamman said the company was finalising its business expansion plan. “W...

January 20, 2008

McDonald's, Sinopec open joint service station/restaurant in Beijing

China Petroleum &Chemical Corp (Sinopec) and McDonald's Corp have opened their first combination service station and restaurant in Beijing, the Shanghai Business Review reported, citing sources.

January 17, 2008

Yum's experiment in China: 'East Dawning'

With its Chinese lettering and unremarkable name, the fast-food outlet in a Shanghai shopping mall looks like many others selling local fare. East Dawning is crowded with customers on this winter evening, and they're sampling a menu that includes pork ...

January 17, 2008

India's ITC Q3 Net Rises 16 pct, Beats Forecast

India's top tobacco firm, ITC Ltd, on Friday beat market forecasts with a 16 percent rise in quarterly profit, helped by strong growth in packaged foods and hotels, as it bolsters its non-cigarette businesses further.

January 15, 2008

Bengal all set to gain from potato

West Bengal farmers are now on a track to tap profit from potato cultivation and even started several organised potato processing unit in the state. It seemed to them very profitable compared to any other crop within their limit. According to a recent ...

January 12, 2008

Palmolieprijs rondt kaap van 1.000 euro per ton

De palmolieprijs is in Maleisië voor het eerst boven de 1.000 dollar per ton gestegen. Dat is goed nieuws voor de beursgenoteerde plantageholding Sipef. De palmolieprijs steeg de voorbije maanden met 68 procent. Sojaolie, het belangrijkste substituut v...

January 10, 2008

AFT France plans more potato flakes units in India

France-based agricultural company, Advanced Food Technologies (AFT), is planning to set up a couple of potato flakes plants in the Hoogly district near Kolkata. Both the plants with capacity of producing 1200 kg/hour of flakes, would also facilitate...

January 09, 2008

Malaysia to Flood Stores with Cooking Oil amid Panic Buying

The Malaysian government said it would flood the retail market with cooking oil starting Tuesday to overcome panic buying sparked by fears of a shortage ahead of Chinese Lunar New Year festivities. Stores in many states have been depleted of palm oil-b...