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food-and-beverage

Local cheese producer to double output with new factory
Companies 1 year ago

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Local cheese producer to double output with new factory

The cheese producer is a subsidiary of food and beverage manufacturing giant PT Garudafood Putra Putri Jaya.
PepsiCo to kick off snack production in Q1 2025
Companies 1 year ago

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PepsiCo to kick off snack production in Q1 2025

The local arm of US-based PepsiCo committed itself to building the snack factory back in 2023, with investment estimated at US$200 million over a 10-year period.
Boycott continues to hit bottom lines of firms with perceived Israel ties
Companies 1 year ago

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Boycott continues to hit bottom lines of firms with perceived Israel ties

Analysts suggest that the affected firms exercise caution in any business expansion until the effects of the boycott movement subside and focus on making their products appealing to consumers.
Indonesian yogurt chain Sour Sally swirls into UAE, Saudi Arabia
Companies 1 year ago

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Indonesian yogurt chain Sour Sally swirls into UAE, Saudi Arabia

Sour Sally CEO Donny Pramono says the franchise fee for UAE and Saudi Arabia is quite significant, around US$1 million, excluding royalties and other costs.
Indonesia to run thousands of kitchens as free meals initiative starts in January
Regulations 1 year ago

Indonesia to run thousands of kitchens as free meals initiative starts in January

Indonesia will open thousands of kitchens across the country next year as the incoming government led by president-elect Prabowo Subianto kicks off his multibillion dollar free meals program, the head of the agency running the initiative said on Tuesday.
'Eventonomics' as a new perspective on growth
Academia 1 year ago

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'Eventonomics' as a new perspective on growth

As Taylor Swifit's concert across the strait in Singapore showed, Indonesia needs to jump on the "eventonomics" bandwagon and focus on elevating music and arts events as economic drivers, not a mere "side dish".
F&B industry slashes growth target to 5 percent
Economy 1 year ago

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F&B industry slashes growth target to 5 percent

A business association now expects sales growth in the sector to slow to 5 percent this year, far below its previous projection of 7-9 percent.
Food industry seeks more local inputs amid costly imports
Markets 1 year ago

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Food industry seeks more local inputs amid costly imports

A hike in production costs is to be expected in the near future, but firms are unlikely to raise their product prices anytime soon, thereby eating away at their margin in the process.
Domestic beverage industry expects 5 percent sales growth in 2024
Markets 2 years ago

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Domestic beverage industry expects 5 percent sales growth in 2024

Ready-to-drink beverage sales have remained subdued despite major holidays and events that had been expected to boost sales.
Foreseeing the potential economic growth risks for this year
Academia 2 years ago

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Foreseeing the potential economic growth risks for this year

The absence of specific policies to protect the middle-income group has caused the current rise in food prices to erode the purchasing power of that group, resulting in a decrease in their spending allocation for secondary and tertiary consumption. 
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