Dairy Tycoon Bets on Southeast Asia for Next Leg of Growth

Malaysia’s largest dairy producer Farm Fresh Bhd. is stepping up its expansion across Southeast Asia to grab a bigger slice of the region’s more than half a billion consumers.

The company has built a presence in the Philippines and recently seized an opening in Cambodia after border tensions with Thailand disrupted milk supplies and is preparing to open a plant in the country. It is now eyeing opportunities in Indonesia, where it sees room for rapid growth amid President Prabowo Subianto’s $30 billion free lunch plan and ambitious economic targets.