News

NZ software helps solve "What should I major in" issue
In what the company says is “the first and only software of its kind in the world” No Major Drama (www.nomajordrama.com) (NMD) offers an internet-based tool that enables users to create personalised rankings of majors available for Bachelor (under-graduate) degrees in the US and Canada. Each user’s...
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UK bans open display of tobacco products
Cigarettes and other tobacco products must be kept out of sight in large stores and supermarkets by 2012 and in small shops by 2015.
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Kenya to launch new medicinal tea variety
Kenya launched two new tea clones last year that are tougher in drought. The research foundation said the two, TRFK 371/3 and TRFK 430/90, yield about 50% more and enhance profitability on better quality.
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Chile's Unifruitti aims to triple cherry exports
According to general manager Juan José Villasante, Unifrutti will invest US$12 million to boost production capacity and modernize four of its eight production centers in Teno, Linderos, Requínoa and Copiapó.
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NZ reviews R&D strategy to boost innovation
The review is being conducted by the Ministry of Science and Innovation (MSI) using an independent panel. It will focus on access to and uptake of R&D by the sector.
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IATA lowers industry profit forecast
IATA raised its average oil price forecast to $96 per barrel, up from $84 in December, factoring in the impact of fuel hedging which is roughly 50% of expected consumption.
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China's clean energy ambition
The country also plans to build hydropower stations along major rivers such as the Jinsha River, Yalong River and Dadu River with an installed capacity of 120 million kw.
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China targets higher urban and rural income
The Chinese government also plans to create an extra 45 million urban jobs over the next five years, the report added.
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Aussie sheep meat returns steady
The recent flooding in the eastern Australian states will underpin flock growth in the short term as producers try to maximise their returns from the increased feed on offer after years of drought.
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China extends cross-border yuan trade
China has been expanding pilot programs for cross-border trade yuan settlement since last year. The People's Bank Of China has expanded the trial scheme to 20 provincial regions so far.
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Aussie favourite choc Aero moves home
Aero chocolate bars are now being made in the company's Campbellfield factory in Victoria, to a new formula designed to appeal to Australian tastes. Aero is the latest Nestle chocolate bar to return to Australian production in a strategy the company started about two years ago.
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US businesses eye domestic Chinese market
More US businesses seek expansion in China to cash in on the expanding domestic market, rather than seeing China as only a processing and export hub, according to Xinhua News.
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China bans two bleaching agents used maily in flour
Manufacturers are no longer allowed to produce the two food agents or use them in flour production beginning May 1, 2011. However, flour and related products containing the additives are allowed to be sold until the shelf life of such products expires.
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Non-Zespri kiwifruit to hit Thai, HK markets
Zespri, which also supports the First Fresh move, says First Gold will occupy retail space not currently filled by New Zealand-grown kiwifruit.
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Asia soft drinks market supports closures market
Drinks market research specialist estimates that total demand across the soft drinks and beer markets stood at 1055 billion closures in 2010 (including plastic and metal closures, plus ring-pulls). And over the tough economic period of 2008-2010 overall global growth was 2.2%.
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