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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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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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Pepsi's Frito Lay trials less noisy chip bags
The PepsiCo-owned company rolled out the eco-crisp bag in April 2009 but was inundated with protests that the polylactic acid (PLA) material was too noisy. In October 22010, the US-based snack-maker succumbed to consumer pressure and reverted to the original non-biodegradable material for five of its six SunChips brand bags.
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Lyttelton Port, Christchurch to resume vessel unloading
“Fuel and essential supplies are expected to start flowing through the port from Saturday,” the company said in a statement dated yesterday and released today to New Zealand’s stock exchange.
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NZ CEOS help steer Christchurch quake response
Each area will be led by a CEO with specialist knowledge to develop action plans in consultation with Civil Defence and the Government.
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China to build 45 airports over next 5 yrs
By 2015, the country is expected to have 220 commercial airports and its fleet size will expand to more than 4,500 planes
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Bangladesh the new apparel supplier
With many importers switching from China (due to higher cost), Bangladesh has new destinations such as Japan, South Africa, Canada, Australia, New Zealand and some Latin American countries, the report said.
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No intervention for NZ milk prices -- Minister
New Zealand's Green Party food spokeswoman Sue Kedgley has called on the Government to set up a full Commerce Commission inquiry into dairy pricing.
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NZ food exporters face costly compliance bill
New food legislation will mean costly and time-consuming hurdles for New Zealand's $18 billion food and beverage export sector, according to the NZ Herald.
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S Korea eyes more UAE, Middle East projects
Last year Korean firms won projects worth $25 billion in the UAE, mainly in the oil and gas, petrochemicals and construction sectors. The most important contract was the Korean Government-owned Kepco winning the engineering, procurement and construction (EPC) contract for Emirates Nuclear Energy Corporation.
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Coke's says biodegradable packaging not viable
The soft drinks giant was quoted saying: “While biodegradable packaging can be a sound choice for products that are not commercially recyclable, the process of capturing the embodied energy and raw materials in beverage bottles for reuse through recycling is, in our view, a much better option.”
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NZ authority to study how to cut contamination risk in food
NZFSA specialist advisor, Marion Castle says a significant part of the study will be talking with growers face-to-face about their current practices. Information from growers will contribute to future risk profiles and guidance materials.
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Milk powder price at highest level since July 08
Fonterra chief executive Andrew Ferrier said this week that prices for whole milk powder will probably stay at least 50% above their long-term average on rising demand from emerging markets.
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China has world's highest CO2 emmissions
Shanghai, Guangzhou and Beijing have the highest levels of CO2 emissions per capita among the 22 cities measured by the Asian Green City Index, which evaluates the environmental performance of major Asian cities in eight categories - CO2 emissions, energy, buildings, transport, water, waste and land use, air quality and environmental governance.
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Boeing rolls out new 747-8 Intercontinental
According to Reuters report posted by GulfNews.com, the 747-8 Intercontinental will seat 467 passengers, 51 more than the current version of the 747, and burn less fuel while offering passengers more comfort.
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NZ organic wine growers' bold target
At the moment, nationwide, nearly 1500 hectares of vines on 115 vineyards are now managed organically – representing 4.5% of all vineyard land.
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China's Guang Dong provinces buys from Brazil
Guangdong's imports from Brazil rose 11.8% year on year to USD$1.77 billion in 2010.
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NZ's boat builder to build America's Cup catamarans
The New Zealand marine industry is worth around NZD$1.7 billion and employs over 10,000 people. The sector is aiming to grow to $2.6 billion by 2015 and this contract will help attract further business.
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British Airways passengers face higher fare
BA increased its surcharge — a levy imposed on fares to cover the rising cost of oil — after admitting its fuel bill was in excess of £7 million (NZD$14.6 million) a day.
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