In the News

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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Business capability-building programme shifts shape
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Behind the bamboo curtain
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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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Dry bulk rates on Asian routes set to rise
Rates for mid-sized dry bulk carriers on key Asian freight routes are expected to rise in the near future with tight supplies in the supramax market due to strong intra-Asia demand, according to a Reuters report.
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NZ has first trade surplus in seven months
Rising exports, which make up 30% of the economy, may help New Zealand’s economy this year after an earthquake in Christchurch that will likely subtract from growth.
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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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Shanghai's phone booths get WiFi
The WiFi hotspots will be initially installed in central business areas such as Yuyuan Garden, Yanzhong Park and People's Square, and will be expanded to cover the whole urban area and some suburbs.
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World is coming to NZ: Is your business ready?
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NZ needs GE-free push in meat and biotech
Farmers and exporters should support a wider ban on AgResearch's continuing plans for genetic engineering of animals and other forms of cloning, not least to reassure global markets about what "Made in New Zealand" represents, GE Free NZ said in a press release.
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Poor outlook for Japan's baked goods market
Datamonitor analyst Varun Kumar told BakeryandSnacks.com that, globally, Japan is “at the bottom of the ladder” in terms of bakery sales growth with an estimated CAGR of only 1% for the next five years, whereas countries such as India and China rank highest with 11% and 10% estimated CAGR over the next five years.
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Maersk confirms to buy 10 vessels from Daewoo
The ships are in the Triple-E class based on "Economy" of scale, "Energy" efficiency and "Environmentally" improvement. Maersk Line CEO Eivind Kolding said the new ships would have all the latest environmental features.
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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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