The New Zealand government and several private sector companies are jointly investing up to $151 million to overhaul the red meat sector with the hope of lifting the economic value of the sector.
Saudi Arabia plans to build schools, hospitals, housing and other infrastructure projects as part of a five-year plan budgeted at USD$385 billion (NZD$545 billion), according to a GulfNews.com report.
NASA, which pioneered America’s space programme, is to set up shop in the Kapiti Coast town of Otaki, lured to a new technology park targeting green and renewable energy sources, according to New Zealand Trade and Enterprise’s (NZTE) website.
Cathay Pacific has entered into a letter of intent with the Airbus Company to buy 30 Airbus A350-900 aircraft. The airline has also expressed its intention to exercise existing purchase rights in respect of six Boeing 777-300ER aircraft, according to a Transport Weekly.com report.
After more than a decade entering China, Nike has promoted China as its biggest market outside of the United States and is seeking to expand its product to lower-tier cities throughout the country, according to ChinaDaily.com.
The Gulf countries currently import up to 90% of their food products to meet the rising demand with the UAE expenditure alone reaching up to $6.78 billion (NZD$9.53 billion) in 2009, according to TradeArabia.com.
A UK consumer study has uncovered serious misunderstandings about what ‘organic’ food is, with one in four people admitting confusion and one in five believing organic food is lower in fat, according to FoodNavigator.com.
In the search for new market outlets for Corowise plant sterols, Cargill presented a dark chocolate shot at the Institute of Food Technologists (IFT) Food Expo in Chicago, according to BeverageDaily.com.
A global lamb shortage equivalent to three-quarters of New Zealand's production is looming, but the continued erosion of NZ sheep flock means the country is not in a position to satisfy that demand, according to the Otago Daily Times.
The World Trade Organization ruled Monday that Australia's 89-year ban on imports of New Zealand apples is illegal, and ordered Canberra to comply with international commerce law.
Sony and Panasonic, the world's two largest makers of consumer electronics, are slashing some TV prices by a third in China after being outsold 6-to-1 by Shenzhen-based Skyworth, according to a report carried by ChinaDaily.com.
According to TradeArabia.dom, more than 95% of those who took part in a survey conducted by DuPont agreed that customer demand is a key driver for developing products with an enhanced environmental profile.
Nekta Nutrition Ltd, an Auckland based functional food Research Company, beverage manufacturer and exporter has launched a new product with the potential to dramatically improve the New Zealand and Australian baking industries, the company says in a release
New Zealand needs a ban on animal cloning, food from cloned animals and a verification process put in for imported foods to ensure compliance for New Zealand consumers, according to the Soil & Health Association of New Zealand.
