In the News

Chinese owners jostle for share of China's bottled-water market
Last year Chinese consumed 21 billion litres of mineral water and annual sales of premium-bottled water are expected to top 10 billion yuan (Z$2 billion) in five years, according to ChinaDaily.com.
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Japan's MOL raises freight rates for US to Asia, Mid east, Oceania
Japanese shipping line MOL will implement a general rate increase of US$160 (NZ$219) TEU and $274 per FEU as well as on 40-foot high cube boxes from June 1 on cargo from Canada to Asia, which includes west Asia and the Indian subcontinent.
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Sustainable packaging as a way to consumers' heart
In its consumer surveys carried out in 2008 and 2009, Datamonitor found that 25% of global consumers said products with reduced packaging had a high or very high degree of influence over their purchases, with the same number saying they bought such goods most or all of the time.
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Izon to unveil new nano particle measuring tool in Chicago biotech fair
New Zealand’s Izon Science will unveil its latest breakthrough in nanoparticle analysis in the US this week, introducing its latest nano particle measurement system at the BIO International Convention in Chicago which runs from May 3 to 6.
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NZ's aquaculture reform sets indusry on course for $1 billion future
The New Zealand cabinet has agreed to a range of amendments that will help boost the sector's potential to generate sustainable economic growth for the industry in New Zealand.
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DHL sees growth in South Asia Pacific trade lanes
DHL has set its sights on air and ocean freight shipments between China and the South Asia Pacific (SAP) region, an area which has shown the fastest growing intra-Asian trade by volume.
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UK lobby group wants less salt in Indian ready meals
Indian ready meals and accompaniments sold in UK supermarkets contain “frankly outrageous” levels of salt, according to a survey by UK lobby group CASH (Consensus Action on Salt and Health).
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Global beverage makers turn to niche to grow markets
European and North American beverage makers are increasingly turning to producing niche products, no longer relying on their strong brands to grow market share.
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Japan Airlines slashes 40% of its international operations
The indefinite suspensions of 15 international and 30 domestic routes bring Japan Airlines Corp's total route cuts to 78, effectively slashing 40% of its international operation and 30% of domestic operation. The airline, known as JAL, had suspended 33 routes during the fiscal year ended March.
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Gulf region has ambitions to tap renewal energy
The Abu Dhabi Future Energy Company (Masdar) is building a US$22-billion ($NZ30.71 billion) carbon-neutral city in the desert near Abu Dhabi to be powered entirely by renewable energies including solar power.
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US food makers join New York city go-low on salt campaign
Sixteen major food companies have become the first to commit to New York City’s National Salt Reduction Initiative. The 16 companies that signed up to the program include some key players in the industry, such as Kraft, Unilever, Heinz, and McCain Foods.
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China ranks world no 4 on international tourism spending
Chinese tourists spent US$44 billion (NZ$61.4 billion) on their travels abroad in 2009 despite the global economic downturn, propping up other economies by eating out, occupying hotel rooms and visiting attractions.
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China to slap anti-dumping levy on US chicken products
China's Ministry of Commerce ruled this week broiler chicken products imports from the United States were subsidised, and as a result would be levied from 3.8 to 31.4% in anti-subsidy duties.
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French food safety body wants systematic BPA info on food packaging
The French Food Safety Agency (AFSSA) has recommended that consumers should be alerted to the presence of bisphenol A (BPA) in packaging via a system of “systematic labelling”.
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Rugby World Cup already NZ's largest money-making event
Fans flooded an official website calling for applications after it opened yesterday morning and demand had reached nearly 90,000 match tickets in the first six hours.
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Asia Pacific air cargo demand rise in March
The Association of Asia Pacific Airlines says passenger and cargo traffic volumes are close to returning to levels last achieved before the recession began to hit hard in mid-2008. Careful management of capacity has also helped improve airline assets.
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US organic food sales rose 5% in 2009
US organic food sales were up 5% last year, while general food sales grew by just 2%.
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China and Japan plan largest online mall in Beijing
Baidu and a Japanese e-commerce operator called Rakuten plan to establish China's largest online mall in Beijing's Tongzhou district to capitalise on China's growing online trade.
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DHL sees Asia freight demand increasing
DHL expects airfreight demand from Asia to pick up this year with China leading the demand. Global imbalance of supply and demand will continue into Q2 and Q3, so capacity is likely to stay tight.
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S Korean govt ponders more cash support for foreign investors
Foreigners who invest in South Korea will get more cash support from the government starting next year. Currently, the country provides around 15 billion won in cash support for foreign investments annually.
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