News

Apple's DNA mapping completed
More apple varieties with differing crispness, juiciness, flavour and aroma are expected to be bred now that the apple genome - all its genetic material, including chromosomes, genes and DNA - has been determined, according to the NZ Herald.
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French handbag maker LongChamp sees China as top five market by 2013
French handbag maker LongChamp Co Ltd expects China to be among the top five global markets by 2013, a top company official told ChinaDaily.com.
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NZ Customs raises minimum duty for imports
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Saudi Arabia to spend billions on smart buildings
Saudi Arabia is expected to spend SR150 billion (NZD$56.6 billion) in the next eight years for the construction of "smart buildings" all over the Kingdom, according to TradeArabia.com.
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Google's gmail to dive into Skype space
Google Inc said users of Gmail will now be able to call telephones directly from their email, putting it in direct competition with Web calling service Skype and companies such as AT&T Inc, according to GulfNews.com.
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Global gold demand up 36% in Q2
Demand for gold will remain robust during 2010 as a result of accelerating demand from India and China, as well as increasing global investment demand driven by continuing uncertainty over public debt and economic recovery, the World Gold Council (“WGC”), an organisation representing mining companies, said.
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Japan most developed market for nutricosmetics product
Japan is the most developed market in this category while the US is the least, according to NutraIngredients.com, citing Kline's rsearch.
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NZ shippers favour Tauranga & Lyttelton as host for large ships
The debate about which New Zealand ports should handle bigger container ships shifted up a gear today with the New Zealand Shippers' Council anointing Tauranga and Lyttelton, according to Otago Daily Times.
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Dairy, bakery, top functional foods market
Dairy, bakery and beverages account for 72.9% of functional foods in the world’s biggest markets with energy/mood enhancement, gut health and heart health the dominant claims, according to NutraIngredients.com.
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Trading with high risk economies
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Energy drinks running out of steam in US
Despite a massive increase in recent years, new research from Mintel suggests that energy drinks and shots may be struggling to find new customers in the US, according to BeverageDaily.com .
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Aussie lobby group says no to Kiwi spuds
Australia vegetable lobby group AUSVEG’s chief executive Richard Mulcahy says he will be banging on the door of the federal agriculture minister, as soon as he knows who it is, to talk potatoes, according to ABC’s rural news service.
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NZ wine exports up for June year but profit falls
Wine exports are up 5% in the June year, topping NZ$1 billion for the first time, but exporters are getting much less for each litre of wine in what New Zealand Winegrowers call the toughest year in more than two decades, according to Stuff.co.nz.
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Price, eco labels help Kiwis decide purchase
Sellers using eco-labels backed with the right information could make as many as 85% of New Zealanders more likely to buy a product, according to a survey.
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China allows yuan-ringgit direct trade
China for the first time allowed the yuan to trade against the Malaysian ringgit on the domestic market last Thursday in a move signalling China’s intention to progressively turn the yuan into a major global currency, according to a Wall Street Journal online report.
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Green packaging market to reach USD$142 billion by 2015
Greater awareness about environmental disposal hazards and more stringent government regulations are predicted to drive the global market for sustainable packaging to reach $142.42 billion (NZD$200 billion) by 2015, according to FoodProductionDaily.com.
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Lobby says NZ ports ownership stunts competitiveness
Ratepayer control of New Zealand’s ports is a barrier to improving efficiency, dragging down their ability to be truly competitive, both with each other and also Australia, according to the National Business Review.
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Chinese demand for meat drives food processing growth
Rising demand for meat will drive the Chinese food processing industry to record double digit growth, according to FoodProductionDaily.com.
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Kraft seeks technology to keep chocs from meltdown
Kraft Foods is reaching out to industry and academic partners to find a packaging technology that will protect chocolate bars from melting, according to FoodProductionDaily.com.
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South Asia ripe for food, beverage enzymes
Westernised eating habits and the desire for convenient foods to fit into busy working lives are driving demand for food and beverage enzymes in South Asia, according to Foodnavigator.com.
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