News — Exporter Magazine

  1. Dairy processors in the EU are turning to cheese in an effort to put the market turbulence of a year ago behind them, according to DairyReporter.com. A recovery in global demand, a weaker Euro, and better margins are expected to conspire to prompt an increase in cheese production this year.
  2. China plans to expand settlements of international trade using the Chinese yuan to as many as 18 more provinces and cities to meet rising demand from companies, according to a Bloomberg report.
  3. Swiss watchmaker Fortis hopes to fill a gap consumers didn’t know existed by launching an automatic wristwatch featuring Arabic-language numerals, according to Business Emirates 24/7.
  4. The Irish Food Board (Board Bia) is urging Irish food manufacturers to take risks and experiment in product development by utilising the kind of “regional centres of competition” that helped make Silicon Valley in California the nexus of global software development.
  5. Dairy giant Danone comes out top of the list for category dominance in the European food sector, followed by Unilever and Nestle, according to NutraIngredients.com.
  6. Emirates passengers may apply online for 96-hour and 30-day entry visas to Dubai through its website, a move analysts say will give UAE tourism a significant boost, according to Gulf News.com.
  7. US Commerce Secretary Gary Locke leads an Asian mission for senior executives from 24 American companies to showcase the best of America’s energy, energy efficiency, electricity energy storage, transmission and distribution technologies, according to a UPI report.
  8. nzcurrency-0009-6748825 Bank card transactions amounted to 6.86 trillion yuan (NZ$1.4 trillion) in China last year, accounting for 32% of the country’s total retail sales, according to ChinaDaily.com.
  9. A recent survey published by Facebakers, a site that provides information on Facebook statistics and applications, revealed that 36% of the UAE’s population is registered on Facebook, making it the leader in the Middle East and North Africa (Mena) region, followed by Qatar with 29% penetration.
  10. untangle-key-takeaways-0001-6061927 US express delivery giant, FedEx, has increased its original four 777 freighters on order with Boeing by two, ahead of expected rising cargo volumes, according to the Shipping Gazette.
  11. nzcurrency-0009-2525403 Growth in private label (or store brand) is approaching 20% of dollar value in the US with this market segment being driven by affluent households, according to FoodandDrinkEurope.com.
  12. Five of the aquaculture companies — including Sanford and Sealord — on the trade mission have agreed to work together in marketing mussels within China under a single brand name.
  13. newzealand-4621628 LePhone is customised for Chinese users and has received strong support from top domestic service and content suppliers, including Baidu Inc, Alibaba Group and Tencent Inc.
  14. arabkids-8122860
  15. The UAE’s position as a retail hub makes it the second most attractive venue for international retailers, according GulfNews.com.
  16. The centrepiece of the funding increase is a $234-million boost in support for business research and development over four years, according to a press release from prime minister John Key’s office.
  17. Summerfruit, an early maturing, sweeter green variety, has been picked for the first time in Kerikeri in Northland, according to NZcity.com.

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