Turners & Growers’ red kiwifruit variety is now on sale in Italy, according to Radio New Zealand.
South Island icecream maker Deep South is scooping up market share in the North Island – and also in Australia, Japan and China, according to BusinessDay.
New Zealand’s sawn timber exports to China have been ‘hammered’, while raw log shipments surged in the wake of Beijing’s efforts to cool the economy and amid increased sales by rival forestry nations such as Canada, according to Scoop.co.nz.
Fedex, a subsidiary of FedEx Corp. and the world’s largest express delivery company, has launched an interactive campaign that puts insight and intelligence on global trends at the fingertips of businesses of all sizes and in all geographies.
Petroliam Nasional Bhd-controlled shipping liner MISC Bhd is discontinuing its container shipping business that has lost US$789 million (RM2.52 billion) the past three years to better focus on serving clients in the energy sector, according to the Edge financial daily. Meanwhile struggling Chilean container line CSAV is also looking for a buyer for its container business.
Argentina is poised to release onto world markets a fresh batch of wheat exports whose low prices are creating nerves even in the Black Sea, often seen as the most competitive origin for exports of the grain, according to AgriMoney.com.
Central China river city Wuhan recently worked out a plan which involves spending 53 billion yuan (US$8.33 billion) on port development in the 12th National Five-year Plan.
Global container ship operators, hammered by high costs, oversupply and flagging demand, are cutting shipping capacity to shore up freight rates depressed by a sluggish global economy, according to a Reuters article.
Chinese officials have made good on their threat to launch a trade investigation of their own into US subsidies for renewable energy products, according to a Nasdaq community website post citing AFP.
The World Bank has projected a growth of 9.1% for China in 2011, followed by a slower growth of 8.4% in 2012, according to Xinhua News.
Hong Kong, offering one of the best business environments globally, ranked the second in a World Bank business ranking, according to a Xinhua News report.
Melding cultural relevance and sustainable design has won an AUT Master of Philosophy student a spot in the the top 20 of the International Bicycle Design Competition, according to Design Daily.
Denmark’s Maersk Line has announced it will impose a series of general rate increases (GRI) and peak-season surcharges for its Far East Asia services in December, according to the Shipping Gazette.
Mexico maintains its leadership as the world’s largest exporter of avocados with exports growing over 25% in the last decade to US$672 million in 2010 from $73 million in 2000, according to Mexican Business Web.
Australian online grocery retailers have been happy beneficiaries of Coles and Woolworth’s shift to private label brands, saying there is no shortage of manufacturers willing to sell their brands through the websites, according to the Sydney Morning Herald.
Russia, a major importer of apples, will slash import duties on this fruit by nearly half after joining the World Trade Organistion, and then further half the duty by 2017, according to FruitInform’s website, citing Interfax.
Kiwifruit marketer Zespri has been busted for trying to block sales of cheaper rival Chilean kiwifruit in South Korean supermarkets and has been fined nearly $500,000, according to the Dominion Post.
The trans-Pacific and Asia-Middle East trade lanes are most likely to bear the brunt of rate plummeting, as deliveries of ultra-large container ships deliveries peak in 2012 and 2013, according to the Journal of Commerce.
Although the yuan is currently facing appreciation pressure, it’s possible that the currency will face depreciation pressure within two years, when China’s trade surplus falls to zero, according to ChinaDaily.
Turners & Growers’ red kiwifruit variety is now on sale in Italy, according to Radio New Zealand.
South Island icecream maker Deep South is scooping up market share in the North Island – and also in Australia, Japan and China, according to BusinessDay.
Petroliam Nasional Bhd-controlled shipping liner MISC Bhd is discontinuing its container shipping business that has lost US$789 million (RM2.52 billion) the past three years to better focus on serving clients in the energy sector, according to the Edge financial daily. Meanwhile struggling Chilean container line CSAV is also looking for a buyer for its container business.
Argentina is poised to release onto world markets a fresh batch of wheat exports whose low prices are creating nerves even in the Black Sea, often seen as the most competitive origin for exports of the grain, according to AgriMoney.com.
Central China river city Wuhan recently worked out a plan which involves spending 53 billion yuan (US$8.33 billion) on port development in the 12th National Five-year Plan.
Chinese officials have made good on their threat to launch a trade investigation of their own into US subsidies for renewable energy products, according to a Nasdaq community website post citing AFP.
The World Bank has projected a growth of 9.1% for China in 2011, followed by a slower growth of 8.4% in 2012, according to Xinhua News.
Hong Kong, offering one of the best business environments globally, ranked the second in a World Bank business ranking, according to a Xinhua News report.
Mexico maintains its leadership as the world’s largest exporter of avocados with exports growing over 25% in the last decade to US$672 million in 2010 from $73 million in 2000, according to Mexican Business Web.
Australian online grocery retailers have been happy beneficiaries of Coles and Woolworth’s shift to private label brands, saying there is no shortage of manufacturers willing to sell their brands through the websites, according to the Sydney Morning Herald.
Russia, a major importer of apples, will slash import duties on this fruit by nearly half after joining the World Trade Organistion, and then further half the duty by 2017, according to FruitInform’s website, citing Interfax.
Kiwifruit marketer Zespri has been busted for trying to block sales of cheaper rival Chilean kiwifruit in South Korean supermarkets and has been fined nearly $500,000, according to the Dominion Post.
The trans-Pacific and Asia-Middle East trade lanes are most likely to bear the brunt of rate plummeting, as deliveries of ultra-large container ships deliveries peak in 2012 and 2013, according to the Journal of Commerce.
Although the yuan is currently facing appreciation pressure, it’s possible that the currency will face depreciation pressure within two years, when China’s trade surplus falls to zero, according to ChinaDaily.
