News — Exporter Magazine

  1. Japanese retailer Uniqlo is aggressively expanding its Korean operations, with plans to open five new large stores in Seoul, Busan, Ilsan and Suwon in the second half of the year, according to Korea Time’s online report.
  2. India’s jewellery export share in the world market is expected to double by 2015 from the current 20% following the high demand in overseas market, according to Times of India.
  3. The global financial crisis has increased the reliance on meat markets in emerging markets, as consumers in traditionally high-value markets trade down the value of cuts they buy, according to Otago Daily Times.
  4. managing-the-credit-0000-5055661 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.
  5. spoilt-for-choice-0011-1060532 Rising demand for meat will drive the Chinese food processing industry to record double digit growth, according to FoodProductionDaily.com.
  6. 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.
  7. 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.
  8. uae-1131238 The firm behind a new breed of microscopic salt crystals that can help manufacturers slash sodium and retain their clean label status is conducting its first trials on cheese, according to Foodmanufacturer.co.uk.
  9. The new Tait Key Management Facility (KMF) is a flexible, powerful tool for any agency seeking to confidently and efficiently manage its P25 encryption across their entire fleet. This managed encryption helps remove the threat of eavesdroppers listening in on private conversations between public safety first responders.
  10. 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.
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  12. McCain Foods last week announced a $19-million upgrade of the existing Hastings plant in Hawkes Bay, according to Voxy.com.
  13. 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.
  14. spam-canned-with-software-0020-3614655 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.
  15. HSBC has completed its first New Zealand cross-border renminbi (RMB) transaction directly with China, the bank said in a press release.
  16. Lufthansa Cargo (LC) is set to raise its global freight rates by 20% on 1 October, according to a freight news report from IFW.com.
  17. 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.

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