Topic “Featured News” — Exporter Magazine
Two years after the Hell Pizza co-founder bought the company back from Tasman Foods, the local Burger King franchise owner, the company is once again profitable, growing internationally and on the cusp of restoring local outlet numbers to pre-sale levels, according to the Sunday Star Times. Molecular technologies could now be used to foil fishing fraud and boost traceability by determining the origin of even processed products like canned fish, according to MeatProcess.com. Singapore Airlines’ (SIA) is to launch a low-cost carrier by next year to compete with competitors already taking chunks out of its premium market, and to stand up against Australia’s budget carrier JetStar, which is planning long-hauls to Europe. A new wine that targets women through its perfume-like packaging has been singled out by Datamonitor’s Product Launch Analytics (PLA) team as its Innovation of the Week, according to BeverageDaily.com. With $79 billion of yuan deposits as of April 30, Hong Kong is the largest repository for China’s currency outside of the mainland, and the only place the yuan is commonly used or traded that is free from Beijing’s strict capital controls. New Zealand beef is proving to be a breakout success in Korea where a star turn on the menu of the country’s largest food exhibition is helping to overturn the local perception that beef fed on grain is superior. China’s Sinovel Wind Group Co Ltd has produced a 6mW wind turbine prototype, fresh off the production line which can be used in onshore, offshore and inter-tidal wind farms, according a Xinhua News report found on ChinaDaily.com. Abu Dhabi’s airport is currently one of the fastest growing in the world, and is expected to handle up to 40 million passengers once its USD$6.8 billion expansion plan is complete.