Last year Korean firms won projects worth $25 billion in the UAE, mainly in the oil and gas, petrochemicals and construction sectors. The most important contract was the Korean Government-owned Kepco winning the engineering, procurement and construction (EPC) contract for Emirates Nuclear Energy Corporation.
New food legislation will mean costly and time-consuming hurdles for New Zealand’s $18 billion food and beverage export sector, according to the NZ Herald.
Tesco hit the headlines last year for delisting 12 Premier Foods Hovis products when it demanded higher on-shelf prices. But other major supermarkets have also suspended or delisted products, or threatened to do so, for similar reasons, especially in the midst of the latest price promotion battle.
NZFSA specialist advisor, Marion Castle says a significant part of the study will be talking with growers face-to-face about their current practices. Information from growers will contribute to future risk profiles and guidance materials.
Since it has been in force, total trade between New Zealand and China increased by more than a third, from $8.5 billion to $11.1 billion, Trade Minister Tim Groser said.
Fonterra chief executive Andrew Ferrier said this week that prices for whole milk powder will probably stay at least 50% above their long-term average on rising demand from emerging markets.
Display advertising is now the fastest-growing internet category.
Shanghai, Guangzhou and Beijing have the highest levels of CO2 emissions per capita among the 22 cities measured by the Asian Green City Index, which evaluates the environmental performance of major Asian cities in eight categories – CO2 emissions, energy, buildings, transport, water, waste and land use, air quality and environmental governance.
