The Middle East’s organic food market, valued at about USD$227 million a year, is growing at a pace of nearly 20%, mainly driven by the rising affinity of the youth population to embrace healthy and natural lifestyles.
The Wool Packaging Company in the UK has come up with an award-winning eco alternative to oil-based insulated packaging for delivering and distributing temperature sensitive goods.
Denmark’s Maersk Line has declared Egypt’s Port Said as closed to operations because of rioting afflicting much of North Africa, but most seriously in Egypt.
The strength of the Australian dollar is hurting Australia’s wine sales in the US and popular wines are being replaced by cheaper product from Argentina as well as flavour-of-the-month labels from New Zealand, according to Stuff.co.nz.
Food and drink industry survey participants are cautiously optimistic about 2011, with just over 63% of the respondents bullish about market conditions for the sector.
Shaped exactly like the Secure Digital (SD) memory cards now used widely in compact digital cameras, the FluCard comes embedded with WiFi to transmit data to other wireless-enabled devices such as mobile phones, laptops and tablet computers.
The article, quoting Chinese Commerce Minister Chen Deming, said recently that China hopes the US could relax its control on high-tech products export to China.
Launched on November 30 by Nabix, a South Korean developer, the iPhone application “Honey, it’s me!” is warming lonely hearts with the voice of “Mina”, a 20-something virtual woman.
The chocolatier and multinational food company said it would acquire, at an undisclosed price, all shares of the group that controls the Jenny Craig franchise in Australia and New Zealand.
In China, where Datamonitor estimates that soft drinks will grow 14% (CAGR) over the next five years, the market research firm found that healthy drinks are leading lists of new launches.
The report also said China has – after two days of high level talks – agreed to lower restrictions on the imports of wind turbines and telecommunications equipment, and other moves, that could lead to a substantial boost in US exports to the world’s second-largest economy
Through October, the L.A. and Long Beach ports have moved 2.8 million export-carrying cargo containers, up 20% from the same period last year.
China exported $842.74 billion worth of machinery and electronic products in the first 11 months, up 32.7% from a year earlier, Zhang Yujing, director of the China Chamber of Commerce for Import and Export of Machinery and Electronic Products (CCCME) was quoted saying.
Fonterra Chairman Sir Henry van der Heyden said the board’s decision to raise the forecast milk price reflected the continuation of high international dairy prices further into the 2010/11 season.
The fall in vineyard values had increased banks’ “anxiety” about land as security. A large number of companies were on the market, particularly in central Otago and Marlborough, and quite a few were forced sales.
A panel at the Geneva-based trade group on Monday said it agreed that the US was justified in slapping a 35% tax on Chinese tyres under WTO provisions that let countries protect local industries and workers from sharp increases in Chinese imports.
Announcing grants to 26 companies nation-wide in Christchurch this week, Research, Science and Technology Minister Wayne Mapp said that lifting high-tech export business is critical to New Zealand’s future.
The air conditioner, independently developed by Gree, mainly uses solar power, using normal electricity only when solar power is inadequate, said Huang Hui, chief engineer of Gree Electric Appliances.
The government plans to spend close to USD$20 billion on new roads and transport infrastructure over the next five years, and a $36 billion metro system is in the pipeline over the longer term. Qatar is also building an $11 billion airport and a $5.5 billion deepwater seaport, according to Standard Chartered Bank.
According to the State Administration for Industry and Commerce (SAIC), China will have the seventh highest number of registrations with the Madrid System once it files 200 more applications.