Japanese food safety authorities have ordered further testing, after two cows were diagnosed with Bovine Spongiform Encephalopathy (BSE) during preliminary screening, Tom Armitage reports.
South Korea's Lotte Confectionery Company, the country's largest
snack food manufacturer, has acquired a 100 per cent stake in a
Chinese confectioner - a move which will not only bolster its
influence among China's...
French dairy giant Danone has received approval from the Chinese
authorities to more than double its existing stake in China's
biggest dairy company, Tom Armitage reports.
The Philippines may have to import more rice than it has for seven
years if a prevailing drought cuts rice production as feared,
suggested a senior agricultural official.
Heineken last week announced its decision to acquire a 40 per cent
stake in the Chinese brewery Jiangsu DaFuHao, after intimating in
its February results that it would continue to look for investment
opportunities.
The Australia and New Zealand Food Regulation Ministerial Council
met in Adelaide today to discuss the standards and regulations that
govern the countries' food industries.
Chicken breeders in Indonesia are being forced to slaughter their
stocks as they fight to prevent the spread of bird flu throughout
the country - a battle which they currently appear to be losing.
South Korea's Food and Drug Administration has begun inspecting
outlets of fast food restaurant operators after the Chinese
operation of KFC admitted that it had discovered traces of the
banned food dye, Sudan 1. The threat of...
The future of the milk formula market in China lies with better
product quality and greater brand loyalty following the revelation
last year that much of the formula on sale there was fake. The move
towards higher margin products...
Enzymotec, the Israeli company which develops lipid-based
ingredients for the nutraceuticals and functional foods markets, is
hoping to take advantage of a perceived demand for healthy cooking
oils in the Asia Pacific region.
As Chinese consumers become more aware of genetically modified (GM)
food, rejection of the technology is also growing in China,
according to Greenpeace.
Thirty-two Chinese companies are to appeal against a ruling by the
US Department of Commerce which found them guilty of dumping large
quantities of shrimps onto the US market and imposed punitive
import duties.
China is becoming an increasingly potent force in the worlds food
market, with sales continuing to grow each year in line with
substantial gains in consumer spending power, writes Chris
Jones.
Indofood, Indonesia's biggest food company, has reported 2004
profits severely hit by the devaluation of the rupiah, but remains
hopeful of an upturn in 2005 following efforts to reduce its
exposure to exchange rates and the...
One of Asia's biggest food retailers, Dairy Farm, has this week
announced strong sales growth for 2004 helped by the recovery of
many local economies and a raft of recent acquisitions. But
increasing competition from European...
