Business

LycoRed gets local knowhow for Chinese market

LycoRed gets local knowhow for Chinese market

By Ankush Chibber

Further intensifying its efforts to crack the Chinese market, an Israel-based global premix supplier has inked a distribution agreement to ease into the local food manufacturing space.

Nestlé backs China, greater focus on R&D

Nestlé backs China, greater focus on R&D

By RJ Whitehead

To a backdrop of its slowing growth in the region, Nestlé has revealed that it will double the number of its research and development units in China. The announcement came at the company’s first ever China-centric earnings call from Shanghai.

Probiotics on a charge in Asia, but players must get more organised

Probiotics on a charge in Asia, but players must get organised

With predicted growth of 15 to 20% imminent, probiotics in China and South Asia are destined for big things. But, according to Russell Ward, research director of food analyst Giract, a number of other factors must come into play before the segment reaches...

The US ambassador, in national dress, preparing to sign the agreement

US-Indonesia pact aims to improve food knowhow

The US Agency for International Development has entered into a partnership with the Indonesian Chamber of Commerce and Industry (Kadin) to help address food security and conservation.

NZ funds research for improved seeds and plants

NZ funds research for improved seeds and plants

By RJ Whitehead

A new research programme being co-funded by the New Zealand government and a Chinese-owned seed company sets out to improve seed and plant species for farmers, improve animal productivity and minimise environmental impacts.

Prawn prices continue to rise

Prawn prices continue to rise

Latest figures from commodity analyst Mintec reveal that prawn prices continued to rise in August following the outbreak of early mortality syndrome on the Pacific Rim.

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