If the Chinese government gives in to mounting international
pressure to revalue its currency, it could spell the end of cheap
exports, a move that many anticipate would have a knock-on effect
on raw materials costs for the food industry....
Environmental campaign group Greenpeace is warning that the food
supply in the Philippines could be at risk from illegal GM rice
contamination originating in the US and China, with potentially
damaging costs to manufacturers in extraction.
Thailand is likely to start developing genetically modified crops
in order to maintain its competitive edge in the global food export
business, said an official from a government science body last
Thailand's food exports will increase significantly next year
thanks to improvements in product quality, as well as improving
economies in its main export markets, predicts the
government-backed National Food Institute (NFI).