Economics

AFGC names new chief executive

Australia

AFGC names new chief executive

By RJ Whitehead

Australia’s food industry representative body has promoted from within to replace Gary Dawson at its helm.

Chinese demand for international pork continues to grow

World Meat Congress 2016

China’s meat demand ‘higher than expected’

By Oscar Rousseau

China will continue to import huge quantities of pork despite its stagnant economic growth, analysts at the World Meat Congress stressed. 

Childhood stunting costs Philippines almost 3% of GDP

Childhood stunting costs Philippines almost 3% of GDP

By RJ Whitehead

A report by a global children’s charity has revealed that the Philippines economy is losing at least PHP328bn (US$7bn) a year due to the impact of childhood stunting on workforce productivity and education. 

Wellard is the biggest livestock shipping business in Australia

Wellard expects profits, despite ‘complex’ position

By Oscar Rousseau

Australia’s largest livestock shipping business, Wellard, expects its full-year profits to be in line with company estimates, despite a double ship breakdown which cost the business AU$7.7 million in repair fees alone.

Argentina, Brazil and New Zealand all boosted exports of beef to China in 2015

Beef imports rise as China’s growth cools

By Oscar Rousseau

China’s official beef imports surged by more than 50% last year as a government crackdown on grey market meat bolstered formal trade figures, according to a new report.

Palm oil imports may be responsible for as many as 117,000 EU jobs, claims the report

What is palm oil’s economic impact in Europe?

By Caroline SCOTT-THOMAS

The palm oil sector makes a clear contribution to the economies of producer countries – but it also contributes to the economy in importing markets, according to a new report.

Kiwi food industry takes tariff stand in TPP

Kiwi food industry takes tariff stand in TPP

By Ankush Chibber

New Zealand’s food and beverage industry has come out strongly against the possibility of a trans-continental trade agreement that does not fully abolish tariffs in the farm and food sector.

Nestlé’s Asia chief admits errors in India

Nestlé’s Asia chief admits errors in India

By RJ Whitehead

The head of Nestlé’s business in Asia has admitted the company has made mistakes in the way it has approached the India market by ignoring consumers in the country’s massive middle-class over the last decade.

Picture Copyright: Kai Seidler

Time for Chinese beer market to engage the ladies: Mintel

By Ben Bouckley

The Chinese are drinking more beer and buying more expensive varieties, but multinational brewers need to innovate to seize growth opportunities presented by groups such as female drinkers, says Mintel.

Asia drives Remy sales

Asia drives Remy sales

French drinks group Rémy Cointreau has reported double-digit growth
in the first quarter of 2004, driven by strong gains in Asia and
the US, but continued weakness in its domestic market took a toll
on Champagne sales.

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