Business

MLA said it wants to bolster the 'productivity and profitability' of the grain-fed beef sector

Meat & Livestock Australia pumps cash into feed

By Oscar Rousseau

Meat & Livestock Australia (MLA), the country’s red meat levy board, will invest $12.7m to bolster the competitiveness of feedlot operators via an innovation and marketing push.

The workers want $1.3m from their former employer for alleged abuse and mistreatment

Thai poultry giant faces abuse lawsuit

By Oscar Rousseau

A lawsuit against one of Thailand’s top meat exporters, Betagro, has been opened by 14 Burmese migrant workers who have alleged the mistreatment they suffered amounted to modern-day slavery. 

Ifad awards loan to help raise incomes of 1m poor Bangladeshi farmers

Ifad awards loan to help raise incomes of 1m poor Bangladeshi farmers

By RJ Whitehead

Bangladesh’s government has signed an agreement with the International Fund for Agricultural Development (Ifad) in a bid to increase the incomes more than 1m poor farming households in the country by increasing agricultural production and improving access...

©iStock/dolgachov

ICT making food safety advances possible - FAO

By staff reporter

Advances in information and communication technology (ICT) are leading to improvements in food security and safety in Asia and the Pacific, according to the UN’s Food and Agriculture Organization (FAO).

Mezzan buys majority stake in Saudi’s Al Safi for $24m

Mezzan buys majority stake in Saudi’s Al Safi for $24m

By RJ Whitehead

One of the Gulf’s biggest food and beverage companies has completed the acquisition of 70% of Al Safi Food, effectively granting it a local platform to manufacture and distribute food and beverage products in the Kingdom. 

Americana saga ends after Alabbar’s Adeptio pulls out

Americana saga ends after Alabbar’s Adeptio pulls out

By RJ Whitehead

The on-again-off-again sale of a majority stake in Kuwait Food Co, otherwise known as Americana, to a Gulf-based consortium has been scrapped by the Al Kharafi family, bringing to an end months of negotiations over a deal worth billions of dollars.

Saikexing will be expanding its Chinese operations thanks to a $125m ADB loan.

Saikexing secures $125m to expand in China

By Jim Cornall

China’s number four dairy farming firm Saikexing has secured a $125m loan to reduce environmental pollution, improve food safety, and expand the supply of milk within China.

Indian officials hope the new pork factory will be able to process 400,000 pigs per year

India: Punjab planning 'state-of-the-art' pork facility

By Oscar Rousseau

The government of India’s semi-autonomous Punjab region is planning to build the country’s most advanced pig-processing facility as India’s consumption of pork and reliance on meat imports both continue to rise.

Mintel's Yogmaya Chatterjee

India’s food trends: What’s hot and what's not

By Gary Scattergood

Indian consumers are increasingly aware that all fats are not bad, are demanding more products that offer “complete wellness” and are becoming increasingly opening to exploring alternative proteins and natural sugars.

Why is Zomato more than twice as popular in Melbourne than Sydney?

Australia

Why is Zomato more than twice as popular in Melbourne than Sydney?

By RJ Whitehead

A year after it bought and supplanted Urbanspoon, restaurant review website Zomato now reaches just over 1m Australians each month. Yet market research shows that the service is more than twice as popular in Melbourne than in Sydney. 

Camel milk producer given VAT exemption for trade with GCC

Camel milk producer given VAT exemption for trade with GCC

By RJ Whitehead

Dubai-based camel milk producer Emirates Industry for Camel Milk & Products has been awarded a VAT exemption certificate by the UAE’s Ministry of Economy, which the company hopes will help it increase exports of camel milk to other Arab countries.

Saudi merger turns Foodpanda profitable in Middle East

Saudi merger turns Foodpanda profitable in Middle East

By RJ Whitehead

Global online food delivery company Foodpanda has announced a deal to merge its Hellofood business with HungerStation in Saudi Arabia to create a market leader in one of the world’s biggest food delivery markets.

Mezzan reports slow growth ahead of Saudi JV

Mezzan reports slow growth ahead of Saudi JV

By RJ Whitehead

Kuwait’s Mezzan Holding, one of the Middle East’s biggest manufacturers and distributors of food and beverages, has reported in an increase in second-quarter revenue of 2.4% over the same period in 2015 to KWD52.8m (US$175m), and a 3.9% increase in year-to-date...

Fonterra is turning dairy waste from its Edendale plant into fertilizer for local farmers

Fonterra generates fertilizer from wastewater

By Jim Cornall

New wastewater treatment technology at Fonterra’s Edendale site in New Zealand is turning dairy waste into fertilizer that is being used on local pastures. 

Yesterday (August 8), the RSPO lifted the suspension imposed on the Malaysian palm oil supplier back on April 1. ©iStock

IOI starts long journey to win back major customers

By David Burrows

IOI took just four months to regain its certification by the Roundtable on Sustainable Palm Oil (RSPO), but convincing major customers to take it back could take much longer, according to experts and NGOs.

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