Archives for September 17, 2012

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FDI throws a lifeline to India's crumbling supply chain

By RJ Whitehead

As the dust settles on Friday’s announcement by the Indian government to finally allow foreign direct investment in multi-brand retail, it is becoming clear that the country’s beleaguered supply chain will be one of the major winners.

Vietnam also faces Japanese heat on ethoxyquin

By Ankush Chibber

After India, Vietnam has become the second seafood-exporting nation to face the brunt of new Japanese regulations that will lower the acceptable levels for a key anti-oxidant used in fishmeal.

Dole confirms Itochu buy-out

Dole Food has reached an agreement with Itochu Corporation of Japan to sell its packaged goods and Asia Fresh Produce businesses for US$1.69bn in cash.

Australian consumers still eating local

By Ankush Chibber

Australian food producers have hit on a some good news after a new survey revealed that  Australians like to eat local food and shun imports.