Fonterra posts profits drop, cites global dairy price fall
Fonterra has reported a drop in net profit for the 2012 season and cut its final payout to farmers - citing the negative effect of record breaking milk production on global dairy prices.
Archives for September 25, 2012
Indonesian food body voices opposition to halal certification bill
Indonesia’s premier food processing authority has come out strongly against a controversial plan that would make halal certification a must for the country’s entire food and beverage supply chain.
Coke wows Kiwis with personalized PET bottles
Coca-Cola New Zealand is selling PET bottles of Coke personalized with one of 150 names popular in the country, and encouraging Facebook fans to 'share a virtual can'.
Philippines still a good target for food exporters, suggests report
A new report by a government agency in the Philippines has revealed, that in spite of increasing its food production capacity, the country still remains a net food importer, giving cheer to multinational players.
Nuts sold in Australia safe from Salmonella and E.Coli
A survey authored in Australia has found that while the Salmonella and E.Coli contamination of nut products there is not common, an outbreak is a likely outcome if it were to occur.
FSANZ opens review of infant formula regulations
Food Standards Australia New Zealand (FSANZ) is reviewing its infant formula regulations, covering a range of issue including composition, labeling and advertising.