a2 Milk Company seeks to raise NZ$43m to finance international growth
The a2 Milk Company (a2MC) is seeking to raise NZ$43m (US$28.5m) to support growth in Australia, New Zealand and key international markets.
Archives for October 7, 2015
Dateline Southeast Asia
Traffic-clogged streets behind Singapore’s online grocery sales rise
The number of online grocery purchases is soaring in Singapore, a city where its time-poor citizens are chocking with traffic.
Middle Eastern nutraceutical market to break $9bn in 2015
The Middle East and North Africa (MENA) nutraceuticals market will be worth US$9.1bn this year, with growth set to accelerate up to 2020, according to a new report from Future Market Insights.
Report slashes Halal growth forecast
Thompson Reuters has cut its growth forecast for the global Halal food market, saying the market will grow to just under US$1.6tn by 2020, instead of 2018 as predicted last year.
Australian pork executive challenges quality assurance scheme
The outgoing president of the West Australian Pork Producers’ Association (WAPPA) has used his final speech to the organisation’s AGM to question aspects of the industry’s quality assurance scheme.
China drives MSG growth both domestically and in exports
Developing countries in Asia account for roughly 90% of the world’s monosodium glutamate consumption, out of a 3m tonne market worth US$4.5bn.
Oman oyster project cuts mortality to 1%
An aquaculture project at Oman’s Almouj Marina has produced high-quality oysters with almost zero mortality, as researchers plan to refine the shellfish and ramp up production.