Search Results for: Mongolia

Growing Asian dairy markets are increasingly regulating the health claims that could be made on packs of food, a trend that is impacting international dairy exporters from Europe as much as local dairy producers.

A key example is Taiwan, that will in 2022 forbid the word ‘healthy’ on food items except foods that have received special health food permits.…

THE NEW president of FATF, who took office on July 1, is planning to expand the global AML’s current focus on wildlife trade offences to other environmental crime, such as illegal logging, slash-and-burn cultivation and unlawful waste disposal.

Speaking to the MLB on July 2 in his first media interview after taking on this new role, Dr Marcus Pleyer, from Germany, stressed that the United Nations Environment Programme (UNEP) has said illicit proceeds from environmental crime could total USD259 billion annually worldwide.…

THE FINANCIAL Action Task Force (FATF) has confirmed high risk AML/CFT jurisdictions on its grey and black-lists have another two months to sort out their AML/CFT weaknesses because of COVID-19 – consideration of further blacklisting and additional measures will be postponed until that deadline.…

Representatives of international food brands and analysts have told just-food that China’s State Council’s approval of 46 new pilot zones for companies conducting cross-border e-commerce, a move designed to help the country’s economy withstand the blows landed by the Covid-19 epidemic, also present opportunities to foreign food brands selling to Chinese consumers. …

CHINESE consumers, especially in younger generations such as Millennials and Generation Z, are increasingly concerned with eating healthily- and that includes snack choices. In a trend that may increase following the Covid-19 outbreak, sales of yoghurts, nut snacks and snack bars have all seen soaring growth in sales in recent years.…

Given the recent surge in popularity in healthy snacks within China, market researchers predict that sales of yoghurt, nut snacks and snack bars will continue to grow in upcoming years. The market for chilled yoghurt sales in China is expected to jump 91% to Chinese Yuan Renminbi CNY70.7 billion (USD9.9 billion) in 2023 from CNY36.9 billion in 2018, thanks to anticipated improvements in cold chain technology across China, according to market researchers Frost & Sullivan.…

International food majors have told just-food how they are meshing their recipe development with Chinese government plans to reduce salt, sugar and edible oi consumption within the diets of Chinese consumers.

Their comments follow the mid-July reveal by China’s State Council (effectively its cabinet) of a ‘Healthy China Action Plan (2019-2030)’ targeting food processors and consumers.…

MONGOLIA’S grassland ecology has always lent itself to livestock and hence milk production, so it is no surprise that the development of a dairy industry has been a priority for its government and international institutions.

A five-year loan worth USD12 million from the European Bank for Reconstruction & Development via Mongolia’s XacBank announced in February (2019) is just one such related initiative.…

EASTERN Europe remains a highly diverse market, where major beauty brands must think strategically to achieve economies of scale and a regional presence that really deliver profits. This is also a region where some markets are significantly bigger than others – with Russia and Poland being key targets.…

Malaysia’s money laundering regulation and policies may be on par with international best practice, but their implementation has been tested of late, experts say. These concerns have been sharpened by the scandal related to Malaysia’s sovereign wealth fund 1 Malaysia Development Bhd or 1MDB, with Malaysia’s former Prime Minister Najib Razak accused of channelling more than Malaysian Ringgit MYR 2.67 billion (USD700 million) from the fund to personal bank accounts.…