Search Results for: food
10 results out of 5329 results found for 'food'.
TOBACCO AND VAPE FLAVOURINGS INNOVATION STILL THRIVES, DESPITE TIGHTENING REGULATION
“Flavours have been the best thing that has happened to the tobacco industry,” wrote US company Revival Vape in a recent blog on the growth of the electronic cigarette sector and the popularity of non-tobacco flavours.
It is not just vaping which has capitalised on the variety of flavours that can be created to drive sales.…
INFLATION AND RECESSION WORSENS ML
While forecasts of a global recession are far from conclusive, the World Bank has in its latest international economy assessment released in September (2022) warned that such a downturn is a real possibility for 2023. (1) The reason is potential government spending tightening to deal with inflation rates not witnessed since the 1990s or earlier: “To stem risks from persistently high inflation, and in a context of limited fiscal space, many countries are withdrawing monetary and fiscal support,” noted the bank.…
URGENT ACTION NEEDED TO SAVE EU TEXTILE SECTOR, SAY EXPERTS
The European Union (EU) must adopt a wholesale price cap for gas, support small-and-medium-sized enterprises (SMEs) and set a single European strategy to stop the damage caused by the energy crisis, Euratex, the European Apparel and Textile Confederation, has told WTiN.…
CHANGING REGULATORY PRESSURES FORCE OBLIGED ENTITIES TO HONE THE MANAGEMENT OF AML TEAMS
While FATF assessments focus on the policy and regulatory response of governments, law enforcement and AML agencies in fighting dirty money, the fact remains that these efforts are undertaken by teams – and how these groups’ staff members work together and are managed underscores their effectiveness.…
SRI LANKA CLOTHING SECTOR WEATHERS RECENT POLITICAL AND ECONOMIC STORMS – TARGETS SUSTAINABLE GROWTH
The UN Human Rights Council passed a resolution on Sri Lanka on Thursday October 6 calling for accountability, human rights and reconciliation in this important clothing manufacturing outsourcing centre that has suffered from intense political and economic turmoil. There is growing international pressure on the new Sri Lanka government of President Ranil Wickremesinghe to promote calm (1) as the country grapples with financial shortages, logistical disruption and political legitimacy problems, worsened by widespread government corruption.…
ENERGY AND FERTILISER INFLATION PROMPT INNOVATION AMONGST ENGLAND AND WALES FARMERS
Eye-watering energy and fertiliser prices combined with the prospect of higher borrowing costs are leaving few England and Wales farmers untouched. According to experts, even the most resilient will not be able to simply ride the current economic climate. Yet it seems that the current crises are triggering some innovative reactions and often fundamental changes to farming practices.…
ITALY RETAIL COFFEE SALES GROW, DESPITE INFLAITON AND WEAK ECONOMIC GROWTH
Times might be tough in Italy, with annual inflation at 9.4% (in September) and sluggish growth of 2.5% projected for 2022 (OECD data), but Italians are drinking more coffee, including supermarket sales for home-brewed drinks.
In 2021, Italian roasted mass market retail coffee sales exceeded EUR1.3 billion overall, said IRI, up 1.1% year-on-year, driven by the single-serving pods and capsules and grains segments.…
CHINA’S INFANT FORMULA PRODUCERS STRENGTHEN POSITION ON DOMESTIC MARKET AS AVERAGE WEALTH GROWS
The Chinese infant formula industry will hit a regulatory milestone in February (2023) with the introduction of new national standards first published last year (2021) by the country’s National Health Commission. These standards, including GB10765-2021 (1) promise to make labelling “more scientific”, thus improving quality of products.…
SERBIA DOMESTIC DAIRY SECTOR SHRINKS AMIDST DECLINING MARGINS AND INCREASING COSTSSERBIA DOMESTIC DAIRY SECTOR SHRINKS AMIDST DECLINING MARGINS AND INCREASING COSTS
In early September (2022), Serbia faced a serious domestic milk crisis, with empty or half-empty store shelves, with consumers relying significantly on imports of foreign milk from Poland and the Czech Republic. The domestic supply squeeze was not a surprise for Serbia’s dairy farmers, however.…
GROWTH IN CANNED BEVERAGES BOOSTS METAL PACKAGING SECTOR IN SPAIN
The Spanish can market and industry, which has developed an international reputation for its dominant fish canning sector, is increasingly innovative, driven by contemporary trends in its beverage sector, with sales of canned water and wine joining a promising market which has traditionally been based on beer.…