Search Results for: food

With the Korea Cosmetic Industry Institute (KCII) estimating there were USD11.7 billion’s worth of South Korean-made personal care products (‘K-beauty’) sales in 2019, including nearly USD6.49 billion in exports, and more than 16,000 individuals and businesses officially licensed to provide cosmetic products and services, South Korea’s cosmetic industry has the innate strength it will need to cope with the Covid-19 crisis.…

The can making and filling sectors have become beneficiaries – at least in the short term – of consumers turning their kitchen cupboards into pandemic pantries, stockpiling canned food and other long-lasting products because they fear of food shortages because of Covid-19.…

THE AIRPORT serving India’s capital, New Delhi’s Indira Gandhi International Airport (IGI), has been under pressure from a boom in passenger traffic, and so is being expanded and revamped in a project that will cost USD1.3 billion, according to Indian aviation industry sources.…

MALAYSIA’S new United Malays National Organisation (UMNO)-dominated government has announced a Malaysian Ringgit MYR250 billion (USD57 billion) spending package to help the economy withstand the Covid-19 epidemic. This includes paying a monthly wage subsidy of MYR600 (USD137) for three months for employers with a 50% drop in business since January 1 for workers with monthly salaries below MYR4,000 (USD915).…

THE USE of paint and coatings by airlines is far more than the choice of an elegant trip for tail fins and fuselages. High tech coatings help aircraft operate efficiently and play an increasingly important role in helping planes fly smoothly, reducing drag and hence carbon emissions.…

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.…

WORRIES about the future of manufacturing in Europe are certainly not being applied to the continent’s nonwovens industry, which has been growing steadily in recent years. Indeed, last year, the overall production of nonwovens in Europe in 2018 grew by around 1.3% year-on-year to reach 2.76 million tonnes, (the most recent Europe wide figures released by industry association EDANA).…

HUNGARY has been making progress in developing its anti-money laundering and combating the financing of terrorism (AML/CFT) legislation. But the European Commission is unhappy with its progress on implementing the European Union’s (EU) fourth and fifth anti money laundering directives. It sent a formal notice on February 12 that Hungary had failed to pass any legislation writing the AMLD5 law into the Hungarian statute book, and claims Budapest’s compliance with AMLD4 is partial.…

FOR rural landowners in England and Wales, the UK quitting the European Union (EU) on January 31 maybe the most important market driver in 2020. Uncertainty over Brexit has held up investment, sales and purchases, constitutional change is coming, landowners can plan with more clarity.…

THE ITALIAN food sector is at risk of major disruption from the outbreak of coronavirus in the north of the country, national food producer association Coldiretti has warned, since quarantined zones created by the Italian government affect 11 municipalities located in the Po Valley, an area which extends from in the Lombardy to Veneto region and which represents more than one third of Italy’s agri-food sector including supply chains of top selling foods like Parmigiano Reggiano and Grana Padano.…