Search Results for: japan

THE GLOBAL increase in commodity prices for beef and veal has dampened demand in Russia for imports of these meat products. The country’s agriculture ministry has said imports fell 18.6% this January-May compared to the same period in 2016, That was mainly due to a rise in import prices, which since the beginning of the current year have grown by almost 25%, said ministry officials.…

MONGOLIA’S New Ulaanbaatar International Airport, funded primarily with an official development assistance loan from Japan, is expected to open to passengers in the first half of 2018.

The key components of the project, including two runways, a terminal building and airport control tower, have been completed and were handed over to the government of Mongolia in a ceremony in January.…

BANGLADESH’S apparel makers are pressing ahead with establishing a separate factory inspection and remediation body, which would operate after the 2018 expiry of existing international health and safety initiatives. However, experts have warned that there could be political motivation behind the proposal, questioning its rationale and potential effectiveness.…

SINGAPORE has been rated the best city in the world to live for professionals wanting to work in start-ups, according to a survey by furnished apartment web-rental platform Nestpick. The website’s researchers assessed 85 cities, looking at their start-up ecosystems. It assessed average salaries for entry level and experienced positions regarding project management, technology and marketing roles.…

CHINESE customers bought 28 million vehicles in 2016, up 7.3% from 2015, which saw a year-on-year growth of 4.7%, according to the China Association of Automobile Manufacturers. However, such sales were largely stimulated by tax incentives released by the Chinese government in 2015 to encourage the sales of low-emission cars.…

Japan’s top cattle and meat producers are gearing up to compete in the country’s next ‘Wagyu Olympics’, the country’s premier beef cattle show, to be held in Sendai, Miyagi prefecture, on September 7–11. Delegations of wagyu experts, industry insiders and farmers from each prefecture as well as overseas groups are expected to attend for competitions as well as wagyu taste challenges and opportunities to exchange information and good practice.…

A MAJOR Japanese corporation with significant meat trading interests – Mitsui & Co Ltd – is undergoing talks on potential business opportunities with the Rusagro Group, one of Russia’s largest vertically integrated livestock and agricultural holding companies.

Hiroo Yoshida, of Mitsui’s corporate communications division has confirmed that Mitsui has acquires a token amount – 0.005% – of Rusagro’s capital and the companies are “exploring the possibility of co-operation”.…

THE EUROPEAN Union (EU) meat industry has expressed disappointment over the decision by Russia to extend by 18 months its ban on EU exports of meat and meat products, but is optimistic that producers will continue finding alternative markets.

Leaders of EU farm industry association Copa-Cogeca and the European Livestock & Meat Trading Union (UECBV) stressed to GlobalMeatNews that the European Commission, food industry companies and EU member states had successfully adapted to Russia’s actions.…

THE CHAIRMAN of the Cherkizovo Group, one of Russia’s largest meat producers and processors, is to consolidate his stake in the company through the acquisition of 21.3% of its shares, which are currently owned by Prosperity Capital Management, one of Russia’s largest investment funds.…

Japan and Russia are to start trading meat products in earnest during the second half of this year, following an agreement between Tokyo and Moscow.

According to Japan’s ministry of agriculture, forestry and fisheries, imports to Japan will be limited to beef that has undergone heat treatment in Japanese government-approved Russian factories.…