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Beef and poultry production in the European Union (EU) have been growing steadily this year, putting the sectors on track for further growth in 2015, says a new report released today by (Wed Oct 8) the European Commission.
Its directorate-general for agriculture and rural development says the EU beef sector has seen impressive growth after a two-year slump, with beef and veal production likely to increase by more than 134,000 tonnes by December 31 to 7.6 million tonnes for all of 2014, compared to 2013.…

A leading carpet producer in Gaziantep Province, which lies in Turkey’s Southeastern Anatolia Region, and a major carpet production hub, has told WTiN.com that the industry is facing a number of challenges as the Turkish sector becomes increasingly competitive.

According to data from the Southeastern Anatolia Exporters’ Union (GAİB), Gaziantep’s annual exports of carpets are currently worth around USD1.5 bilion, with 227 carpet companies in Gaziantep that are members of export unions.…

A COLLABORATION between a major Pakistan food company and local non-governmental organisation (NGO) aimed at improving the country’s slaughterhouse standards is set to expand sales abroad.
Pakistan’s Al-Khidmat Foundation, a conservative social welfare organisation, has so far contributed USD2.9 million to maintaining a Karachi slaughterhouse facility run by Tata Best Foods Ltd that complies with international food safety standards.…

Chinese construction firms have cornered plenty of business in Africa and Latin America, but they need upskilling to consolidate their position. Anyone who observes the queues of nervous young men lining up in the early morning in Beijing’s tree-lined Sanlitun diplomatic district will be in no doubt of the intensity of Chinese activity in Africa and Latin America.…

Tech-savvy South Korean publishers were out in force at the Beijing Book Fair this weekend hoping to strike sales and partnerships. South Korea’s e-book players looking for partnerships in China have an edge, said Kim Tae-won, head of ebook sales at Seoul-based Book n Book.…

European Union (EU) meat production is projected to start growing in 2014, according to the European Commission, as Europe’s economic recovery solidifies. This could be up 0.7% year-on-year for beef, veal, pigmeat, poultry, sheep and goat meat. However, exports might fall for pigmeat and poultry, with Russian import bans especially causing problems for pigmeat.…

The global market for halal food is expected to grow from USD698 billion in 2012 to reach USD830 billion in 2016, according to Malaysia’s department of Islamic development, and manufacturers in its country and neighbouring Thailand are competing to service this demand.…

THE MIDDLE East cosmetics market is weathering the region’s current political and economic instability in the region. While the markets in the Levant are experiencing tough times, Gulf sales continue to grow. Retailers and manufacturers are also offsetting the losses incurred in depressed and unstable countries by exporting to burgeoning African markets.…

THE ORGANISATION for Economic Cooperation & Development (OECD) has secured agreement from its 34 rich world member countries to apply a new single global standard on automatic exchange of tax information. Endorsed by G20 finance ministers, the standard obliges countries and jurisdictions to obtain all financial information from their financial institutions and exchange that information automatically with other jurisdictions annually.…

IN 2012, after years of delays, Brazil instated a new money laundering law, finally bringing this economically vibrant and influential country more or less in line with international standards.  Two years later, what difference has it actually made?    

Brazil’s first official money laundering law (Law 9613) was enacted in 1998.…