Potato News from Asia

Gujarat, once known for its huge production of banana, is expected to have a bumper potato yield this year. While the crop is expected to have poor harvest in eastern part of the country, the situation is opposite in Gujarat. Potato production is incre...

On February 6, 2008, the Royal Gazette officially published a notification by the Department ofForeign Trade, Ministry of Commerce, December 26 which detailed import quota allocations for seed and table potatoes. The amount of the import quota totaled ...

Potato futures rose on Thursday on speculation a persistent cold wave in the northern region could hurt output, analysts said. On the Multi Commodity Exchange of India, potato futures rose more than 1 per cent, with the most active March contract at Rs...

McDonald’s will set up a food processing unit in Haryana or Punjab with an investment of Rs 100 crore to complement its sourcing activities in the local markets. “We are in discussion with both Punjab and Haryana for opening a food processing plant, wh...

McDonald's Japan said Thursday its net profit jumped more than five-fold last year as the burger giant introduced more round-the-clock restaurants and updated its menu. Japan's leading fast-food chain predicted profits to keep growing this year as it c...

McDonald's Holdings Co. (Japan) Ltd.  informó hoy que sus ganancias netas consolidadas del 2007  ascendieron a 7.820 millones de yenes (73,77 millones de dólares USA) , lo que significa que se quintuplicaron respecto al año anterior.  La mayor cadena ...

The United States Potato Board (USPB) organized a chip-stock trade mission to Japan, November 5-9, 2007 for US chip-stock growers to meet with Japanese snack manufacturers. The US delegation was made up of Virgil Slagell and Lon Baley, USPB Internation...

India’s potato production in 2007-08 is likely to grow by half its earlier estimate on account of crop damage due to a cold wave in the north, home to the biggest producing regions, a senior official said. “Area has increased in almost all major produc...

The branded snacks market has seen increased activity with the entry of FMCG heavyweight ITC. FritoLay, the market leader in this segment, is now faced with the task of guarding its position, even as competitors set targets to garner more than half the...

According to the Chinese state press, the Ministry of Commerce has started to impose an anti-dumping tax on potato starch imported from the European Union since yesterday. Importers of potato starch are required to pay an anti-dumping tax of 17 to 35%....

Yum Brands Inc., which operates the KFC, Taco Bell and Pizza Hut chains, says fourth-quarter profit slipped almost 1 per cent as strong sales in Chinese and international divisions mostly countered the impact of higher costs.

Riding on the back of a major expansion spree, global fast food chain McDonald's on Monday said it expects the Indian operations to be profitable from the next fiscal, 17 years after it set up shop in the country. The company, which achieved break-even...

Millions of rail travellers may soon have the option of gorging on McDonald's burgers on-board trains, discussions for which are on between the railway authorities and the global fast food giant. Buoyed by the successful bid for opening a restaurant at...

Qatar Food Company (Americana Group), the franchisee owner of KFC, yesterday set a record for the largest serving of fried chicken at the Villagio Mall.An adjudicator of the Guinness World Records made the announcement and presented a certificate to th...

With the branded snacks market buzzing with new entrants, the FritoLay division of PepsiCo India Holdings has kicked off a marketing campaign “Chala Change Ka Chakkar”, which the company claims is its biggest ever portfolio initiative in 2008. As part ...

McDonald's Corp, the world's largest fast-food chain, plans to open 150 outlets in China in 2009, the company's top China executive said on Tuesday, as competition heats up in the rapidly expanding market. The company expects to maintain 15 percent ann...

McDonald's Corp, la mayor cadena de comida rápida del mundo, está incrementando su presencia en China gracias al aumento tanto de los ingresos como del apetito por la comida occidental, tendencias que también han identificado sus rivales.   McDonald's ...

South Korean corporation “Bistek” plans to build a potato starch manufacturing plant in Chuy oblast in Kyrgyzstan. Next to potato starch, the plant will also produces a range of secondary products, including protein and bioethanol. All products are in...