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December 26, 2007
Nieuwe recordprijs voor palmolie op Maleisische beurs
De palmolieprijs is woensdag naar een nieuw record gestegen. Niet alleen is het product in trek voor het gebruik als alternatieve brandstof, palmolie wordt ook steeds meer gebruikt voor het bereiden van voedsel. Meer dan 80 procent van de productie wor...
December 23, 2007
Profile of Jerry Schafer, VP and COO at McDonald's China
It's a long way from the east side of Detroit to the east side of China, but that's the story of Jerry Schafer's career under the Golden Arches. Schafer, 53, is senior vice president and chief operating officer at McDonald's China. He grew up in the ...
December 20, 2007
Burger King plans expansion in Asia
Burger King, now making up for years of soggy growth and a decaying global business, is plotting an expansion into Asia in the coming half-decade to narrow the gap with arch-foe McDonald's. Chief Executive John Chidsey told Reuters on Thursday that the...
December 18, 2007
Floods in Malaysia may drive up palm oil price
Severe flooding in Malaysia looks likely to affect palm oil supplies for November and December, sparking a shortage that would drive up prices.Sabri Ahmad, chairman of Malaysian Palm Oil Board, told Reuters news agency that he expects December producti...
December 12, 2007
Late blight returns in Punjab
Late blight, a fungal disease that affects potato crop, has returned to haunt farmers here and the Punjab Agricultural University has issued an alert to growers after coming across fresh infections in a farm in Hoshiarpur district. "We have foun...
December 10, 2007
Wal-Mart to grow by more than 30 pct annually in China
Wal-Mart Stores Inc (WMT.N), the world's biggest retailer, said it will keep expanding in China at more than 30 percent annually, as it won government approval to open its 100th store in the fast-growing consumer market. The U.S. retail giant currently... Sponsored Content
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December 10, 2007
Palm oil prices stay high despite mounting supplies
Crude palm oil production is up 4.4 per cent from October in Malaysia, according to the Malaysian Palm Oil Board, but this has not led to a fall in prices amid the current volatility of the crude and soya oil markets.The total palm oil stock, including...
December 08, 2007
Japanese trading house Mitsubishi wins bid to take over Kentucky Fried Chicken Japan
Japanese trading house Mitsubishi Corp. said on Saturday that it successfully completed a friendly takeover of Kentucky Fried Chicken Japan Ltd., which owns more than 1,500 KFC and Pizza Hut restaurants around the country. Mitsubishi, which already ow...
December 07, 2007
Procter & Gamble says blocked Pringles shipment not intended for China market
Procter & Gamble said a small shipment of its Pringles-brand potato chips rejected by Chinese quality inspectors involved a product not designed for release in the China market. Charles Zhang, a Guangzhou-based spokesman for the company, told XFN-As...
December 07, 2007
P&G says Pringles not made with banned additive
Pringles potato chips are not made with an additive banned in China, Procter &Gamble Co, which markets the potato chips, said on Friday. China state media had reported on Friday that a batch of chips had been blocked from import. The batch of bar...
December 06, 2007
Patent row over Pogo brand name
Turner International India has dragged potato wafer-maker Gee Pee Foods to court for using its Pogo channel name to brand its wafers, thereby scripting yet another patent skirmish. The Kolkata-based food company has been manufacturing Pogo chips sinc...
December 05, 2007
Pringles taken of the shelf in Hong Kong potassium bromate cancer scare
Packets of the popular snack Pringles were Wednesday removed from Hong Kong supermarkets after tests in mainland China found them to contain a cancer-causing chemical. Barbecue-flavoured packets of the potato crisps were taken off sale in Wellcome, one...
December 04, 2007
Turkey’s 102nd McDonald's opens
Fast food giant chain McDonald's has opened its 102nd restaurant in Turkey in the Anatolian city of Eski?ehir. The restaurant opened last week in the Espark Shopping Center. McDonald's Turkey General Manager Sadi Fansa said at the opening ceremony that...
December 04, 2007
Frito-Lay goes Indian to up its market share
Multinational snack maker FritoLay has Indianised its potato chips brand Lay’s in the wake of competition by new entrants like ITC’s Bingo. As part of its rebranding exercise, FritoLay has introduced Lay’s Chaat street, India’s Mint Mischief and Wafer...
December 03, 2007
New Chinese potato center to help global research in agriculture
China will soon set up a potato research center for the Asia-Pacific region.The move shows the world's biggest producer and consumer of the tuber is committed to spending more on global agricultural research.The new center will be part of Peru-based In...
December 01, 2007
McDonald's Japan Says Outdated Salads Sold at Four Restaurants
McDonald's Holdings Co. Japan Ltd., a unit of the world's biggest restaurant operator, said four franchise restaurants sold outdated salads and used expired ingredients, in a filing yesterday to the Tokyo Stock Exchange. The disclosures by McDonald's...