Asia > Agribusiness / Food

Agribusiness / Food in Asia

  • Traders say imposing price ceiling on sugar is unfair

    INDONESIA, 2018/01/15 Traders say imposing a price ceiling of Rp 12,500 (93 US cents) per kilogram on sugar is unfair because they were not involved in the decision making. “It is difficult to implement because there was no communication with the traders,” said the chief of the Indonesian Market Traders Association, Abdullah Mansuri, on Friday as reported by kompas.com. Before, through the Trade Ministry, the government set the retail price of sugar at Rp 12,500 together with producers and distributors.
  • Do not exceed price ceilings, ministry tells rice stakeholders

    INDONESIA, 2018/01/15 The government has required retailers, distributors and suppliers of rice to sell the commodity at no higher than the set price ceilings, Trade Minister Enggartiasto Lukita said on Friday, stressing that the ministry would punish those found in violation of the policy. "I invite all retailers, distributors and suppliers to take part in maintaining the price of premium and medium-quality rice at the [price] ceilings,” Enggartiasto said during a press conference in Jakarta on Friday. He said the policy would apply to all stakeholders in the rice industry, and the Trade Ministry would monitor its implementation in the field, inclunding by watching suppliers and distributors who keep their rice in warehouses.
  • World food prices up 8.2% in 2017

    AFGHANISTAN, 2018/01/13 World food prices rose by 8.2 % in 2017 compared to 2016, the UN's food agency said on Friday (Jan 12). The Food and Agriculture Organisation said that its FAO Food Price Index averaged 174.6 points in 2017, the highest annual average since 2014. In December alone, however, the index - a measure of the monthly change in international prices of a basket of food commodities - stood at 169.8 points, down 3.3 % from November, the FAO said in a statement.
  • How fair is our food? Big companies take reins on sourcing schemes

    WORLD, 2017/09/06 From cocoa to tea, food and drink giants are setting their own standards for ethical sourcing of raw materials, moving away from third-party labels such as Fairtrade. Mondelez International (MDLZ.O), owner of chocolate brands Cadbury and Toblerone, Unilever (ULVR.L), behind tea brands such as Lipton and PG Tips, and Barry Callebaut, the world’s biggest producer of chocolate and cocoa products, have all introduced their own schemes. They say their targets are additional comprehensive and some claim their schemes are additional effective in tracking whether a product is ethically sourced each step of the way. With companies under financial pressure, analysts say it has as well been a way to save money.
  • Thailand promotes organic agriculture with new incentives

    THAILAND, 2017/08/01 Rising request for Thai organic goods in both local and export markets has prompted the government to pursue a range of initiatives aimed at encouraging organic farming practices. New support scheme The national is launching a new programme to promote organic agriculture by encouraging a reduction in the all of new rice planting, and a shift from commercial varieties to organic strains, Chutima Bunyapraphasara, deputy minister for agriculture and cooperatives, told media in early May. One aim of the programme is to reduce the area of standard rice cultivation by 1m rai (160,000 ha) within five years.
  • Africa And Middle East Famines: How China Can Do More

    CHINA, 2017/07/09 The unprecedented outbreak of famine early this year in Africa and the Middle East can be traced to conflict as the root cause. Can China step in to help mitigate the calamity through its Belt and Road initiative? Famine broke out in South Sudan in March 2017. At around the same time, the United Nations announced that Nigeria, Somalia and Yemen were as well on the verge of being hit by long draught, putting around 20 million at risk of starvation. The UN described this as an unprecedented humanitarian crisis and appealed to the international community to donate US$4.4 billion — with little success.
  • Singapore And Food Security

    SINGAPORE, 2017/07/08 Food security can be enhanced by strategic initiatives. Land scarce nations can still do much for agriculture and farming with effective policy measures. Singapore has learned to address the multi-faceted challenges of food security with good planning, efficient utilisation of available resources and clear vision for the next. While a lot of analysts have raised concern about feeding the world’s estimated 9.7 billion people by 2050 due to the prospects of supply not conference request, others have refuted this claim on grounds that even today, additional food is produced than is actually consumed or needed. From presently on the problem of hunger is still found in a lot of parts of Asia and Africa. The persistence of hunger reflects the fact that food security is not only about having sufficient quantity of food available, but as well about having physical and economic access to it.
  • Triple Challenge For Agriculture: Trade, Food Security And New Technologies

    INDIA, 2017/07/08 One may rightly ask why the three topics of trade, food security and new technology may be ‘challenges’ for agriculture and by extension food and fibre production. How do all three help ensure a food fasten world? World trade deals such as those falling under the remit of the World Trade Organisation (WTO) have long been difficult to negotiate particularly those encompassing agriculture. And the same goes for Regional deals. The United States has pulled out of the newly-agreed Trans-Pacific Partnership (TPP) and wants to re-negotiate the North American Free Trade Agreement (NAFTA). There is as well the similar situation of the United Kingdom wishing to pull out of the world’s major trading block, thinking it can quickly negotiate new trade deals with other nations and world areas.
  • Mr. Junji Torigoe, President of Sagamiya Foods Co., Ltd.

    JAPAN, 2017/03/04 Japan is leading key developments in the world food processing industry, and Sagamiya Foods is a perfect example of a company taking tofu to the next level. We speak with Sagamiya president Mr. Junji Torigoe. These completed few weeks, international media outlets, such as Bloomberg, have questioned Prime Minister Abe’s reform schedule’s ability to stimulate the Japanese economy. What are your thoughts on this subject? What has been the impact on the economy, on your industry, and on Sagamiya Foods in particular?
  • Atlantic Canada's seafood industry gets a boost as China lowers tariffs

    CHINA, 2017/01/16 Atlantic Canada's seafood industry is starting 2017 with a boost for the bottom line thanks to lower tariffs on seafood entering the booming China market. The Jan. 1, 2017, tariff cuts announced just before New Year's Day by China's ministry of commerce will benefit about a quarter of Canada's seafood exports to China. The exports to China were valued at $634 million as of October 2016. World Affairs Canada told CBC News crab, frozen halibut and albacore are part the export products most benefiting from the tariff reductions. Tariffs on these products will be reduced on average from 11 to five %, leaving additional money in the pockets of seafood companies in 2017.