Thailand's meat producer Charoen Pokphand Foods (CP Foods) in 2015 is set to invest up to $763m to expand in foreign markets. i The company will spend THB20-25bn ($611-763m) this year, primarily on overseas expansion and ...
Tags: CP Foods, economy, businesses
George Osborne has delivered his sixth Budget, and the last of the current Parliament. The key points are as follows: Economy The UK grew 2.6% in 2014, faster than any other advanced economy but lower than 3% predicted in December ...
Tags: George Osborne, Sixth Budget
A consortium of companies in the European process industry from the areas of biotechnology, renewable resources, chemistry, process engineering, equipment supply as well as research organizations recently launched project PRODIAS ...
Tags: BASF, European process industry, Renewable-Based Products
UK Chancellor of the Exchequer George Osborne has cut duty on spirits and cider by 2% and froze duty on wine and slashed the price of beer by a penny a pint for the third year now. In the budget speech presented in the House of ...
US president Barrack Obama-led task force has drafted a 40-page report planning to curb black-market fishing and mislabelling of seafood, which costs the US and the world billions of dollars of fishing revenue. The US stands second after ...
Tags: Seafood Fraud, seafood, crustaceans
For the development of textile industry in the state, Maharashtra finance minister Sudhir Mungantiwar proposed an outlay of Rs 59.66 crore in his Budget speech for the year 2015-16 towards interest subsidy of 5 to 7 per cent on long term ...
Tags: Textile Subsidy, textile industry
An Indian footwear trade body has requested finance minister Arun Jaitley to reduce the high excise duties imposed on non-leather footwear in the latest Union Budget. The All India Footwear Manufacturers and Retailers Association (AIFMRA) ...
Chemicals giant Ineos has started a community consultation process in a bid to gain support for fracking. The firm's consultation process will start in mid-April with a series of "town hall" meetings, beginning in areas where it already ...
Thinking of adding a patio or deck to extend your home's living space? Concrete decks and patios have a well-deserved reputation as being easy on the budget. But their affordability is not their only virtue. Outdoor concrete installations ...
Tags: Concrete Decks, Patios
The Scotch whisky market in the UK has shrunk by almost 5% as consumers and industry continue to be impacted by the heavy tax regime. The tax is approximately 80% as a share of the price of an average bottle of the drink. The figures, ...
Tags: Scotch Whisky Market, Fairer Tax, Whisky
The Indian textile and apparel industry will clock double digit growth rates of between 8 to 12 per cent or even more in the next fiscal, a top official at textile major Raymond said. Sanjay Behl, CEO at the lifestyle business of ...
Tags: Textile Sector, Textile
Australian government has withdrawn its plan to cut $500m funding to domestic auto industry proposed under Automotive Transformation Scheme (ATS) scheme. The funding cuts were announced last year, but it failed to get Senate approval. ...
Indian Government and the country’s apex organisation dedicated to rural industries - Khadi and Village Industries Commission (KVIC) - are trying to cancel the Khadi trademark registration in European Union. According to media ...
Union Budget 2015-16 presented by finance minister Arun Jaitley last week has no measures on promoting apparel manufacturing in India, says an expert of India’s clothing and retail industry. “Considering that this ...
Tags: Apparel Manufacturing, Apparel
Tirupur Exporters’ Association has welcomed today’s decision of the Reserve Bank of India (RBI) to reduce the Policy Repo Rate by 25 basis points (bps) from 7.75 per cent to 7.50 per cent, and urged banks to pass on the benefit ...
Tags: Repo Rate