Supermarket retailer Coles is using its market dominance to destabilise the whole of Australia’s food and grocery supply chain by cutting prices on essential daily items, the Australian Food and Grocery Council (AFGC) said today (February 3).
AFGC highlighted that Coles’ “Down, Down” campaign to heavily discount staple foods like bread and dairy products was designed [...]
The International Fur Trade Federation is delighted to launch its new Trends and Forecasting section on IFTF.com created in collaboration with trend consultants, EMC. On the IFTF Trends page you will find up to the minute information about fashion, lifestyle, consumer, celebrity and social trends but also insight into the innovators who form these future [...]
In the end of 2010 ALROSA has won the auction spent by Rosnedra (State regulator of the usage of natural resources in Russia) for the developing diamond deposits located in the Republic of Sakha (Yakutia), Russia: alluvial deposits “Ruchey Gusiny”, “Ebelyakh” and diamond pipe “Dalnyaya”; after finishing formalization of the Government permits, ALROSA will start [...]
Australian PSI Services Sector remains sluggish in January
Worldwide Import-Export News No Comments »The services sector slowed further in January with the latest Australian Industry Group/Commonwealth Bank Australian Performance of Services Index (Australian PSI) falling 0.9 points to 45.5, remaining below the 50 points levels separating expansion from contraction. The weakness was evident in both the sales and employment sub-indices and particularly noticeable in the new orders sub-index [...]
Manufacturing had a soft start to 2011 with the January Australian Industry Group – PwC Australian Performance of Manufacturing Index (Australian PMI®) relatively unchanged at 46.7 points, up 0.4 points and remaining below the critical 50 point level for the fifth consecutive month (readings below 50 indicate a contraction in activity).
Manufacturers remained cautious in the [...]
One-stop shop’ to help reduce red tape burden on tourism industry
Worldwide Import-Export News No Comments »Victoria’s tourism operators should be able to log onto a central, ‘one-stop shop’ website to lodge all compliance certificates needed to carry out their business so the industry can continue to grow, says the industry’s peak body.
The Victoria Tourism Industry Council (VTIC) says a central website, similar to the one that is currently used in [...]
WASHINGTON, D.C. – National Association of Manufacturers (NAM) Senior Vice President for Policy and Government Relations Aric Newhouse issued a statement following the Senate’s vote to repeal the expanded reporting requirements under Section 9006 of the 2010 Patient Protection and Affordable Care Act:
“Manufacturers are pleased that the Senate has wisely lifted one of the [...]
The Australian Made, Australian Grown Campaign (AMAG) reiterates its call for tougher food labelling laws, following the release of the Final Report of the Review of Food Labelling Law and Policy.
While welcoming the panel’s three country-of-origin labelling recommendations, AMAG Chief Executive, Ian Harrison, insists they need to be extended even further so consumers are given [...]
Elizabeth Anderson, Head of Council’s Legal Department, Elected to FDLI Board of Directors
Worldwide Import-Export News No Comments »“Elizabeth (Betsy) Anderson, Executive Vice President Legal and General Counsel, was recently elected to the Food and Drug Law Institute’s (FDLI) Board of Directors. Betsy’s past FDLI experience includes three years on the Food and Drug Law Journal’s advisory board and contributions to numerous chapters of text including “FDA Regulation of Personal Care Products,” Nanotechnology [...]
Boost for textile industry as ACA Threads acquires main competitor
Worldwide Import-Export News No Comments »Cape Town based sewing thread manufacturer ACA Threads has bought competitor A&E South Africa in a deal which shows faith in the future of South Africa’s often beleaguered textile industry. A&E is the South African subsidiary of US company American & Efird.
The combined turnover of the two companies is around R70-million per year. Acquired as [...]
