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The Chinese IT spending is anticipated to reach US$ 216.7 Billion in 2010, representing significant growth opportunities for technology and service providers. According to Gartner, IT spending by enterprises and consumers in China is projected to reach the figure of US$ 216.7 Billion in 2010, exhibiting good opportunities for technology and service providers. This represents an increase of 5.9% from US$ 205 Billion in 2009, as reported by   ... Read more
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11% Annual Jump Expected in US Organic Food Market
19 Jun, 2007
According to the American Organic Trade Association (OTA), the demand for the organic foods and natural products will continue to increase. According to the latest Manufacturer Survey 2006 by American Organic Trade Association (OTA), the demand for the organic foods and natural products will ...Read more

India Waste Food Worth Rs 580 Billion Every Year
19 Jun, 2007
Food items in India cost around Rs 580 Billion go waste each year because of fragmented farming, old laws and lack of appropriate infrastructure of post-harvest. By sighting the report 'Rabo India Finance', Subodh Kant Sahai, the Minister of Food Processing Industries, said that Food items cost ...Read more

Australia Looking Forward to India For Its Food Exports
19 Jun, 2007
Australia, the world's biggest exporter of farm products, is looking for opportunities to enter the Indian food-processing market by forming joint ventures with the agro-sector of India. Warren Truss, the Australian trade minister said, "An India-Australia Joint Ministerial Commission meeting ...Read more

Indian Govt Plans To Control Inflation Prices
19 Jun, 2007
The government of India is planning to set up a price stabilization fund and a market intervention programme to control the agriculture commodities price. In order to, control the agriculture commodities price, the government of India is planning to set up a price stabilization fund and a market ...Read more

Czech Food Industry Expands
19 Jun, 2007
Czech's food industry sales grew by 1.5% year-on-year and reached US$ 10.67 Billion (Kc229 Billion) in the year 2006. Czech's food industry sales grew by 1.5% year-on-year and reached US$ 10.67 Billion (Kc229 Billion) in the year 2006, as per the data from the Agricultural Ministry of Czech ...Read more

The Rise And Rise Of Australian Wine In The US
19 Jun, 2007
After nearly three years, US has been identified as the most profitable market for Australian wine. The 12-month period, according to the Australian Wine & Brandy Corporation, sets new records for volume and value of wine exports. Volume-wise, there has been an increase of 10% to 788 Million ...Read more

Indian Wine Comes Of Age
19 Jun, 2007
Eventually, growth is seen in Indian wine market. Interestingly, government of India is also taking this in to account. According to economictimes.indiatimes.com, "To maturate quality and promote the wine industry in the country, the Indian ministry of food processing industries is looking ...Read more

Avian Flu Cut Bangladesh Poultry Sales by 20%
19 Jun, 2007
According to reports published by the regional newspaper - The Financial Express, the sale of poultry and related goods in Bangladesh has been reduced by 20%, thanks to bird flu. "The disease has cost the poultry industry a 20% drop in sales of its products during the last three days," ...Read more

Pakistan Continue to Witness Food Inflation
19 Jun, 2007
The food inflation to be 10.3% in the initial eight months (July-Feb) of fiscal year 2006-07 according to the finance ministry of Pakistan. Pakistan's finance ministry has estimated the food inflation to be 10.3% in the initial eight months (July-Feb) of fiscal year 2006-07, as opposed to 7.6% ...Read more

Exports of Food Products of India Makes 1.6% of Global Trade
19 Jun, 2007
India's agricultural and food exports comprises about 1.6% of the world trade according to Ministry of Food Processing Industries' report. As indicated by Ministry of Food Processing Industries' report, India's agricultural and food exports comprises about 1.6% of the world trade. Minister of ...Read more

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