‘Sunburnt and discoloured’: Japan steps up efforts to mitigate global warming impact on food security and quality
Japan’s Ministry of Agriculture, Forestry and Fisheries (MAFF) recently released the 2023 Global Warming Impacy Survey Report covering the impacts of high temperatures and other issues arising from climate change to agri-food supply chains, with particular focus on rice, fruits, vegetables and dairy. “Several key agri-food products were found to have been impacted by global
Caffeine can aid post-exercise recovery, but not anaerobic performance – RCT
The study was funded by the Central China Normal University and the National Natural Science Foundation of China. Researchers found that coffee boosted exercise performance and post-exercise recovery of active individuals in an RCT, but not anaerobic performance, which refers to muscles efficiency in utilising oxygen. “Coffee ingestion with high caffeine level (6mg/kg body weight)
Inflation issues: Unilever India announces ‘calibrated price increases’ after being hit with major palm oil and tea cost hikes
HUL recently announced its Q3FY2024 financial results, reporting 2% underlying sales growth to reach INR153.2bn (US$1.8bn) in turnover but a 4% decline in profit after tax to INR26.1bn (US$310mn). HUL CEO Rohit Jawa described the firm’s latest performance as a ‘competitive’ one given the current economic conditions, but warned that these conditions have finally hit
Strategic shift: Direct-to-consumer sales yields higher profits than B2B, says Indonesian ingredients firm Nekaboga
Having exported herbs and spices since 1988, Nekaboga is planning to shift from B2B to B2C markets. This decision is driven by the competitive pressure to keep prices down, said Tony Lukmanto, head of sales and marketing at Nekaboga. “Our pricing is always being compared against other competing suppliers, and the profit margin is lower
U-turn ahead: Nestle reunites Greater China management with rest of Asia as new CEO pledges ‘core’ growth focus
Nestle recently announced its Q3FY2024 sales results, reporting CHF67.1bn (US$) in sales value and an overall 2.0% of Organic Growth which comprised 0.5% RIG (real internal growth) and 1.6% pricing adjustments. No profit numbers were released in these results. This was overall in line with the company’s target since Q1​ this year to return to
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