Potato News from Asia

Malaysia is one of the more affluent nations in Asia with a GDP per-capita of about US$6,450 in 2006. Malaysia’s economy grew by 5.9%, compared to 4.2% growth in 2002. Most economic commentators forecast Malaysia’s economy to grow by about 5.7% in 2007...

In November 2007 BMA Nederland has signed the order with Konya Seker of Turkey for the supply of an ultra modern potato processing line for French fries.

Bernama.com reports that QSR Brands Bhd has signed an agreement with Royal Group of Companies Ltd (RGC) and Rightlink Corporation Ltd Hong Kong (RCL) to form a joint venture company to operate the Kentucky Fried Chicken Restaurant (KFC Cambodia) busine...

Potato cultivators in north Dinajpur district are facing a crisis to preserve their crops due to absence of adequate number of cold storages in the district. Having found no space to preserve they are being compelled to sell their crops in the market a...

China, India and other developing countries will become "critically important cornerstones"for the frozen food giant as increasingly time-pressed consumers in emerging economies start to reach for products that simplify their lives, said Dale...

McDonald's Corp has begun offering home delivery in Shanghai, aiming to build a model in China to boost sales and help it catch up with rival Yum! Brands in the world's most populous country. McDonald's has built up a fleet of 300 motorcycles over th...

After two years of talks and research, Yum! Restaurants International, the owner of quick serve restaurant brands such as Pizza Hut and KFC, will finally introduce the Taco Bell brand in India in the latter half of 2008. Through with its first round of...

McDonald's quietly published new price quotes at its outlets starting Feb. 23, involving rises of between 5% and 10%, or 0.5 yuan to 1.5 yuan, for almost all products: burgers, soft drinks, French fries. This followed three separate price increases las...

Pepsico India Holdings Pvt Ltd plans to procure at least 30,000 tonne of potato from West Bengal by 2010 for Fritolay, the food division of the company. At present, the company procures 12,000 tonne potato from the state

Gujarat, once known for its huge production of banana, is expected to have a bumper potato yield this year. While the crop is expected to have poor harvest in eastern part of the country, the situation is opposite in Gujarat. Potato production is incre...

On February 6, 2008, the Royal Gazette officially published a notification by the Department ofForeign Trade, Ministry of Commerce, December 26 which detailed import quota allocations for seed and table potatoes. The amount of the import quota totaled ...

Potato futures rose on Thursday on speculation a persistent cold wave in the northern region could hurt output, analysts said. On the Multi Commodity Exchange of India, potato futures rose more than 1 per cent, with the most active March contract at Rs...

McDonald’s will set up a food processing unit in Haryana or Punjab with an investment of Rs 100 crore to complement its sourcing activities in the local markets. “We are in discussion with both Punjab and Haryana for opening a food processing plant, wh...

McDonald's Japan said Thursday its net profit jumped more than five-fold last year as the burger giant introduced more round-the-clock restaurants and updated its menu. Japan's leading fast-food chain predicted profits to keep growing this year as it c...

McDonald's Holdings Co. (Japan) Ltd.  informó hoy que sus ganancias netas consolidadas del 2007  ascendieron a 7.820 millones de yenes (73,77 millones de dólares USA) , lo que significa que se quintuplicaron respecto al año anterior.  La mayor cadena ...

The United States Potato Board (USPB) organized a chip-stock trade mission to Japan, November 5-9, 2007 for US chip-stock growers to meet with Japanese snack manufacturers. The US delegation was made up of Virgil Slagell and Lon Baley, USPB Internation...

India’s potato production in 2007-08 is likely to grow by half its earlier estimate on account of crop damage due to a cold wave in the north, home to the biggest producing regions, a senior official said. “Area has increased in almost all major produc...

The branded snacks market has seen increased activity with the entry of FMCG heavyweight ITC. FritoLay, the market leader in this segment, is now faced with the task of guarding its position, even as competitors set targets to garner more than half the...