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Showing posts with the label food and beverage industry

Chief of Staff Unveils Nutrifoods' $500k Upgraded Can Production Line

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Nutrifoods Ghana Upgrades Canmaking Line with $500,000 Investment The Chief of Staff, Julius Debrah, recently commissioned an upgraded canmaking line at Nutrifoods Ghana Limited’s culinary plant in the Tema Industrial Area. The investment, exceeding US$500,000, marks a significant step forward for the company as it aims to enhance its production capabilities and ensure product quality. This facility enhancement is expected to strengthen Nutrifoods’ safety controls and reinforce quality assurance measures. It will also enable the company to expand its production capacity and maintain a consistent 24-hour production schedule. This aligns with the government’s 24-hour economy initiative, which seeks to sustain employment and drive economic growth. During his visit, the Chief of Staff commended Nutrifoods for creating over 2,000 jobs through its 24-hour operations model. He emphasized that the government’s comprehensive programme for industry, being developed by the trade and industry m...

Keeta to Revise Exclusivity Clauses Amid Hong Kong Antitrust Concerns

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A food delivery company supported by the Chinese e-commerce giant Meituan has decided to take action to eliminate exclusivity clauses that were labeled as anti-competitive by Hong Kong’s antitrust authority. In response to concerns raised by the Competition Commission, Keeta—Hong Kong’s second remaining delivery app—has agreed to modify its contracts with partner restaurants, according to a statement released on Wednesday. The watchdog emphasized that Keeta will "voluntarily" revise anti-competitive terms in its agreements. These terms currently require restaurants to pay lower commission rates if they agree to work exclusively with Meituan's Hong Kong food delivery arm. Additionally, Keeta will adjust provisions that restrict or penalize partnered restaurants for switching to exclusive partnerships with other food delivery platforms. The company will also modify terms that prevent partnered restaurants from offering lower menu prices to consumers through their own di...

CU Introduces Mini Sashimi for Solo Diners, Catering to Single Households

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New Sashimi Products Target Solo Drinkers CU, a convenience store chain operated by BGF Retail, has introduced a new line of small-portion sashimi products designed to cater to individuals who prefer to drink alone. These products come with accompanying sauces to enhance the overall dining experience and provide added convenience for consumers. On the 10th, BGF Retail announced that it will launch four small-portion sashimi items on the 12th. The products include "Aged Salmon Sashimi," "Aged Flatfish Sashimi," and "Chewy Gwamegi" (each priced at 13,900 Korean won, 70g), as well as "Aged Skate Sashimi" (9,900 Korean won, 100g). A representative from CU explained, "While sashimi is a popular drinking snack, delivery portions are often large, prices are high, and small purchases are difficult in stores, making it challenging for single-person households to enjoy. We aimed to meet the demand of single-person households and those who drink alon...

K-Food Surge Boosts Lotte Mart Bali Sales by 50%

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Expansion and Innovation Lead to Sales Growth at Lotte Mart Bali Lotte Mart’s Indonesia Bali branch has experienced a significant boost in sales and customer traffic following its recent renovation and renewal. According to the analysis, this growth can be attributed to the expansion of food display areas focused on Korean cuisine (K-food) and the introduction of a dedicated space for ready-to-cook foods. The company announced on the 12th that the Bali branch, which underwent a major renovation on August 21, saw a 50% increase in cumulative sales over seven weeks (from August 21 to October 10) compared to the same period last year before the renovation. Additionally, customer numbers rose approximately threefold during this time. Enhanced Food Display Areas One of the key changes made during the renovation was the expansion of the food display area. Previously, this area accounted for 60% of the store, but it has now been increased to 90%. The existing 2,000 pyeong wholesale store...

Woman Boosts Profits with Food Processing Innovation

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Empowering Women Through Food Processing Felicia Gbuka, a Nigerian entrepreneur, runs a successful business focused on processing rice and cassava into ready-to-eat snacks and other ingredients. Her products are made by combining these raw materials with additional ingredients that enhance their appeal and demand. She packages them in attractive and high-quality materials, making her offerings stand out in the market. Her range of products includes chinchin made from both rice and cassava, cassava flour, gari processed from cassava, and powdered rice. She also produces biscuits and various snacks, often incorporating peanuts derived from cassava and rice. Felicia notes that people sometimes purchase the raw products without processing, but her business offers convenience and variety. Felicia’s manufacturing facility is small, yet her products rival those of larger industries. She credits her success to training provided by the government and IFAD through a value chain development pr...