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  • September 19, 2014
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  1. Inflation slows but food still sizzling

    Posted Sep 10th 2011, 12:00am

    ... still up 45.5 per cent, while cooking oil rose 17 per cent and the cost of eggs gained 16.3 per cent. Overall, the food category was up 13.4 per cent. 'The momentum for strong inflation ... slackening world demand. The CPI rose 0.3 per cent last month from July, mainly driven by food and housing costs. The producer price index gained 7.3 per cent year on year, slower than the 7.5 per ...

  2. Consumers still confident but rising food prices are a worry, survey shows

    Posted Aug 17th 2011, 12:00am

    ... of this year. That was the latest finding by the Nielsen global online survey, which scores views from 1 to 200, with a score above 100 indicating optimism. Rising food prices have become people's ... dollar, given the Hong Kong currency's peg to the dollar. 'It makes it more expensive to import our food from China,' said Tso, who was not involved in Nielsen's research. Hong ...

  3. In biting cold, survivors wait for food and shelter

    Posted Apr 16th 2010, 12:00am by Staff Reporter

    ... People who were fortunate enough to survive the catastrophic earthquake on Wednesday morning found themselves bereft of food, medical supplies and shelter in the freezing Qinghai weather. Zou Ming, head of the Ministry of Civil Affairs' disaster relief department, said the ministry had collected quilts, warm clothes and instant food, but transporting them to the disaster ...

  4. Food pushes mainland inflation to 11-year high

    Posted Dec 12th 2007, 12:00am by Cary Huang

    ... tightening as concerns rise that sharp increases in food prices could spread to other sectors of the economy. The consumer price index surged 6.9 per cent in November from a year earlier, up from the 6.5 per cent gain in October and its fastest pace since the 7 per cent rise recorded in December 1996. Behind the stronger-than-expected gain was an 18.2 per cent jump in food prices, led ...

  5. DaChan Food offering to raise up to HK$930m

    Posted Sep 15th 2007, 12:00am by Staff Reporter

    ... Wong Ka-chun DaChan Food (Asia), a major supplier of chicken meat to McDonald's and KFC on the mainland, is seeking to raise as much as HK$930 million from an initial public offering. The company is selling 310 million shares in the listing due next month, according to a sale document given to institutional investors. Of the total offering, 80.64 per cent will be new shares ...

  6. Inflation estimate rises on dearer food, weak dollar

    Posted Sep 25th 2007, 12:00am by Dennis Eng

    ... cent, reflecting growing concern over the effects of higher food prices, the strengthening yuan, and US dollar weakness. 'Our figures suggest that consumer price inflation for the past ... inflation on the mainland, the source of a lot of Hong Kong's food, and the relative weakness of the US dollar, to which the local currency is pegged, were helping fuel inflation, Mr Tsang ...

  7. Inflation picks up as food prices soar

    Posted Sep 21st 2007, 12:00am by Dennis Eng

    ... Dennis Eng Escalating food prices pushed the core inflation rate slightly higher to 2.7 per cent last month, although government rates concessions kept the headline figure at 1.6 per cent, ... to 1.5 per cent in July, or 2.6 per cent without the concessions. According to the Census and Statistics Department, food prices, which rose 4.6 per cent in August compared with 3.6 per cent ...

  8. US firm eyes food additive producer Gum

    Posted May 26th 2006, 12:00am by Staff Reporter

    ... second-largest producer of a food additive, with about US$100 million in financing in a leveraged buyout, according to sources. The source did not disclose how much Warburg Pincus is paying ... as a thickening agent in cosmetics and in the oil industry. The company, which has an annual production capacity of 20 kilotonnes mainly for exports, supplies such multinational food companies as Kraft ...

  9. Business Digest

    Posted May 31st 2012, 12:00am

    ... ENN to seek green light on proposed China Gas offer Gas supplier ENN Energy is to seek shareholders' approval on July 6 for a US$2.2 billion takeover offer for its bigger rival China Gas Holdings, even though the bid is significantly below the China ...

  10. Lifestyle - Food & Wine - ASK THE FOODIE BRIAN GOLDBERG

    Ask the Foodie: Brian Goldberg

    Posted Jan 24th 2013, 12:00am by Vicki Williams

    ... bing, the savoury street food crêpes, and his graduate paper was a business plan on setting up a jian bing store in New York, his hometown, although it never came to fruition. Eighteen months ago, taking a trip to Beijing and eating the snack food brought all those memories and plans flooding back. Feeling that the timing was right, he decided to open Mr Bing, a tiny restaurant ...




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