The United Nations Food and Agriculture Organization (FAO) has registered the first drop in global food prices in April after months of increases
Food & Commodity
Nestle to expand R&D capabilities in Asia
Swiss food and beverage giant Nestle has announced plans to invest more than US$4.37 million (S$5.5 million) to strengthen its R&D base in Singapore
Global food prices remain unchanged in March
World food prices in March remained almost unchanged from their February levels, according to the latest FAO Food Price Index. The Index averaged 216 points in March, compared to 215 in February
Tea prices to remain firm: FAO
Early forecasts for 2012 indicate continuing firm prices for tea, which averaged US$2.85 per kg in 2011, according to FAO’s Intergovernmental Group on Tea
Global food prices rise in January, reach historic peak
The FAO Food Price Index rose by nearly two per cent or four points from December to January– its first increase since July 2011