IN BRIEF - Stomper says Fillet-O-Fish price increase higher than inflation, McDonald's says pricing 'competitive'
Tuesday, February 07, 2023
The price of a McDonald's Fillet-O-Fish has raised as much as 23.4 per cent since last year, according to calculations by Stomper Shy Apple.
This is much more than Singapore's core inflation of 5.1 per cent and the Goods and Services Tax (GST) increase from 7 to 8 per cent at the beginning of the year.
"For example, now the Fillet-O-Fish is $3.95 and Double Fillet-O-Fish is $6.70. The Fillet-O-Fish Meal is $6.40 and Double Fillet-O-Fish meal $8.60 with upsizing priced at $1."
In response to a Stomp query, McDonald’s Restaurants Communications Director Linda Ming said:"McDonald’s shares the public’s concerns about rising food prices. Like all retailers, McDonald’s faces rising business costs due to increasing operating costs and inflation.
"While price adjustments may be necessary, our pricing remains competitive and we balance that by offering value on our customers’ favourite menu items, for instance, through value specials on McDonald’ app."
MAYNARD, Mass., (GLOBE NEWSWIRE) -- AquaBounty Technologies, Inc. (NASDAQ: AQB) (“AquaBounty” or the “Company”), a land-based aquaculture company utilizing technology to enhance productivity and sustainability, announced that Richard J. Clothier will retire from the AquaBounty Board of Directors and will not stand for reelection at the Company’s Annual Shareholder Meeting on May 25, 2023.
Mr. Clothier has extensive experience in the agribusiness and biotechnology sectors, having served as Chairman of the Board of Directors of AquaBounty since April 2006, as Chairman of Robinson Plc from 2004 to 2018, and Chairman of Spearhead International Ltd from 2005 to 2015. Mr. Clothier retired as Group Chief Executive of PGI Group Plc, an international agricultural products producer, following 20 years with Dalgety Plc, where he was chief executive officer of the genetics firm Pig Improvement Company until 1992 and then Group Chief Executive Officer until 1997.
The World Shipping Council (WSC) has voiced its opposition to the bipartisan Ocean Shipping Antitrust Enforcement Act, introduced this week by U.S. Representatives Jim Costa (CA-21), Dusty Johnson (SD-AL), John Garamendi (CA-08), Josh Harder (CA-09) and Jimmy Panetta (CA-19).
The proposed legislation aims to repeal the exemption for foreign ocean carriers from federal antitrust laws and address unfair practices affecting American businesses and consumers.
According to a U.S. Department of Transportation report, the top 10 foreign-based ocean carriers, operating foreign-flagged vessels, control over 80% of the shipping market. The new act would apply antitrust laws to these carriers, allowing the U.S. to address unfair trade practices, such as unjustified rate increases, excessive fees, and unexplained schedule changes.
UK wide conservation organisation the Game & Wildlife Conservation Trust (GWCT), has highlighted it’s serious concerns over the impact of the 200-barrel fluid leak into Poole Harbour on protected migratory fish. The GWCT operates the Salmon & Trout Research Centre on the River Frome at East Stoke, Dorset which has been monitoring the salmon population in depth for 50 years.
A major incident was declared on Sunday 26 March 2023, when a leak occurred at a pipeline operated by gas company Perenco.
The leak coincides with the start of the sea-bound migration of vulnerable young Atlantic salmon (Salmo salar) and sea trout (Salmo trutta), known as smolts, from the Rivers Frome and Piddle which flow directly through Poole Harbour. The young salmon and trout hatch from eggs laid by adults in the river, where they spend between 1 – 3 years before migrating to sea from March to mid-May. Here they will feed and grow for a further 1 – 3 years before returning to the river of their birth to reproduce.
The Tsukiji Outer Market in Chuo Ward, Tokyo is bustling like never before. Since the end of last year, the number of people, mainly inbound (visitors to Japan), has continued to increase.
The outer market, which is lined with many fresh fish shops and restaurants, has continued to operate even after the Tsukiji Market moved to Toyosu in Koto Ward in 2018, but it was temporarily quiet due to the new coronavirus. Many shops went out of business.
However, due to the relaxation of border measures and the weak yen, the number of tourists, mainly inbound tourists, has increased sharply since around December last year. Long lines have formed at popular tamagoyaki, sushi, sashimi and ramen restaurants.
The situation of Nichirei Foods Chubu Branch Commercial Use Group this term (fiscal year ending March 2023) is approaching the results of 2019 before COVID-19. Eating out increased by double digits year-on-year, thanks to tailwinds last summer and year-end and New Year holidays, when there were no restrictions on movement due to COVID-19.
An increase in the number of tourists from overseas has also contributed to the resurgence of hotel demand. As a whole, we are focusing on product proposals that solve the labor shortage and thinking about how we can help our customers.
The company's five concepts of "pursuit of deliciousness", "diversification of food", "convenience", "healthiness" and "personal use".
A Regional Workshop on Aquaculture Diversification targeting smallholder farmers and extension agents was co-hosted by the Food and Agriculture Organization of the United Nations (FAO) in partnership with the Committee of Veterinary and Livestock Development of the Republic of Uzbekistan, the Uzbekistan Research Institute of Fisheries and the “O’zbekbaliqsanoat” Association.
The workshop, which took place in Tashkent, was organized as a component of the “Capacity Development for Sustainable Fisheries and Aquaculture Management in Central Asia, Azerbaijan and Türkiye – FISHCap Project”, a project developed under the FAO-Türkiye Partnership Programme (FTPP II).
Species diversification in aquaculture is a strategy that contributes towards sustainable sectoral development. The event provided participants with an understanding of potential opportunities and constraints to the diversification of aquaculture production in their countries, and insights into the modalities for new species introductions requiring the support of government agencies, researchers and the private sector.
The Galician fishing and shellfish sector will develop, this year, 13 marine litter collection projects. Nearly 900 shellfish professionals and 25 boats will actively participate, according to the resolution of the call for aid that was analyzed by the Consello da Xunta. In the first edition of this initiative, 200 shellfish collectors and 5 boats participated.
The initiative, financed by the European Maritime and Fisheries Fund (FEMP), is aimed at fishermen's guilds, fish producer organizations and other associative entities in the sector in Galicia.
Source: IndustriasPesqueras | Read the full articlehere
Saudi Arabia has imposed a temporary ban on shrimp imported from India.
The suspension resulted from the detection of the presence of white spot syndrome virus (WSSV) in frozen shrimp products imported from India, according to the Saudi Food and Drug Authority (SFDA), following testing of seafood products by the Saudi Ministry of Environment, Water, and Agriculture.
WSSV is a contagious, lethal virus affecting penaeid shrimp. It is not a threat to food safety or human health.
Author: Cliff White / SeaFoodSource | read the full articlehere
Scottish Pavilion organisers HIE and SAIC are recruiting to fill the few remaining places on the Scottish Pavilion.
From 22 to 24 August, a Team Scotland partnership comprising the Sustainable Aquaculture Innovation Centre (SAIC), Highlands and Islands Enterprise (HIE), and Marine Scotland will provide a platform for Scottish businesses to showcase expertise, products and services at the global aquaculture event in Trondheim, Norway.
Author: Janice Johnston / FishFarmer | read the full articlehere
Russian trawler was denied to delivery frozen fish Norway
The following is an excerpt from an article published by Kystmagasinet:
Frozen cod, haddock and pollock worth millions did not keep the temperature low enough. The badly frozen fish was discovered in...
Copyright 1995 - 2023 Seafood Media Group Ltd.| All Rights Reserved. DISCLAIMER