Banana news archive – Page 112
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ArticleEcuadorean banana exporter battles debt
Ecuadorean banana exporter Isbelni has reportedly been seized by the country’s National Finance Corporation (CFN) and the Deposit Guarantee Custodial Agency (AGD).
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ArticleAldi stops publishing banana price
Discount retailer abandons weekly pricing reference, leaving European banana market without key benchmark guide
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ArticleBanana exporter Isbelni seized
The Ecuadorean firm apparently has 60 days in which to disprove alleged links to Aspiazu Group which has millions of dollars of debt
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ArticleTaiwan incentives to boost banana exports
Taiwanese authorities have introduced incentives for growers to boost banana exports in an effort to alleviate a glut on the domestic market
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ArticlePhilippines banana labour spat
A major Philippines-based banana producer and marketer has been accused by labour activists of ‘union busting’ after the recent closure of one of its farms
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ArticleChiquita begins to refinance debt
Chiquita Brands International has announced that it has started refinancing a portion of its existing debt, including the company’s 8.875 per cent senior notes.
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ArticleMultinational banana earnings set to fall
Earnings at multinational banana companies are likely to be lower in the short term as a result of the recent E coli scare, according to analyst Jonathan Feeney of Janney Capital Markets.
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Article
Banacol signs social deal
Colombia-based banana producer-exporter Banacol’s social foundation has signed a deal with the government of Costa Rica to “reduce extreme poverty to zero” through IMAS, its institute for social assistance, to promote employee and family develo
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ArticleCameroon sees banana exports fall
Banana volumes exported from the Central and West African country are declining, but value continues to increase
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ArticleCosta Rica banana volumes slip in China
Costa Rican banana shipments to China fell last month due to high transport costs and mounting competition from the Philippines
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ArticleReefer storage upgraded at Davao
Reefer storage capacity at the Port of Davao has been beefed up to keep pace with banana exports from the region
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ArticleAnalyst expects lower banana earnings
European banana market prices "down 29 per cent" in wake of recent E coli outbreak and subsequent fall in consumer confidence
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ArticleDole to take refinancing measures
Dole Food Company has decided it needs more operating flexibility and plans to refinance its current senior secured credit facilities.
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ArticleAus banana supplies dwindle
Australia's cyclone-ravaged banana supplies dropped to their lowest level last week since Yasi hit in February
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ArticlePeruvian organic exports rise
The South American country has seen a big increase in organic exports this year, led by its key export, the banana
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ArticleExport boost for Peru’s organic bananas
Andean country enjoys increase in exports during first trimester of 2011 to US, Germany, Belgium and China
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ArticleExotics dance to promotional tune as loyal shoppers wane
Another slump for the exotics category means it needs to look closely at how it can fuel a turnaround in a competitive market, especially now that a flurry of Union Jacks has hit the fresh produce aisle. Anna Sbuttoni reports on a sector struggling to get ahead
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ArticleSalt Lake City goes Bananas After Dark
Dole promotional tour reaches Utah, encouraging locals to eat bananas for breakfast, lunch and dinner
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ArticleDeluge hits Philippine crops
Heavy rains have caused millions of pesos worth of damage to crops in several regions of the Philippines
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ArticleNoboa incurs US$5m in losses
Although the group’s banana operations are back up and running, the suspension of activities has reportedly led to significant losses