Category: Business

  • PNG Post-Courier

    Papua New Guineans have been challenged to “actively contribute” towards development projects like the Boroko Transformation Project if citizens want to see change in the Pacific’s largest country.

    Prime Minister James Marape issued this challenge this week when launching the National Capital District Commission’s Boroko Transformation Project in Port Moresby.

    “This must happen. We all have a job to do, a role to play. Not just here in Port Moresby, but also around the country,” Marape said.

    “If you want Papua New Guinea to develop, you have a job to do as well. Take care of Boroko.

    “Don’t spit betel nut spittle here. We do not have other cities, we only have this city.”

    Betel nut is the seed of the fruit of the areca palm with distinctive blood-red juice. It is chewed with betel leaf and lime for their effects as a mild stimulant, causing a warming sensation in the body and slightly heightened alertness.

    It is popular across Papua New Guinea and in neighbouring countries.

    24-hour business hub
    The Boroko Commercial Business District will undergo major developments to enable it to achieve the status of a 24-hour business hub that is clean and safe for residents, businesses and visitors.

    NCD Governor Powes Parkop said this project is part of NCDC’s Vision 2030 to transform Port Moresby.

    “This city carries our name. It is our image, our pride. It is the first place of arrival and the last place of departure for all our friends, investors and tourists from all over world,” he said.

    “They define our people and our country by this capital city of ours. That is why it is very important that we lift this capital city leaving no stones behind.”

    According to City Manager Ravu Frank, the plans for the Boroko Transformation Project were drawn up in November last year and since then, more than K400,000 (NZ$186,000) has been spent in major clean-ups and road work programmes, setting the foundations for developments expected in the future.

    “The Boroko Transformation project is all geared to achieve our desire, wish and objective of a clean, safe, healthy and a planned Boroko for a liveable environment,” Frank said.

    On Monday this week, Boroko was declared a “betel nut-free zone” and other similar regulations will kick in as the transformation project unfolds.

    Republished with permission.


    This content originally appeared on Asia Pacific Report and was authored by APR editor.

    This post was originally published on Radio Free.

  • Mathias Cormann, Finance Minister
    The big end of town had a win late last week when the Albanese government delayed legislation aimed at shining light on multinational tax avoidance. Jason Ward explains why the backdown is bad news for taxpayers. 

    This post was originally published on Michael West.

  • New York: Apna Community Center organized a Round Table Conference to inform and educate Pakistani-Americans, particularly those associated with small and medium enterprises (SMEs) about a variety of free programs and schemes, including lucrative loans, offered by New York City.

    Katie Chen, Deputy Commissioner of New York City’s Small Business Department, graced the conference with her presence as a special guest.

    She shook hands with the women of the Pakistani community, individually. The event saw overwhelming participation from community people especially those running businesses.

    Apna Community Center Chairman Pervez Siddiqui welcomed Deputy Commissioner Katie Chen and introduced her to the guests.

    He said that there are many opportunities for small business in New York City, it is necessary that we give more awareness to our community.

    On this occasion, the Chief Executive Officer of Apna Community Center, Iram Hanif, while addressing the audience, said: “Our effort is to provide a bridge to all the community members who want to start any new business by providing them with the facilities available in the resources of the city government so that they can play an active role in the development of the country.”

    On this occasion, Apna Community Center Executive Director Shazia Watto brought to the attention of Deputy Commissioner Katie Chen that if the application process is made easier, more people will be able to benefit.

    Katie Chen, Deputy Commissioner of New York City’s Small Business Department, said that the city government has various programs for small businesses, including emergency services, marketing, and one-stop shopping, which you can learn to start your own business.

    The owners of the small businesses participating in the event asked various questions from the Deputy Commissioner and got more information.

    Finally, the community center and the participants expressed their gratitude to Katie Chen for her visit.

    The post Apna community center holds an awareness ’round table’ for SMEs on NYC’s different lucrative schemes, loans for SMEs first appeared on VOSA.


  • This content originally appeared on VICE News and was authored by VICE News.

    This post was originally published on Radio Free.

  • Seg3 alt harry thinking

    We continue our Juneteenth special with more from Harry Belafonte, the legendary actor, singer and civil rights activist, who died in April at the age of 96. Belafonte last appeared on Democracy Now! in 2016 at a special event at the historic Riverside Church in New York to celebrate Democracy Now!'s 20th anniversary. He co-headlined the event with Noam Chomsky. It was the first time they had done a public event together. Belafonte spoke about Donald Trump, who had just been elected president, and ongoing struggles for freedom and justice in the United States. “We just have to get out our old coats, dust them off, stop screwing around and just chasing the good times, and get down to business,” he said. “There's some ass-kicking out here to be done. And we should do it.”


    This content originally appeared on Democracy Now! and was authored by Democracy Now!.

    This post was originally published on Radio Free.

  • Historians believe that some of our earliest human ancestors first ate fish nearly 2 million years ago. According to Science, they gathered at ancient lakes and rivers in what we now know as Kenya and caught and deboned catfish with stone tools. Back then, seafood was a vital source of nutrition for our ancestors. Today, we have a plethora of foods to choose from, but we still have a big appetite for creatures from the deep blue sea. According to some estimates, global seafood production reached a staggering 179 million metric tons in 2018, and most of that was consumed by humans.

    But there’s a problem with the amount of fish, shrimp, crab, lobster, and other sea animals we’re eating: research suggests that the ocean can no longer cope with our demand. According to the World Bank, nearly 90 percent of global marine fish stocks are either fully exploited or overfished. This is bad news for underwater ecosystems, because it creates a catastrophic imbalance, leading to the loss of vulnerable marine life.

    But fishing gear itself is also a threat to wildlife. When industrial fishing trawlers drag their nets through the ocean, they don’t just catch fish, but they also accidentally catch animals like seals and seabirds, too. According to one study by WWF and Sky Ocean Rescue, around 720,000 seabirds, 345,000 seals and sea lions, 300,000 cetaceans, 250,000 turtles, and millions of sharks are dying annually after getting caught up in the fishing industry.

    Fixing all of this is incredibly complex. The global seafood market is a profitable industry, worth more than $257 billion, and it’s run by several major corporations, like Japan’s Mitsubishi Corporation, US’ Red Chamber Group, and Norway’s Mowi. But at least one of the industry’s biggest players, Thailand’s Thai Union, is ready for change. Here’s more about how seafood could look in the future (hint: it could be less about fish and more about plants).

    VegNews.Shrimp2

    Seafood industry giant embraces vegan innovation

    In 2021, Thai Union, one of the world’s biggest producers of seafood, hit headlines when it announced it was gearing up to launch vegan tempura shrimp. It wasn’t the first time the major company had dipped its toe into the plant-based sector—before that, it launched plant-based crabcakes and dim sum into the food service sector.

    In 2023, the company is more committed than ever to the world of plant-based seafood. It’s driven by consumer demand, of course, but also by the exciting untapped creative potential of vegan seafood and the environmental benefits it brings.

    “While the alternative meat market is fairly developed, the alternative seafood market is still in its nascency,” Maarten Geraets, Thai Union’s managing director of alternative proteins, told VegNews. It’s true that, while the plant-based meat market is expected to hit more than $15 billion by 2027, right now, estimates indicate that the plant-based fish market will hit $1.3 billion by 2031. It’s growth, but there is still plenty of room for more.

    “The potential is extremely exciting and is incredibly relevant for an incumbent seafood player,” says Geraets. “This demand will drive innovation within the seafood industry, and we’ll undoubtedly see more future-fit, alternative seafood solutions in the coming years. Consumers are very willing to try new propositions, but brands need to impress to drive repeated consumption.”

    In the UK and Europe, one of Thai Union’s most recognized brands is John West. When it comes to tinned tuna, you can find it in most fish-eating consumer cupboards. In a bid to capitalize on this trust and, indeed, impress its customers, earlier this year, John West launched Vegan Fish-Free Tuna with Tomato and Basil and Vegan Fish-Free Tuna with a Dash of Oil in the Netherlands, where 42 percent of the population follow a flexitarian approach to diet.

    The launch supports Thai Union’s Healthy Living, Healthy Oceans initiative, which aims to strengthen its growth and profitability while also focusing on health, well-being, and sustainability. “The world needs this change,” says Geraets. “In my view, the seafood industry must adapt and embrace the rich opportunities presented by this shift in consumer behavior.”

    VegNews.veganfish.JohnWestJohn West

    Joining with vegan innovators 

    But even the biggest of companies can’t transform an industry alone. And they don’t have to, because right now, the food industry is not short of brands developing creative, great-tasting vegan seafood products.

    Good Catch, for example, recently debuted the first plant-based salmon burger in the US. Canadian brand Gardein is known for its Crabless Cakes, while US brand the Ish Food Company, a certified B Corporation, makes everything from vegan shrimp to vegan lobster.

    Last year, Thai Union partnered with the latter to help increase its manufacturing and distribution, and subsequently invest in the growth of the sustainable vegan seafood space. It has also partnered with French algae company Algama, plus, other seafood giants have also started to see the potential in plant-based innovation. In 2020, Bumble Bee Foods, a leading producer of canned tuna, partnered with Good Catch to help it bring its plant-based fish products to more consumers.

    Much like Geraets, Bumble Bee Foods’ president Jan Tharp believes it is “critically important” for the seafood industry to adapt. “As an industry [we need to] continue to find innovative solutions to decouple growth with environmental impact,” she said in a statement. “Providing great-tasting alternative ways for consumers to enjoy ocean-inspired foods is a key pillar of our long-term commitment to ocean health.”

    Other companies have kept things in-house. After spying the potential in the vegan seafood sector, Conagra Brands, another food industry giant, launched fish-free fingers under its plant-based Green Cuisine range with Birds Eye. The latter is known for its frozen fish and, in the UK, its very own fish finger mascot, Captain Birdseye, is iconic. At the time, Birds Eye’s senior marketing manager Jess Ali said that it wanted to create a vegan version of its original recipe to “appeal to more Brits dietary requirements.”

    There’s no doubt, the seafood industry needs to change. But as Thai Union is keen for us to know, this isn’t going unnoticed by the fishing industry’s biggest names. Progress is underway, assures Garaets. In 2022, for example, the company launched the first vegan shrimp wonton in Thailand, which was then nominated in the Gulfood Innovation Awards “in recognition of the fresh innovation” it brought to the plant-based category.

    “We are actively pursuing this opportunity for the US market and look forward to launching further alternative protein solutions for consumers in time,” said Geraets.  “As a new category, we need to develop more meaningful connections with consumers and find new ways to tell our story.”

    This post was originally published on VegNews.com.

  • When vegan fast-food restaurant Honeybee Burger first opened in Los Angeles nearly four years ago, founder Adam Weiss had one mission: to make plant-based food more accessible for the sake of human health, animals, and the planet. After opening Honeybee Burger in LA’s Mid-City neighborhood, Weiss would go on to open a ghost kitchen and a second location in Venice, CA. 

    This month, Weiss is putting Honeybee Burger into hibernation and launching a brand new plant-based concept with co-owner John Salley, an NBA legend and longtime vegan. Located in the same Mid-City location that formerly housed Honeybee Burger, Mother Plucker is the city’s newest vegan chicken concept. 

    After its soft opening on April 1, the vegan fast-food restaurant is gearing up for its official grand opening set for Saturday, April 15. Hungry patrons and longtime customers of Honeybee Burger can expect to find plant-based chicken tenders—made by vegan chicken company Tindle—on the menu alongside French fries, coleslaw, and a number of dipping sauces such as buffalo, three varieties of ranch (classic, avocado, and chipotle), barbecue, and Sweet Heat. 

    VegNews.TindleTendersTindle

    Dairy-free shakes in Oreo, vanilla, creamsicle, strawberry, chocolate, and Thin Mint round out Mother Plucker’s current menu. 

    In the future, Mother Plucker will expand its menu with exclusive items from its corporate partner Tindle. Chicken-and-waffle sandwiches and breakfast items are just a few of the items coming to the restaurant’s menu. 

    “Mother Plucker will have the exclusive launch of a few [Tindle] products,” Weiss tells VegNews. “We’ve tried every single vegan chicken on the planet, […] and Tindle’s was our favorite.” Already, this collaboration has brought an exclusive item to Mother Plucker—Tindle’s tenders are making their US debut at the chicken shop.

    VegNews.MotherPlucker3.TaylorMcKinnonTaylor McKinnon

    The eatery is hosting its grand opening this Saturday between 11:11 AM and 4:20 PM when customers can stop by to meet Salley himself and pick up a free mini meal that features two tenders, fries, dipping sauce, and choice of lemonade or iced tea.

    “As a strong contender in the LA restaurant scene, we believe Mother Plucker will set a high bar for consumers–especially when it comes to delicious and memorable chicken dishes,” Andre Menezes, CEO of TiNDLE, tells VegNews.

    “LA is home to some of the most unique and cutting-edge culinary concepts, so we’re thrilled to partner with innovators like Weiss who understand how impactful the plant-based industry can be when we harness the power of new and creative partnerships,” he says. 

    Mother Plucker lands in LA

    Mother Plucker is a collaborative effort by several LA vegan businesses, entrepreneurs, and community members. Among them are Taylor McKinnon, Charlie Kim, and Aaron Haxton—co-owners of Mr. Charlie’s, the gone-viral restaurant dubbed “vegan McDonald’s” by TikTok. 

    Mutual connections first brought Weiss and McKinnon together. Since their first encounter, the entrepreneurs developed a relationship built on mutual support, despite them running competing businesses located less than half a mile from one another.

    “[Weiss] has been a huge supporter of [Mr. Charlie’s] since we met,” McKinnon tells VegNews. “We’ve been through quite a few journeys together figuring out the market, and he’s introduced me to great people and has been a massive ambassador. When the opportunity to serve him came up, I called him.”

    McKinnon, who had been working with Tindle to expand Mr. Charlie’s menu, was inspired by the company’s vegan chicken offerings—so much so that he was motivated to create an entirely new concept, Mother Plucker, around the brand’s products. 

    VegNews.TiNDLE.USRetailRangeNext Gen Foods

    Weiss had disclosed to McKinnon that he was thinking about launching a new vegan concept, and after being impressed by Tindle’s tenders, McKinnon was ready to approach the Honeybee Burger founder with his idea for Mother Plucker. “I just remember thinking, ‘Adam could really use this product,” McKinnon says. 

    After the duo discussed bringing Mother Plucker to fruition, Weiss ultimately decided it was time for Honeybee Burger to “go into hibernation.”

    John Salley joins the team

    Weiss, an investor and former Wall Street finance expert, grew Honeybee Burger from the ground up. “I know you grew Honeybee from a name, slideshow, and an idea,” Weiss recounts McKinnon telling him. “How would you feel about teaming up with a major vegan superstar?”

    For McKinnon, Salley was the perfect fit. The NBA legend, a regular customer of both Mr. Charlie’s and Honeybee Burger, immediately loved the concept for Mother Plucker. 

    “[McKinnon] came to me and said, ‘[Weiss] is thinking about moving Honeybee over to something different,” Salley tells VegNews. “I thought Mother Plucker was the greatest thing.”

    With Salley on board as co-owner, McKinnon and Weiss connected over their ideas and goals for Mother Plucker and the transformation of the Honeybee Burger space began. 

    Honeybee Burger turns into Mother Plucker

    With the help of his Mr. Charlie’s co-owners, McKinnon spearheaded Honeybee Burger’s renovation. “One of my biggest dreams was to leave [Weiss and his team] at peace,” McKinnon explains. 

    McKinnon banned Weiss from entering his restaurant space, and within 48 hours, Honeybee Burger was transformed into Mother Plucker. McKinnon tapped into Mr. Charlie’s team—from his co-owners to the restaurant’s sign-makers, uniform designers, and merchandise experts—to breathe life into Mother Plucker. 

    “Everything was made locally to create support for the environment and our sectors,” McKinnon says. “This keeps everyone in their jobs and keeps companies [engaging] locally.”

    VegNews.MotherPlucker4.TaylorMcKinnonTaylor McKinnon

    During renovation, Weiss shares, he was completely out of his comfort zone but had full trust and confidence in McKinnon. When it came time to see his new restaurant, he was overjoyed with the space’s new look—but there was still one piece of business that he needed to attend to.

    “We’re doing all this work, and [McKinnon] is paying for everything. I said to him, ‘We have to set your equity number,” Weiss explains. “When I go in [to Mother Plucker], I’m shaking. It was extraordinary, but I kept thinking, ‘What is he going to ask for?’”

    When the two entrepreneurs finally sat down to discuss repayment, McKinnon had just a few words: “Brother, it’s yours. I want nothing.” Instead of repayment, McKinnon asked Weiss to distribute whatever equity he was willing to give him among his Mother Plucker staff. 

    “I come from Wall Street,” Weiss says. “Everyone gets equity, and everyone gets paid. [McKinnon] said to me, ‘Adam, Mr. Charlie’s wouldn’t be here without Honeybee. You have done so much in this industry, and you’re taking so much risk. You have 10 beautiful team members that I want to [help support].’”

    “I needed some help a long time ago,” McKinnon shares. “Mr. Charlie’s stands up and pushes community spirit. In order to keep doing that, we have to keep doing the work—it’s important to us as a brand.”

    Following in Mr. Charlie’s footsteps, Mother Plucker has also committed to hiring future employees from the Dream Center, a nationwide organization that helps unhoused and formerly incarcerated people get back on their feet by providing them with housing, training, and additional resources. 

    What about Honeybee Burger? Weiss decided to put the burger chain into hibernation—shuttering his Venice and ghost kitchen outposts earlier this year—after increased competition from other vegan fast-food restaurants. 

    VegNews.MotherPluckerMother Plucker

    However, Weiss is toying with the idea of making Honeybee Burger a virtual concept. Some of Honeybee’s menu items may also make an appearance on the Mother Plucker menu or at in-store pop-ups. As for the restaurant’s highly anticipated New York location, Weiss has plans in development that he is hoping to announce soon. 

    “The idea of Mother Plucker, and working with [McKinnon], is not one born out of failure, but of opportunity,” Weiss says. “It’s not the story of an end, but of a better beginning.”

    This post was originally published on VegNews.com.

  • By Timoci Vula in Suva

    Fiji’s Department of Information spent $889,234.84 in taxpayer funds to the Fiji-owned company Vatis Communications until its contract was terminated earlier this year.

    Prime Minister and Minister for Information and Public Enterprises Sitiveni Rabuka revealed this in Parliament last week in response to questions raised surrounding the engagement of Vatis Communications by the Ministry of Information under the Voreqe Bainimarama-led FijiFirst government.

    Rabuka said Vatis had been engaged by the Department of Information from September 2019 to January 2023 to provide social media management services for the Fiji government social media platforms.

    He said the department did not have the specifics for the engagement of Vatis by other ministries.

    “The Department of Information entered into two one-year contracts with Vatis, commencing on September 24, 2019, and October 1, 2022, respectively, which also included provision for extensions,” Mr Rabuka said.

    “The first contract between the Department of Information and Vatis commenced on September 24, 2019, and was valued at $280,000 VIP.

    “The second contract which commenced on October 1, 2020, was valued at $295,412 VIP.”

    The PM said that according to the Registrar of Companies records, Vatus was established on January 22, 2018, while the advertisement for the initial expression of interest for a social media management firm was posted on August 17, 2019.

    Responding to questions on its experience and motivation, Rabuka noted Vatis had previous experience working with multiple and diverse range of stakeholders that included government ministries and statutory organisations, independent agencies and private organisations; and their experience included crisis management and strategic communication services on social media platforms, among other things.

    Timoci Vula is a Fiji Times reporter. Republished with permission.

  • Corporate diversity and inclusion have become more about profits than about recognising the rights of women and minorities, argues ousted Te Whatu Ora chair Rob Campbell.

    COMMENTARY: By Rob Campbell

    Just as we are making some progress on diversity and inclusion policies in business governance and management my perverse mind is starting to have doubts.

    Initially around gender diversity I was an enthusiastic camp follower. It seemed a relevant part of progressive social change.

    As Te Whatu Ora chair, I was an advocate and supporter of a much stronger role for Māori in health governance and management. I was a strong promoter of inclusion in all my roles such as at Summerset, Tourism Holdings and Sky City.

    I was recognised for this when awarded Chair of the Year a few years back, and the Beacon Award from the Shareholders’ Association at about the same time.

    I think that we have made progress at business board and senior management level — by no means complete but barriers have been reduced and seats filled more appropriately.

    I confess that even while I and many others were advocating and implementing this, my doubts crept in as the narrative morphed from one primarily about rights into one more based on demonstrated benefits, for example, to profitability.

    Then the prize-giving started, the “champions” preened, and one could not help but wonder what interests were really being served. It really was not all that difficult or radical in its impact as after all — the replacements were from the same class and education and non-cis gender characteristics as the old.

    Long overdue
    It is a good thing rather than bad of course, long overdue and still far from complete.

    But the old hierarchies and principles of business control, practice and ownership have not been that much affected. We have more women in influential roles but the roles and expectations of those in the roles have not changed very much. Higher gender representation is a step on the way to gender equity in the workplace but not a final goal.

    My perception is that ethnic diversity is facing an even harder road. There has been some progress but it seems that neither the will nor the availability of “suitable” candidates is as strong as it is on gender.

    Of course this tells us something — our perception about what is “suitable” is limited and excludes all but a few from non-Pākehā communities. It is not that such communities do not have highly capable leaders but that the capability does not readily match the ways business expects its governance and management to be.

    You could be kind and call this a cultural difference. Similar issues may hold back business governance diversity in terms of non-cis gender differences and neuro differences. Maybe what business wants is not real and far reaching diversity but “acceptable or non-disruptive” diversity.

    Welcome to the boardroom and the executive floor on the terms that have always prevailed.

    So this makes me think about “inclusion” too. There is an increasing range of inclusion programmes, training and schemes. My inclination is to welcome and support these and, as with gender, I have seen and celebrated individuals step up within such processes and succeed.

    Cue more prizes, awards and media releases.

    Common theme
    But I see a common theme as we progress. Business is making pathways some for people from other cultures to become acceptable or suitable — on the terms of business. Colonialism has always done this politically and we can see this commercially as well.

    These are adaptable social systems well capable of changing appearance without changing substance.

    Companies co-opting or paying mere lip service to diversity and inclusion? It’s almost universal.

    I admire the people who take these opportunities. They often have to change a lot, to take on more than their peers at work, to model and represent. But business inclusion is inclusion into the world of business not business changing to match another culture, other than quite superficially.

    I wonder if these processes are not more akin to “assimilation” than genuine diversity and inclusion. That is, always on the terms of the boss. Welcome to our club, on our terms. This assumes superiority of culture.

    Just like assimilation sought to obscure and diminish the outside, the minority, the different in order to seem to include. Ultimately assimilation was seen for the destructive force in social policy that it was — a steamroller to flatten diversity not to encourage it.

    Like assimilation, I don’t think, now that my thoughts have run to this point, that our “D&I” policies, appointments and programmes, will really be much of a force for change.

    That does not make them bad, but lets not pretend they are more than they are. The same people still mainly fill the same roles according to the same rules, doing the same things, as they did before.

    I welcome anyone who can convince me otherwise. I don’t like being the grumpy, cynical old man.

    Rob Campbell is chancellor of AUT University and chairs NZ Rural Land Co and renewable energy centre Ara Ake. He is a former chair of health agency Te Whatu Ora, the Environmental Protection Authority, SkyCity Casino, Tourism Holdings, WEL Networks and Summerset. He trained as an economist and originally worked as a unionist before eventually becoming a professional director. This article was first published by Newsroom and is republished with the author’s permission.

    This post was originally published on Asia Pacific Report.

  • By 2040, more than half of the meat we eat will no longer come from farmed animals. Rather, it will be in the form of vegan or lab-grown protein, according to a new report published by United Kingdom intellectual property specialists GovGrant.

    GovGrant’s report notes that companies are expected to make continued progress and break down more barriers related to vegan and cultured meat over the next several years. Specifically, by 2040, GovGrant predicts that cultured meat will make up 35 percent of the world’s meat consumption, and vegan meat replacements will comprise 25 percent—leaving less room for the way we traditionally produce meat.  

    “Since there’s such huge potential demand for lab-grown meat, that’ll only spur companies on to innovate further and perfect their products,” Adam Simmonds, a research associate at GovGrant, said in a statement. 

    VegNews.GOODCultivatedMeat-4Eat Just

    “This could become an interesting area of growth for the US and other countries, particularly as not many nations possess the expertise to produce this meat. There will definitely be an uplift in the number of producers, who’ll want to take full advantage of the upcoming boom in demand.”

    United States leads growth of cultivated meat

    Cultured meat, also known as lab-grown or cultivated meat, uses a small amount of animal cells and grows them in a lab setting to make a food product. The benefits to cultured meat are vast, with life-cycle assessments indicating that it will use significantly less land and water, emit fewer greenhouse gasses, and reduce agriculture-related pollution and eutrophication—in addition to no longer needing to face the ethical issues in the raising and slaughtering of animals.

    VegNews.CultivatedChickenCOP27.GOODMeat

    Because the cultured meat sector is predicted to grow rapidly in its market share within the food industry, the report highlights the countries poised to lead the development. According to the report, the United States is currently responsible for over 60 percent of global investment in cultured meat—more than all other countries combined—and has broken the billion-dollar mark in the process. 

    Comparatively, Israel (21.72 percent), the Netherlands (5.67 percent), Singapore (4.61 percent), and the United Kingdom (1.31 percent) round out the top five of GovGrant’s list of countries most invested in cultured meats, while China (1.17 percent), South Korea (0.97 percent), Japan (0.60 percent), France (0.49 percent), and Spain (0.46 percent) round out the top 10. 

    Regulatory approval of cultured meat

    Ever since the Singapore Food Agency approved Eat Just’s cultured chicken, created under its subsidiary GOOD Meat, in December 2020, there have been little other regulatory approvals for commercial sale of cultured meat products. However, the US Food and Drug Administration (FDA) recently took a step towards allowing the sale of cultured meat in the US, deeming a meat product from UPSIDE Foods to be safe for human consumption while also engaging with multiple other firms to do the same.

    VegNews.CultivatedChickenSandwich.UPSIDEFoodsUPSIDE Foods

    Last November, California-based company UPSIDE Foods received a generally regarded as safe (GRAS) letter from the FDA, deeming its cultivated chicken filet safe for consumption in the US. 

    UPSIDE Foods worked with the FDA to receive its GRAS letter, becoming the first company in the world to get the FDA green light for cultured meat. In addition to releasing a memo explaining its approval, the FDA published a 104-page document prepared by UPSIDE Foods detailing the safety and production process of the company’s cultivated chicken filet.

    “We are thrilled at FDA’s announcement that, after a rigorous evaluation, FDA accepts UPSIDE’s conclusion that our cultivated chicken is safe to eat,” David Kay, UPSIDE Foods’ Director of Communications, previously told VegNews.

    “UPSIDE Foods is ushering in a new era in meat production with this ‘No Questions’ letter, and this historic step paves the way for our path to market in the United States,” Kay said.

    UPSIDE Foods has been working towards approval since 2018, when the company worked with meat industry group North American Meat Institute (NAMI) to support the establishment of a regulatory framework that pairs the FDA and US Department of Agriculture (USDA) together in granting regulatory approval for cultivated meat. UPSIDE is now moving on to gain approval from the USDA

    VegNews.UpsideFoodsChicken (1)UPSIDE Foods

    UPSIDE Foods’ regulatory approval could pave the way for mass market adoption in the US. “With the FDA rubber-stamping lab-grown meat as safe, the market should really take off now,” Alec Griffiths, IP manager at GovGrant, said in a statement. 

    “That makes it more important than ever for companies to protect their assets, so we can expect to see an acceleration in the number of patents filed in the coming months and years—and plenty of new faces in the sector.”

    This post was originally published on VegNews.com.

  • Giuseppi Porcelli, Tony Abbott
    How a fast-talking tech entrepreneur turned a $4m company into a $100m company overnight – without the assistance of customers. Michael West with chapter three in the story of Lakeba Group and amazing chief executive Giuseppi Porcelli.

    This post was originally published on Michael West.

  • Much discussion around breastfeeding is about women’s choice to breastfeed or not. But who really decides on how a baby is fed when a $55 billion industry is at stake?

    A new series of studies published in The Lancet shows how baby food corporations influence infant feeding practices both nationally and globally, working through systems of power which are both direct and indirect, and highly gendered. Through these systems, a commercial ecosystem favourable to early weaning and sales of commercial milk formula (CMF) products is established. You can watch the Australasia & Pacific launch event of the 2023 Lancet Breastfeeding Series here.

    Overall the Series helps to understand the commercial actors and structural forces that influence feeding practices across entire populations, and put an end to unhelpful and deeply unfair narratives that place responsibility for infant and young child feeding solely onto women and families. Authors call for wide-ranging actions that end this harmful commercial influence.

    Gendered power systems exploit vulnerabilities and policy gaps to shape breastfeeding practices 

    Sales of CMF products have been booming and are now $55 billion of global retail sales a year. The industry spends least $3 billion a year on marketing. This marketing spend completely swamps any spending by governments around the world on protecting, promoting and supporting breastfeeding. 

    Targeting parental anxieties and protecting breastfeeding effectively

    The first paper in the Lancet series identifies concerning global trends and patterns in breastfeeding, and describes how typical infant behaviours are commonly misinterpreted as signs of insufficient or inadequate milk, and result in early use of breastmilk substitutes, and disruption of lactation. 

    New mothers and their infants and young children are well understood to be uniquely vulnerable to marketing. For this reason governments have agreed globally since 1981 that promotion of breastmilk substitutes should not be allowed. This agreement, including numerous subsequent Resolutions by the World Health Assembly, is known as the International Code of Marketing of Breast-milk Substitutes. The Code covers specialised formulas, products known as ‘growing up’ or ‘toddler’ milks/formulas, and formula products for infants in the first year.

    Women and children have specific human rights related to good quality maternity care that enables well informed decisions about breastfeeding made free from commercial influence. Women’s rights to adequate maternity protection in the workplace, freedom from discrimination and to a friendly environment for breastfeeding are also well documented. Furthermore, breastfeeding provides for realising the optimal reproductive health of women, as well as being the best way for the child to survive and grow.

    The measures needed to provide an enabling environment for breastfeeding are well known but not widely implemented, and include the Baby Friendly Hospital Initiative, the International Labor Organization’s standards for maternity protections in employment, and Code implementation. 

    Baby and toddler food selection in a supermarket in Toronto, Canada. Picture: Shutterstock

    Baby and toddler food selection in a supermarket in Toronto, Canada. Picture: Shutterstock

    The marketing playbook 

    Medical researchers have demonstrated that pharmaceutical companies use ‘disease mongering’ to promote sales of drugs, but less well known is how the CMF industry also pathologizes normal infant behaviour in order to create and reinforce parental anxieties and promote sales of high priced baby milk products.

    The second paper in the Lancet series describes how the marketing playbook for formula products exploits the common vulnerabilities and anxieties of parents, and plugs gaps in policies and programs needed to support women to breastfeed. For example, CMF products including specialised formulas are offered to women and health professionals as solutions to pathologized infant behaviours such as crying, fussing or sleeplessness, or in response to anxieties about insufficient milk or allergy. 

    With only around 10% of births in facilities meeting BFHI standards for staff competencies on breastfeeding, and adopting Code provisions for health workers, health professionals are commonly poorly equipped to help women manage these issues. It is not unusual for industry to provide their continuing medical education on infant and young child feeding. 

    Indeed, health professionals are a central to formula marketing and are viewed as key ‘category entry points’. Marketing also occurs via influence on scientific research and medical guidelines, as well as industry support and sponsorship for health professional journals, conferences and medical organisations.

    Marketing is also shown to use gender, positioning formula as ‘liberation in a can’, especially for women’s labour force participation and upward mobility. Breastfeeding and thereby women’s bodies, are portrayed as inherently difficult, unreliable, and inconvenient.  Formula is offered as a lifestyle choice and a solution to all difficulties of infant care, while breastfeeding advocacy is framed as harmful moral judgement that causes women to feel guilty. 

    Confrontational messaging depicting “mommy wars” (for example, the Sisterhood of Motherhood advert) divides women by challenging the importance of breastfeeding, and depicting public health messages as anti-feminist. Such industry messaging turns attention towards individual ‘choice’, and – importantly – away from structural factors and policy gaps which constrain women’s decisions on infant feeding. It emphasises breastfeeding as individual women’s responsibility, rather than a narrative that bearing and rearing children is a collective responsibility.

    Two-faced and gendered corporate power systems

    The global boom of milk formula sales has resulted in immense power of formula companies to shape the ‘ecosystem’ for women’s infant feeding decisions, using the same industry ‘playbook’. This extends to stakeholder marketing whereby the power of the industry is used to influence the regulatory and policy environment at global and national levels in their own interests. Women’s voices may be unrepresented in such processes.

    For many decades, the public face of the formula industry has been that of benevolence and corporate social responsibility, including the companies stating their so-called commitments to breastfeeding. 

    Less visible are corporations’ political activities to shape the infant feeding  culture or ‘ecosystem’, including extensive lobbying by an international network of front groups that often operate covertly to block or delay marketing regulations. These more hidden political activities undermine and under-resource the structural supports for breastfeeding in health systems, employment and public financing. 

    Industry lobbying against marketing regulations is well documented, but the size of baby food market is also affected by other public policies.  Industry discussions are open about how they use parental fatigue and uncertainty to sell their product – ‘what we are selling is actually sleep”. 

    In Australia, a 2016 baby food market report highlighted that changes to the paid parental leave policy ‘would influence whether breastfeeding was feasible’; longer leave would decrease sales, while ‘assisting the return to work would have the opposite impact’ . In Ireland, industry lobby groups including global formula companies have cautioned against maternity protection reforms and opposed extension of breastfeeding breaks.

    ‘Applied patriarchy’ and economic policies

    Uniquely, the Series highlights the bigger picture of how key economic institutions, and taxation and fiscal policies advantage industry at the expense of women and children, and undermine and under resource unpaid work. For example, the third paper in the Lancet Series discusses how women’s unpaid care work is unmeasured by gendered economic statistical systems, excluded by the United Nation’s System of National Accounting which sets rules for what counts in GDP.  Described by feminist economist Marilyn Waring as ‘applied patriarchy’, this system shows a rise in GDP when CMF sales rise, and a fall in GDP when breastfeeding increases. 

    Globally, women were estimated to provide over 23 billion litres of breastmilk a year in 2010. The Mothers Milk Tool provides updated estimates. Yet breastfeeding is under-recognised as an element of food policy and planning, and excluded from international and national food monitoring systems except in Norway.

    Breastfeeding provides important food security for babies, but despite this, women’s voices are silenced in relevant policy discussions. In contrast, as shown in paper 3 of the Lancet Series, the baby formula, dairy and other industry representatives are privileged to comprise around a third of government delegations to the global food regulatory body, Codex Alimentarius. Codex sets minimum benchmarks for national food policies and standards, including on how commercial milk formula can be packaged and labelled for marketing.

    The authors argue that addressing gender biases in statistical systems would make the economic gains from breastfeeding more visible and the implications for women’s well-being more evident, while also raising the priority of protecting breastfeeding in international and national trade decision making.

    Time to care

    Care of an infant is tiring and time consuming – exclusive breastfeeding as recommended for 6 months takes around 20 hours a week.  For over a century, the International Labor Organization has sought to to protect the health of mothers and infants through promoting minimum standards for working mothers. 

    The Maternity Protection Convention provides for a minimum standard of 14 weeks paid maternity leave, and breastfeeding breaks, with payment at two thirds of previous earnings, and funded from public revenue. 

    Yet, more than half a billion women globally lack any of these protections, more than three in ten did not have at least 14 weeks paid at two thirds of previous earnings, and the majority live in countries with no entitlement to nursing breaks. Providing maternity and parental leave and provide breastfeeding breaks at ILO standards was both feasible and affordable in diverse country settings, costing no more than half a per cent of GDP.

    Despite calls for transformative investments in the care economy in response to an escaling global crisis of care, governments rarely allocate necessary budgets. Instead superficial campaigns promoting ‘breast is best’ substitute for more difficult and costly measures addressing the structural drivers of infant feeding decisions. Without substantial societal investments, women’s choices are open to manipulation by exploitative marketing of CMF.

    Central to addressing the global boom in milk formula sales are fiscal policies which shape social protection systems providing women with income security and poverty alleviation, access to public services such as quality childcare, and ensure health financing and medical training systems which avoid creating financial pressures for health facilities and health professionals to accept gifts, donations or sponsorship from CMF companies, and instead offering culturally appropriate and women centred maternity care that is free from commercial influence. 

    Trumping human rights

    To date, trade and commerce trump women’s and children’s rights when it comes to infant and young child feeding in Australia, and internationally, indicating that transformational change to these gendered power systems is urgently needed. Key recommendations include;

    • Adoption of a framework convention on commercial marketing of foods for infants and young children obliging governments to regulate industry marketing and lobbying
    • Data collections which bring women’s unpaid work into visibility in economic accounting systems, 
    • Alignment of ILO standards on paid maternity leave with health recommendations for 6 months of exclusive breastfeeding, and 
    • Using fiscal policy including gender budgeting approaches to fully resource comprehensive maternity rights protection, and channel greater investment into maternal infant and young child health and nutrition.

     

    Please note: Picture at top is from Shutterstock

     

    The post How women’s decisions about breastfeeding are made for them appeared first on BroadAgenda.

    This post was originally published on BroadAgenda.

  • ANALYSIS: By Ayesha Scott, Auckland University of Technology; Aaron Gilbert, Auckland University of Technology, and Candice Harris, Auckland University of Technology

    Gender equity continues to be a significant problem in business globally. We all know the story: the gender pay gap is a persistent issue and female-dominated industries tend to be lower paid.

    Female representation in senior leadership and board positions remains low in many countries, particularly in Aotearoa New Zealand. Women comprise only 28.5 percent of director positions across all NZX-listed companies and just 23.7 percent at companies outside of the NZX’s top 50.

    Change is slow despite the well-established evidence showing the merits of improving gender equity for businesses — including better firm performance — and excellent initiatives such as Mind The Gap.

    But there is a way to support companies that have made the change towards greater gender equity — and encourage others to do the same: we can invest with a “gender lens”.

    The aim of investing with a gender lens is not only to make a financial return but also to improve the lives of women by providing capital to those companies doing well on gender issues.

    Gender lens investing goes beyond counting female representation at board level. It encompasses the number of female managers, leaders and employees as well as the existence of policies or products provided by a company to address the gender pay gap and other inequities faced by their female employees.

    It also encourages investing in women-owned enterprises.

    In essence, investing with a gender lens means identifying and investing in those companies that are empowering their female employees and embracing diversity.

    This might seem simple. But there are no investment portfolios or funds investing in companies that do right by women.

    One explanation for this gap is that identifying gender-friendly companies is not easy. And this is where rating agencies have a role to play.

    The role and power of rating agencies
    Over the past three decades there has been a fundamental shift towards investing for not only financial returns but also for social outcomes — so called Responsible Investing (RI).

    The growth in RI has spawned an industry dedicated to defining and measuring a company’s non-financial contributions across a range of areas, specifically across the environmental, social and governance (ESG) pillars.

    The rating agencies build scores by collecting data on issues within each of the ESG pillars — for instance, the environmental pillar comprises data on carbon emissions, land use and water, among other measures — and then converts this into an overall score.

    Fund managers, especially those managing RI funds, use these scores to inform investment decisions. What, then, are the comparable measures for gender lens investing?

    While some rating agencies have created measures to identify companies suitable for a gender lens portfolio — for example, Sustainalytics has a gender equality index — others have very little on gender at all.

    Some rating agencies seem to base gender equity performance on the number of women on a company’s board or its in-house policies on diversity and discrimination.

    In short, there is little-to-no substantive information available to allow investing with a gender lens. And why is that?

    Well, rating agency MSCI states it collects information on “financially relevant ESG risks and opportunities”. Sustainalytics requires an issue to have a “substantial impact on the economic value of a company”. These agencies require an issue to affect financial performance.

    Under its “social” pillar, for example, MSCI considers water usage, arguing companies in high-water-use industries face operation disruptions, higher regulation and higher costs for water, which can reduce returns and increase risk.

    The absence of data related to gender implies women-friendly policies are not viewed as affecting the performance or risk of companies.

    A gender lens to the rescue?
    But with a bit of a push, rating agencies can help make gender equity transparent. They have the research capability and access to company data that everyday investors do not. This can help investors make informed decisions about what to invest in.

    Pressure from investors can also force companies to address equity issues. When that happens, the public metrics of company performance on gender issues become a lever around which companies can be encouraged to change.

    Investors themselves may also find great personal satisfaction in being able to make gender-aware decisions if they could easily apply a gender lens when deciding where to invest.

    It is time for potential investors to start demanding data be collected. Once that happens, rating agencies will send a message to companies that gender equity matters. As long as investors stay silent, progress will remain slow.The Conversation

    Dr Ayesha Scott, senior lecturer – finance, Auckland University of Technology; Aaron Gilbert, associate professor in finance, Auckland University of Technology, and Candice Harris, professor of management, Auckland University of Technology. This article is republished from The Conversation under a Creative Commons licence. Read the original article.

    This post was originally published on Asia Pacific Report.

  • The value of claims through the research and development tax incentive (RDTI) scheme’s non-refundable tax offset is estimated to return to pre-pandemic levels this financial year, as it has been revealed that larger businesses accrued most of the benefits of the scheme at the beginning of the pandemic. The non-refundable tax offset is available to…

    The post Big business dominates R&D tax benefit scheme appeared first on InnovationAus.com.

    This post was originally published on InnovationAus.com.

  • Non-subsidised LPG price was hiked to Rs 1,103 per 14.2-kg cylinder – the first increase since July 2022

    This post was originally published on The Asian Age | Home.

  • Alan Joyce Qantas results presentation
    The ebullience with which Qantas chief Alan Joyce announced the airline’s well telegraphed record half year pre-tax profit of $1.4 billion, underscored perfectly the jarring disconnect now at play in the company. Michael Sainsbury reports. True to its priorities, the company also announced a share buyback of $500 million, its second in the past 12 […]

    This post was originally published on Michael West.

  • Northern Beaches Hospital, Healthscope
    The Sydney public hospital now controlled in the Cayman Islands is not subject to penalties for healthcare failures. Michael West reports on calls for a public inquiry into the privatisation and performance of Northern Beaches Hospital.

    This post was originally published on Michael West.

  • Women in STEM groups are warning of an approach cliff for federally funded programs designed to encourage women into science and technology, with the government unlikely to commit to new funding in the upcoming budget due to an ongoing review. The government put its support for Women in STEM programs under review in September to…

    The post Women in STEM groups warn of approaching funding cliff appeared first on InnovationAus.com.

    This post was originally published on InnovationAus.com.

  • Nirmala said the Budget focuses on middle class, employment generation, MSMEs, agriculture sector, rural population, health and green growth

    This post was originally published on The Asian Age | Home.

  • Aero India 2023 will be held at Yelahanka Air Force Station in Bengaluru from February 13-17

    This post was originally published on The Asian Age | Home.

  • UK’s shortest-serving prime minister says she ‘learned a lot’ from time in government but does not want top job again. This live blog is now closed

    Sharon Graham, the Unite general secretary, has also criticised ministers again for refusing to engage in meaningful talks on pay. She told PA Media this morning:

    This government has not at any time in this dispute come to the table about the substantive issue on pay, and that is the real issue. There isn’t going to be any other way to end this dispute until they come to the table and talk about pay.

    They said on many occasions that they’re in constructive talks; first of all, I don’t know what those constructive talks are – they are certainly not on pay.

    Nobody wants to see these strikes, nobody wants to be on strike – the last thing nurses want to do is to be on strike.

    What they do want is a government that can show leadership, get around the negotiating table and settle this dispute.

    Continue reading…

  • Finance minister gives Rs.10 lakh crore boost to building infrastructure

    This post was originally published on The Asian Age | Home.

  • political donations
    Labor won the political donations race in the Election year 2022 picking up $6m more in political payments than the Coalition. This was the first time Labor has surpassed the Coalition in political funding since the 2007 election won by Kevin Rudd. Stephanie Tran and Callum Foote report.

    This post was originally published on Michael West.

  • Dallas, TX-based candy company Pecan Deluxe Candy recently reformulated its recipes to be vegan in an effort to avoid new British export regulations, which impose hefty taxes on animal products. To do this, the American wholesaler replaced the butter and eggs in its products with plant-based alternatives that don’t require the same European Union border checks.

    Following Brexit, the new export regulations require exporters of animal-based foodstuff to submit veterinary certifications and other costly paperwork. And, depending on the interpretation of the rules, border control officials could also stop deliveries and have them returned and destroyed, further straining supply chains to customers in Europe.These have been issues that companies like Pecan Deluxe Candy have been dealing with. 

    VegNews.Cupcakes.UnsplashUnsplash

    “One of the biggest issues that there has been is the implementation of border control checks,” Graham Kingston, managing director of the Pecan Deluxe Candy Europe, told AFP. “[They have been] stopping a lot of deliveries going through depending on interpretation of the rules, which has caused a number of issues with products being returned to us all having to be destroyed.”

    Vegan products, on the other hand, are not subject to the same restrictions, making them cheaper and more efficient to transport.

    Pecan Deluxe Candy is a family-owned manufacturer of candy products, including key ingredients for desserts such as toppings, baking inclusions, fudge, cookie dough, and popping candy with locations in the United Kingdom and Thailand. The company says the new regulations have cost them more than £100,000 (US $123,450), so its board of directors decided to remove animal products from their manufacturing facility in the United Kingdom to reduce these export costs for the European market. 

    VegNews.BakingTips.Canva4Canva

    Now that the range of products are all vegan candy, the company says that the products are cheaper to produce and also tap into the current vegan movement. “A plant-based range has had some other benefits to offer, which are reduced pricing, and also hitting a number of trends that are in play at the moment, not least veganism,” Kingston said.

    Making vegan ingredients more affordable

    Although vegan products are often considered to be more expensive, the new British export rules have turned this stereotype on its head and may have other businesses reconsidering their use of animal products for the same reasons as Pecan Deluxe Candy. 

    With the growth of veganism, plant-based food companies have had the extra challenge of matching the price of their animal-based counterparts because, traditionally, animal agriculture has been heavily subsidized by the government, ultimately making these products more affordable.

    VegNews.AnimalAgriculture.PeopleImagesPeople Images

    According to the Agriculture Fairness Alliance (AFA), in 2020 the United States government spent more than $50 billion on agricultural subsidies and bailouts, the majority of which favored the meat and dairy industries. AFA is a national advocacy organization pushing for policy changes that make sustainable plant-based foods accessible to all consumers at an affordable price. The answer, according to AFA, is to level the playing field. 

    AFA is currently lobbying for changes to the 2023 Farm Bill, which supports farmers with safety net, farm loan, conservation, and disaster assistance programs. One of AFA’s recommendations is to connect local plant-based farmers to local consumers by increasing subsidies, funding and/or programs for domestic plant-based crops, and to ensure plant growers get a fair share of programs that utilize the Commodity Credit Corporation and other monies when there are bailouts. 

    “Meat eaters eat fruits and veggies, too, and should agree with us that the food system needs to change. We should not be allowing our taxes to fund Global Ag to get richer and more powerful and to control our land and the repercussions of using up our resources,” AFA posted on social media. “This is one of our Farm Bill priorities and more … making sure that our taxes are used for Direct to Consumer fruits, veggies, and grains. Not livestock-grade crops. Our tax dollars need to prioritize consumers, not global ag investors.”

    VegNews.VegetableFarming.Canva
    Canva

    In 2020, AFA urged members of Congress to support legislation that would shift the US food supply away from factory farms and into more sustainable forms of agriculture. At the time, AFA met with Congress to discuss its At-Risk Farmers pilot program which would grant funds to nonprofits to assist animal farmers who want to transition to sustainable endeavors such as supplying the plant-based food market. 

    Amid the COVID-19 pandemic, the group pushed Congress to support the At-Risk Farmers Act as part of the next coronavirus relief package, along with other proposed legislation that aimed to dismantle Concentrated Feed Animal Feeding Operations (also known as factory farms)—which, according to the Environmental Protection Agency (EPA), account for 98 percent of the way meat is produced. 

    VegNews.VegetableFarm.Pexels
    Pexels

    “When we are taught our whole lives that the American dream means anyone can start a business and be successful so long as they offer a superior product, I never dreamed we’d be babysitting the livestock and dairy industries into imposing their own success,” AFA cofounder Connie Spence said at the time. “It’s time to let the American people decide [which] products are superior, to let our demand be felt, and to stop corporate farming interests from falsely representing American small farmers.”

    This post was originally published on VegNews.com.

  • BMW, IIndia’s second largest German luxury car maker, is targeting strong double digit growth this year

    This post was originally published on The Asian Age | Home.

  • Vegan seafood startup Boldly is taking aim at the $600 billion global seafood market with the launch of a wide range of plant-based fish products, including calamari, salmon and tuna sashimi, shrimp, crab sticks, and white fish filets. The startup believes the key to disrupting the market is speed and resilience, in addition to products that deliver on the taste and texture of conventional seafood. 

    “Plant-based seafoods are still uncharted territory for millions of people, and with consumers increasingly seeking alternatives to conventional meat and dairy, I believe the time is right for the next evolution of plant-based seafood products,” Boldly founder Allen Zeldon tells VegNews.

    VegNews.iStock.FishingNetGetty Images

    These days, more consumers are becoming aware of the environmental and sustainability issues tied to seafood, including the impact of overfishing and the health concerns associated with conventional seafood’s high mercury and heavy metal levels. 

    Bringing vegan seafood to restaurants

    Boldly is part of a growing vegan seafood industry and, like others, uses konjac (a root vegetable) as a core ingredient. Boldly is also on a mission to accelerate the proliferation of plant-based proteins in foodservice by creating a positive experience centered around community while addressing the health and environmental concerns of conventional seafood.  

    “Seafood dishes are amongst the most popular in foodservice, hence why we have specifically optimized our versatile range of seafood alternatives so chefs can add their own creative spin to it across all cuisines, while reshaping consumer perceptions around taste, texture, appearance, availability and pricing,” Zeldon says.

    VegNews.VeganSeafood2.BoldlyBoldly

    “Boldly Foods is on a mission to drive consumers towards the better choice with no compromise, bringing all the classic seafood tastes to restaurant tables, better than ever,” he adds.

    Disrupting the global seafood market

    And when it comes to how plant-based seafood will disrupt the global market, Zeldon says there are two key aspects. “As with all emerging disruptive categories, speed and resilience is everything,” he says. “With the plant-based food industry still very nascent relative to the overall food and beverage market, it is also at an exciting tipping point, hence this unique opportunity to fuel foodservice ecosystems with classic seafood alternatives at the ‘growth-stage’ of the plant-based trajectory.”

    This can happen by providing a more sustainable product at competitive prices. “With fragmented distribution and increasing cost-of-trade pressures, the global foodservice industry needs access to more competitive and strategic partners if we are to drive radical systems change to address the climate crisis and sustainably meet our needs as a growing population,” he says. 

    VegNews.VeganSeafood1.BoldlyBoldly

    Zeldon is leading Boldly with more than 25 years of experience behind him. He is also co-founder of PlantForm, the private label arm of a plant-based manufacturing operation with global distribution across five continents and more than 1,000 SKUs on the market. 

    “With the fishing industry fraught with public health issues and threatening the future of marine biodiversity, it’s clear the future will either be filled with fishless fish or fishless oceans,” Zeldon points out.

    Drawing from his experience with PlantForm, Zeldon will be launching Boldly across the US this summer with what he claims is the widest range of plant-based seafood currently on the market.

    Innovation in plant-based seafood

    The plant-based seafood category is indeed booming, and experts believe the range of options will only continue to grow this year, providing fish-free alternatives for nearly every sea animal that humans have exploited for food. 

    According to the first-ever State of the Industry Report of vegan seafood by the Good Food Institute (GFI), $175 million was raised globally by companies in 2021, a 92-percent increase from 2020.

    Emerging brands include Austria’s Revo Foods, which has created a whole-cut vegan salmon filet with 3D-printing technology; and Aqua Cultured Foods, which makes seafood alternatives with fungi-derived mycoprotein. There’s also Current Foods’ sushi-grade vegan tuna made from bamboo and potatoes, and ISH’s vegan shrimp made from coconut, konjac, and soy protein, among many others.

    VegNews.AquaCulturedFoods-bAqua Cultured Foods

    GFI suggests that alternative seafood is well-poised to capitalize on the momentum of the broader plant-based industry. And widespread commercialization of alternative seafood is a promising approach to alleviating pressure on both wild fisheries and aquaculture systems while helping to meet global demand for an important source of food. 

    “Every year, we see advancements in the alternative protein industry that are opening the door for a global shift to a far more sustainable, secure, and just food system than the one we have today,” the report update notes.

    This post was originally published on VegNews.com.

  • The Fall Guy
    Hollywood blockbusters Fall Guy and Planet of the Apes are filming in Sydney, sci-fi remake Metropolis in Melbourne – all at high public expense, heavily subsidised by state and federal governments. Is it worth paying for Americans telling American stories? Or would the money be better spent on Australians telling Australian stories. Michael West follows the money.

    This post was originally published on Michael West.

  • Vegan fast food empire Slutty Vegan will soon open its first drive-thru at its new location currently being built out in Columbus, GA. Set to open later this year, the new drive-thru outpost will offer the same popular menu the brand has become known for, with playful and provocative vegan burgers such as Sloppy Toppy, One Night Stand, and Fussy Hussy, along with sides such as Slutty Fries and Skinny Dippers. 

    The new location builds upon a booming business venture that has seven locations through Georgia and beyond, with more being announced—including new outposts coming to Columbus, Harlem, NY, and Washington, DC. 

    VegNews.SluttyVeganHarlem.Madelynne BoykinMadelynne Boykin

    Founded by entrepreneur Pinky Cole, Slutty Vegan first launched in 2018 as an Instagram-based delivery service out of a shared commercial kitchen in Atlanta, GA. Within weeks, Cole invested $10,000 into her own food truck, and by 2019, she opened the first brick-and-mortar restaurant to a crowd of 1,200 customers.

    In less than six years, Cole built a $100 million business with her catchy slogans, signature vegan burgers, and vibrant energy. Last summer, when Slutty Vegan expanded to New York City, the city’s mayor, Eric Adams, hopped on a stationary bike with a superfood smoothie in hand to record a personal welcome message to Slutty Vegan.

    “On behalf of 8.8 million New Yorkers, let me be the first to say, ‘Welcome to New York City, the big time.’” Adams said in the welcome video. “Anyone who knows me knows that I like to eat healthy and plant-based. We love our brothers and sisters in Atlanta but it was about time you brought your vegan burgers here to the greatest city in the world.”

    VegNews.Brooklyn.SluttyVeganSlutty Vegan

    Last year, Slutty Vegan secured $25 million in a Series A funding round that it is using to fund the brand’s continued expansion. Some of the funding came directly from Danny Meyer, who is known for scaling his successful fast-food concept Shake Shack. 

    The Slutty Vegan empire

    When not slinging burgers, Cole is growing her Slutty Vegan empire in other ways. So far, she has opened sister restaurant Bar Vegan in Ponce City Market and launched vegan CBD gummies and other plant-based products.

    Last summer, Slutty Vegan partnered with Steve Madden on reimagined versions of the footwear brand’s classic POSSESSION sneakers and BSETTITUP bag styles made with entirely vegan materials and accented with the burger chain’s vibrant color palette. 

    VegNews.SluttyVeganxSteveMadden.DreaNicoleDrea Nicole

    At Costco in the Southwest and Midwest regions, the debut Vegan Spinach Artichoke flavor of Pinky’s Dips has been flying off shelves with additional flavors in the works. 

    The entrepreneur is also constantly looking to innovate the menu at Slutty Vegan. Earlier this week, Cole announced on Instagram that she’s working on a Slutty Vegan breakfast concept. As part of her research and development, Slutty Vegan’s Edgewood location gave out free vegan breakfast sandwiches to gain feedback on the items. 

    Pinky Cole gives back

    As a social justice activist, Cole also created the Pinky Cole Foundation to help build generational wealth for communities of color, including gifting LLCs to last year’s graduating class at CAU, her alma mater.

    VegNews.PinkyCole6.SluttyVeganSlutty Vegan

    Cole’s non-profit organization is always working to help others succeed. Recently, she spearheaded Square 1: The Liife Experience, an initiative to provide life insurance policies to 25,000 Black men by this coming December.

    Cole was also recently nominated for an NAACP award for Outstanding Literary Work for her first cookbook, Eat Plants, B*tch. Cole posted a video showing the moment she received the news while riding in a car with her fiancé and team.

    “God really has a sense of humor,” Cole captioned the video post. “20 minutes ago, I got nominated for an NAACP Award … If this ain’t bout the wildest roller coaster ride.”

    The nomination came shortly after Cole was named in a lawsuit in which a former employee of Bar Vegan alleged that Cole and her partners had withheld tips and other wages—claims that Cole fully denied in a lengthy Instagram post

    This post was originally published on VegNews.com.