Staff Reporter

Simple Foods bags win at FMCG Asia Awards 2024 for milk brand

Simple Foods bags win at FMCG Asia Awards 2024 for milk brand

It uses world-class technology to produce products with global quality standards and to export to more than 30 countries worldwide.

Mars Petcare Thailand wins at FMCG Asia Awards 2024 for regenerative agriculture initiative

It has transferred knowledge to local farmers on regenerative agriculture, enhancing soil fertility and reducing GHG emissions from farming.

Asian consumer spending projected to hit $16t by 2024

It is largely driven by an anticipated $7t increase in private consumption over the next decade.

Central Food Retail launches AI shopping assistant

It aims to enhance the shopping experience with personalised, efficient, and convenient support.

Australia’s retail sales up 3.4% in October

The strongest growth was seen in the “other retailing" category.

Rising cost of living pushes secondhand shopping, repairs

24% of global consumers buy secondhand items.

Yum China launches digital supplier recruitment platform

It simplifies engagement, reduces manual workload, and enhances transparency.

Amazon invests over $2b in Singapore businesses in 2023

The investment includes spending on infrastructure improvements and technology upgrades.

SEA’s K-Wave craze drives demand for localised products

This trend is particularly strong in the food, beverage, and beauty sectors.

China retail sales to decline in 2025: report

Home appliances, online retailing, PCs and smartphone sales most likely to drop.

Unilever invests $105m in in-house fragrance innovation

It will be supported by digital tools and AI.

Premium F&B experiences drive tourism growth in Southeast Asia

Destinations offering premium F&B are 2.5 times more likely to draw affluent travellers.

Swire Coca-Cola Hong Kong implements SAP S/4HANA

It will streamline the processes of manufacturing, sourcing, customer orders, pricing, and delivery.

4 in 10 shoppers say high costs prevent eco-friendly purchases

Only 15% are willing to pay extra for eco-friendly food and drink.

Fan expectations drive shift to personalised sports loyalty rewards

Sponsorship spending in the sports industry reached $8.3b in 2024

SEA consumers embrace omnichannel retail in 2024

Pop-up shops and immersive events are also gaining traction.