As foodservice players navigate challenges from higher costs of borrowing, labour and raw materials, changing consumer preferences are increasingly captured digitally. Structurally, convenience and different pricing points require foodservice players to continue investing in multiple channels to broaden their reach and to invest in supply chain reliability, flexibility and diversification. To drive sustainability and to extract value from foodservice's food waste, we also take a closer look into used cooking oil (UCO) collection and upcycling, which benefit from digitalised traceability.
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This report explores cost-cutting opportunities to reduce greenhouse gas (GHG) emissions by monetising farm waste. While burning biogas to generate electricity still contributes to carbon dioxide (CO2) emissions, it remains a net-reduction; as methane is a significantly more potent GHG than CO2. Biogas projects can help address sustainability targets, given an increasing focus on food self-sufficiency and higher energy and fertiliser costs.
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China's Belt and Road Initiative (BRI) has been presenting great opportunities in promoting economic cooperation and connectivity with major markets across the world. Find out more about China's recent conclusion of its 14th Five-Year Plan, developments of BRI-related projects and trades, and an update on recent events surrounding the escalation of the China-US tensions.
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With disruptions facing the world today, enterprises need to move away from traditional business models to survive. Digital transformation (DX) is now happening at a much faster rate than before, as enterprises adapt to new restrictive conditions set out by their governments.
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The COVID-19 pandemic has caused an unprecedented shift in the economy, business operations and our daily lives. Despite animal protein being a consumer staple, producers in the region are faced with near-term demand weakness and supply chain challenges.
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We conducted a survey with 300 key decision makers across Southeast Asia (64%), Mainland China and Hong Kong (36%) to navigate the macro risk landscape given the current uncertainties.
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Home and personal care (HPC) is the fastest growing segment in fast moving consumer goods (FMCG) due to the rising affluence and growing young consumer population in the region.
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Over the last three decades, animal protein consumption in low- and middle-income countries has more than tripled. As a result, there is a need to accelerate production through improvements in efficiency, deployment of technology and effective supply chain management.
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Rising urbanisation in ASEAN cities is creating a wealth effect that is translating into retail sales growth. The rising middle class will redefine the ASEAN consumption story in the future. In some cities, department store sales will continue to grow with rising tourist arrivals and the corresponding inbound tourist receipt.
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Modern trade has changed the way consumers shop for groceries. The modernised format of the channel offers lower prices, longer opening hours, a clean and comfortable shopping environment as well as the convenience of online delivery. This article examines the outlook for modern trade in China, Hong Kong, Indonesia, Malaysia, Singapore and Thailand.
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