Market News

Thanksgiving Day is widely celebrated on the fourth Thursday in November across the globe. As a national holiday in countries like the U.S. and Canada, the day originally celebrated the harvest festival when people gave thanks for blessings of the harvest in the preceding year. Canadians celebrate Thanksgiving on...

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Topping the charts in 94 countries, Squid Game, the fictional drama from South Korea, has become Netflix’s biggest and most popular title ever. The dystopian series captivates its audience with an intriguing story exploring South Korea’s debt crisis, social inequalities, financial disparities, and the nation’s complex relationship with gambling. In the...

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Silky smooth, tasty and oh so creamy! Whether it is the melt-in-the-mouth texture or airy and lightweight soufflé, cheesecakes are the classic dinner party dessert. An interesting fact that many are unaware of is that the cheesecake, usually perceived as a cake, is actually a form of pie. This...

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With the help of artificial intelligence (AI), robots are transforming the food value chain, food service and retail sectors. For quick-service restaurants (QSR), navigating operating margins, labor shortages and meeting changing consumer demands for rapid, contact-free access to affordable, fresh, healthy food on the go can be pretty daunting....

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Food outlets with a good track record of food safety will be eligible for longer licences under a new licensing framework, expected to start from January 1, 2023 onwards. This applies to retail establishments such as bakeries and caterers, and non-retail food establishments, including food manufacturers and slaughterhouses. About 23,000 establishments will come...

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Growing affluence, evolving tastes and technologies, and enhanced focus on healthy, safe and sustainable food are changing the way Asian consumers buy and enjoy food. PwC, Rabobank and Temasek have launched the second edition of The Asia Food Challenge report which looks at key trends that highlight evolving tastes and demands of...

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Twenty-four lucky guests were treated to a U.S. Poultry Masterclass session at the SHATEC Institutes on September 18. Chef Koh Han Jie of Lebonheur, Chef Marvas Ng of 1855 F&B Pte Ltd, and Chef Pratheep Shunmugasundaram, Senior Trainer, Pastry and Baking at SHATEC conducted the class, organized by USAPEEC and...

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Collaborating with experienced and well established chefs in the industry, USAPEEC launched a series of virtual culinary demonstrations from July to September, featuring U.S. poultry. The demonstrations were facilitated through USAPEEC Philippines’ Facebook page which has 2,300 followers. Chefs Alvin Ong and Sau Del Rosario created some amazing recipes...

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At a 1996 conference in Vienna, the International Egg Commission declared the second Friday in October as World Egg Day. Since then, we’ve seen a variety of creative events taking place internationally, with people celebrating the wonderful versatility of the egg. This year’s World Egg Day takes place on...

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Yum Cha literally means “Drink Tea” in Cantonese, one of the many Chinese spoken dialects. It refers to a late-morning or early-afternoon meal. Yum Cha is a dining experience which involves drinking loose-leaf Chinese tea and Dim Sum. Dim Sum are small portions of food served at Yum Cha...

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