Market News

More than 2 billion tones of food go uneaten around the world, almost double than previously thought, according to a recent report by the World Wildlife Fund (WWF) and British retailer Tesco. An estimated 2.5 billion tones of food are lost on farms or wasted by retailers or consumers...

Singapore’s Fairprice Xtra and China’s Muji are among the global stores that are on their journey to become the Store of the Future in 2030, according to the Institute of Grocery Distribution (IGD). IGD recently published a report on the Top Stores to Visit in 2022. The report showcases...

With bright colors and non-stop revelry, Chinese New Year, also known as Lunar New Year or the Spring Festival, is undoubtedly the most important event in the Chinese calendar. This year, it falls on February 1 and it is the Year of the Water Tiger. While the celebrations may...

Fifty-six participants, representing home chefs, bakers, bakery students and food and beverage (F&B) owners benefitted from two culinary workshops facilitated by Chef Leon Lim, runner up at MasterChef Singapore (Season 2).  Organized by USAPEEC and American Egg Board (AEB) in collaboration with events company, The Planner Affairs, the workshops...

Come February, our favorite food guide and Makansutra founder, K.F. Seetoh will launch a Food Hall in New York!  He is partnering with Urbanspace which currently operates several food halls in the USA. Located at 135 West 50th Street (7th Avenue), the food hall is within walking distance of...

Small plates, big appetites.  With roots unmistakably in Spain, tapas culture has made its way across the world and is now an integral part of Asia’s trendy bars. Named after the Spanish word ‘tapa’ which literally translates to ‘cover’ or ‘lid’, tapas refers to small appetizers commonly enjoyed with...

The past two years with restrictions on dine-in have got us all rethinking our eating and purchasing options.  Covid has pushed everyone towards mindful eating and chefs are taking a deep dive into what they can offer to cater to this trend. With an eye on discovering new experiences,...

Faced with immense challenges over the past two years, the hotel, restaurant and institutional (HRI) sectors had to pivot in a major way.  From the popularity of outdoor dining to the convenience of pick-up and door-step deliveries, eateries and dining establishments had to make quick business decisions for commercial...

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...

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...