Market News

photo: Steamed dumplings ordered during a reunion dinner Man’s furry best friends can now rejoice! 2018 is the year of the Dog in the Lunar calendar1. The Chinese zodiac system is an important element in Chinese culture. Its existence can be traced back over 2,000 years to the Qin Dynasty1....

A popular Cantonese cuisine that comes in bite-sized portions is known as dim sum1. The food is usually served in steamer baskets or on small plates. As dim sum is served in small quantities, customers can order a wide variety of items to try different options. A typical dim sum menu includes a myriad of...

Ramen is a Japanese dish that consists of noodles served in a meat or fish-based broth. It is flavored with miso or soy sauce. Some regular toppings include sliced pork, sliced dried seaweed and green onions. In Singapore, ramen stalls have expanded over the years by offering different versions of ramen such...

The Food and Beverage (F&B) sector plays an important role in growing Singapore’s economy. The industry contributed as much as S$14.4 billion (US$10.6 billion) to the city’s Gross Domestic Product (GDP) in 20161. Based on the study by the Food Industry Asia Report, the food distribution sector plays an...

photo: Typical spices used in Indian chicken dishes The first word that comes to mind whenever Indian cuisine is mentioned will be curry1. However, Indian foods are diverse and do not incorporate curry powder in every single dish. Apart from chicken curry, there are plenty of other popular Indian...

photo: A fried chicken dish served in Singapore In Singapore, the food and beverage (F&B) industry plays a crucial role in contributing to the country’s economic growth1. There are 7,679 food establishments in 2016 and the number is still rising2. Today, there are over 477 fast food outlets operating in...

photo: Roasted duck served during a Christmas dinner Christmas is a festive season widely celebrated around the world in December. Families and friends get together for an intimate gathering and feast on scrumptious spreads for dinner. Traditionally, a standard Christmas meal includes an oven-roasted stuffed turkey, mashed potatoes, gravy and...

photo: A standard scan of a QR code The Monetary Authority of Singapore (MAS), Singapore’s central bank, will be developing a universal QR code payment system for island-wide usage by end of year1. This aligns with the Singapore government’s efforts to push the country towards Smart Nation and a cashless...

photo: Thai-style fried chicken dish The earliest documented recipe for American fried chicken was published in a British cookbook in 1747. Consumers associated fried chicken with South America as the locals there were the first to introduce this dish in the 18th century1. The traditional American fried chicken is...

photo: Halal Korean fried rice dish served in a Korean restaurant in Singapore The hospitality and tourism industry has observed the rise in Halal tourism in recent times1. Muslim travelers form a diverse untapped business market for suppliers of services and restaurateurs to explore. As Muslims can only consume...