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Market News

photo: A Mexican burrito With the convenience of the Internet, consumers are easily exposed to information available online. There has been a paradigm shift in consumer behavior, where they are more educated and demand transparency in knowing where their food come from through quick research online1. Besides making menus and...

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photo: Restaurant with an aquarium view Impress your date at these fancy restaurants in Southeast Asia. From enjoying a panoramic view in Bangkok for dinner or dining with majestic creatures of the sea in Singapore, here is a list of unique restaurants to consider for that next wow moment....

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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....

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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...

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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...

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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...

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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...

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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...

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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...

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