Malaysia
Frozen food distributor Supreme Consolidated files for IPO
Supreme Consolidated Resources Bhd, a distributor of frozen food products such as frozen meat and seafood, plans to use the capital raised from its initial public offering (IPO) of 70 million shares on Bursa Malaysia's ACE market to expand its warehouse facilities.
Indonesia
Serena Harsa Utama to expand its sausage business
Serena, a food manufacturing company whose main products are sausages and meatballs made from chicken and beef, expects to buy a new sausage production machine this year to meet the strong market demand for sausages.
Singapore
Cultivated quail approved for consumption
Alternative protein firm Vow has received regulatory approval from the SFA to develop all kinds of quail-derived food products. It has started selling its cultured Japanese quail, served as Forged Parfait, at Mandala Club.
16 types of insects soon to be approved for sale
Come June, SFA is slated to approve the sale of 16 types of insects including crickets, honeybees, and grasshoppers. Other insects could be permitted as well on a case-by-case basis upon passing an evaluation process. A total of six public consultations regarding food safety standards will be conducted by June.
Swensen's launches limited-edition mala fried chicken ice cream
Swensen's fried chicken ice cream features a vanilla ice cream base sculpted to resemble a chicken drumstick, then coated with a crunchy mixture of cornflakes and thin, crispy crepes. The new mala flavor is the latest addition to their range of fried chicken ice creams.
South Korea’s largest craft beer and fried chicken chain Daily Beer opens in Singapore
The new outlet in the Telok Ayer district, which is Daily Beer’s first international outlet, adds to its existing 370 outlets in South Korea. Consumers can expect to enjoy delicious Korean-style fried chicken and a variety of craft beers from South Korea.
Thailand
Five Star Business targets rapid international expansion in 2024
CP Foods, which owns Five Star Business, a business that manages a diverse portfolio of food franchises such as the popular Five Star brand that has similar offerings to KFC, aims to expand the global footprint of Five Star Business, from over 5,000 franchisees in Thailand and 3,500 internationally currently to 11,500 franchisees across 10 countries in 2024.