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Singapore sugar rules will not sour consumer spending on beverages: Fitch Solutions

SINGAPORE – Singapore’s upcoming ban on advertisements of high-sugar packaged drinks will have little impact on consumer spending on beverages, said Fitch Solutions Macro Research. A lot has already been planned at an industry level, and companies have begun to adjust their products for the new regulations, said Fitch Solutions. In 2017, major sugar sweetened beverage (SSB) companies in […]

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Malaysian IPI to grow at modest pace

KUALA LUMPUR (Bernama) – MIDF Research expects the Industrial Production Index (IPI) to continue expanding at a modest pace in the second half of this year (2H19) as the global trade war remains a major downside risk to global trade activities and manufacturing production. In a research note yesterday, the research house also said the […]

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Myanmar lags as ASEAN sees record FDI

Foreign direct investment (FDI) into Myanmar still lags other countries in ASEAN, according to a report issued by the ASEAN Secretariat last week. The report ASEAN Investment Report 2019: FDI in Services showed that FDI into Myanmar declined despite record-high inflows into other countries in the grouping. FDI in Myanmar in 2018 slumped 11 percent […]

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Philippines: Higher prices of chicken seen

MANILA, Philippines — Chicken prices can be expected to rise leading up to the holiday season as pork consumption remain selective amid an outbreak of African swine fever (ASF), the head of the Philippine Statistics Authority (PSA) said.  Pork aversion due to the ASF outbreak has caused prices of pork in the National Capital Region (NCR) […]

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