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Fave launches e-Cashback: Allocates RM10,000 Per Merchant To Help MSMEs Recover Under the Malaysian Government PENJANA Programme

By
Tan Heng Hong
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Fave is tasked as an official e-commerce partner for PENJANA 2020 to help micro-enterprises and SMEs in Malaysia
  • Fave is tasked as an official e-commerce partner for PENJANA 2020 to help micro-enterprises and SMEs in Malaysia.
  • “e-Cashback” marketing budget allocated for merchants to accelerate business recovery and strengthen the nation’s economy by adopting digitalisation.
  • As part of Fave’s merchant recovery plan, RM200 million growth in sales projected for SMEs within 3 months.

Kuala Lumpur, Malaysia, 7 July 2020: In an effort to restart the economy and accelerate business growth, Fave has been tasked as the official e-commerce partner of the Government’s short-term Economic Recovery Plan (PENJANA) 2020. In partnership with the Malaysia Digital Economy Corporation (MDEC), Fave will co-fund the newly launched Micro and SMEs E-commerce Campaign (MSME E-commerce Campaign) aimed to encourage and enable e-commerce adoption, help widen their reach and drive growth.

For this Campaign, the Government has allocated RM70 million for the local businesses operating on the participating e-commerce partners under PENJANA to spur the recovery of local businesses. As a home-grown brand, Fave is co-funding the government’s budget and providing additional marketing funding of RM10,000 per merchant in the form of promotion codes and e-Cashback incentives to merchants’ customers. This in turn will support merchants’ marketing expenses, help them drive sales and attract more customers. Additionally, the newly issued e-Cashback used by customers to purchase online vouchers and gift cards on the Fave platform will increase merchants’ cash flow and grow their e-commerce sales.

Increased sales for all Fave merchants are projected to grow 10 times, with an estimated economic growth of RM200 million in sales within the next three months with immediate uptick expected in the retail, F&B and service sectors. In addition, merchants will receive immediate exposure to the 5 million customers on Fave’s platform through the co-sponsored budget. 

All eligible MSME Fave merchants that have active services of FavePay with Cashback, FaveDeals and/or eCards are automatically enrolled in the SMEs E-commerce Campaign to scale up their business. Starting from July 1st 2020 onwards, customers who have saved the promo codes of their preferred merchant during this campaign will be able to receive additional sponsored e-Cashback up to 20% and spend it again on any digital vouchers (FaveDeals) and gift cards (eCards) on Fave platform from over 15,000 merchants across Malaysia.

The campaign will run up until 30th September 2020 and all merchants are encouraged to register on the Fave platform (www.favebiz.com/penjana) during the month of July to reap benefits from the co-sponsored marketing budget. Additionally, newly onboarded merchants will have free access to the FaveBiz digital merchant platform, its digital solutions and cashless payment options, designed to attract new customers, retain current customers and increase sales.

“With the recent recovery movement control order being implemented, the MSME E-commerce Campaign couldn’t have come at a better time in helping save jobs and stabilise those businesses most at risk. With the support of the Government, the PENJANA plan is an opportunity for us to drive economic support and growth for the merchants who have been most affected by the crisis,” said Jason Wong, General Manager, Growth and Operations for Fave Malaysia.

He added, “The pandemic has badly affected the retail, F&B and services sectors, and in turn, affecting other industries. We are committed to better ensure business growth is supported. Malaysian SMEs and micro-enterprises are key to economic recovery as they contribute to employment and growth. Supporting SMEs with the funding injection by the Ministry of Finance  will preserve our economy’s growth and help businesses become more resilient, dynamic and innovative.”

MDEC’s Chief Executive Officer Surina Shukri said, “By transitioning to the online marketplace and embracing e-commerce, MSMEs are better positioned to strengthen their agility and build resilience against future aftershocks. While the intended key beneficiaries of this campaign are the local businesses and individuals with and without businesses registrations, the spillover effect will also benefit other local e-commerce players in the ecosystem such as digital marketing, delivery and e-payment services. Through the MSME Campaign under PENJANA, the MSMEs’ transition to e-commerce will support a growing and sustainable MSME ecosystem, in line with our national digital transformation agenda.”

With the SME sector contributing to more than two-thirds of total employment in Malaysia and almost 40% to the economy (by GDP), the MSME E-commerce Campaign is expected to increase the confidence of all merchant players in Malaysia as they are empowered to take on new digital opportunities and grow along with the nation in the new digital economy.

“The Covid-19 pandemic has had a big impact on my restaurant as we dealt with high overheads, staff salaries, and the biggest challenge for us to recover has been the expenses. The RM10,000 funding will help us relaunch business operations, from covering marketing and advertising, to increasing sales and digitizing our operations. It is a timely initiative carried out by the Government and Fave to help us protect our long-term growth!” said Jun Kit, Co-Founder of Down To Bones.

How Fave & PENJANA MSME E-commerce Campaign Works:
For new micro and SME businesses:

  1. Register on www.favebiz.com/penjana
  2. Set up QR payment with Cashback, digital voucher and gift card on Fave.
  3. Benefit from up to RM10,000 co-funded by Fave and government additional e-Cashback up to 20% for all your customers. Customers will be able to use e-Cashback for their next online purchase on the Fave platform.

For Customers:

  1. Download Fave app.
  2. Save promo codes available at https://lp.myfave.com/shopmalaysiaonline.
  3. Shop at over 15,000 merchants (retail, F&B and services) across Malaysia.
  4. Get additional savings of up to 20%.

FMX forges partnership with Presto to provide a one-stop e-commerce fulfilment and delivery solution to potential sellers and improve user experiences

By
Tan Heng Hong
-
  • FMX and Presto forges strategic partnership to offer storage and logistic solutions for all
  • SMEs and customers can now store their goods at FMX’s warehouse and run businesses online using the Presto app
  • Immediate and unbeatable express shipment after confirmed purchase by customers

Kuala Lumpur, 6 July 2020: FMX and Presto are proud to announce that they have forged a strategic partnership to provide a one-stop e-commerce fulfilment and delivery solution to potential sellers, as well as to improve customers experience. The strategic partnership focuses on storage and shipment solutions exclusively for business-to-business-to-consumer (B2B2C) model.

This partnership aims to introduce FeF (FMX e-commerce Fulfilment) – a one-stop courier service center specializing in courier service, warehouse (storage) and e-commerce fulfillment services. FeF will integrate with ParcelHub that will act as a drop-off point for various third-party e-commerce merchants allowing them to use this service to drop-off or pick up their goods at any given ParcelHub which are located across Malaysia. For sellers who wish to store their large amount of goods, they can head straight to FMX warehouse and FMX will assist in packing and delivering their goods once the order is confirmed. The partnership also ensures next day delivery service if orders from customers are confirmed before 2.00PM.

In total, FMX has a ready fleet of more than 1000 trucks, vans and bikes that does not only cover
Malaysia, but also has the ability to reach 193 countries worldwide and deliver operational
excellence. Moreover, FMX has more than 30 hubs, 150 retail outlets, and more than 1000 pickup and drop-off points nationwide. With this unique and strong logistic coverage across Malaysia,
FMX can reach more people especially to communities in rural areas. It is a service that not only
benefits sellers, but it also allows consumers to not have to worry about the delivery of their
purchases.

By introducing this FeF service, one of the benefits that sellers can gain is the shortest lead time
with a reasonable cost (cost efficiency). It is cost saving as FMX team will handle all the packing,
delivery, and immediate shipment once the order is confirmed with seamless and hassle-free
service.

Using the Presto app, SME sellers are now able to migrate their offline business to online platform
which will allow them to generate more sales, improve buyer satisfaction, and will be able to bring
their businesses to the next level.

Presto is one of the largest e-commerce marketplace in the country with a database of more than
10 million users. With its extensive reach, it’s an excessive platform where SME sellers can
market and sell their goods and reach a larger group of consumers and new potential buyers.
Through Presto, sellers can enjoy greater visibility and pay more attention to market their goods,
as all the operational and backend services will be handled by both Presto and FMX. Its strong
network with e-wallet partners, credit card, loyalty partners and bank partners for cashless and
contactless payment methods makes it even more appealing.

SME sellers can also be assured that with Presto’s vast experience in digital marketing, they will
gain better visibility and reach.

Buyers and consumers will benefit from this partnership, as they will receive their orders in a much
‘Faster, Cooler and Richer digital experience’ manner and will have accessible pick-up or dropoff points options made available to them across the country, with the option of returning goods
available.

As home grown regional players with an extensive network of logistics, reliable and professional
services coupled with cutting edge technology, this partnership hopes to explore and introduce
more services in the near future to both consumers and SME sellers that are ready to explore and
evolve on online platforms with the drive to further expand their businesses to greater heights.

7-Eleven Achieves Global Milestone of 71,100 stores and We’re Celebrating!

By
Tan Heng Hong
-

KUALA LUMPUR, 6 JULY 2020 – 7-Eleven, a household name across many continents and the world’s largest convenience retail chain has reached a momentous milestone of its 71,100th store being opened across the globe, from the United States to Japan, Denmark to Australia, Thailand to UAE, among others. In recognition of this achievement, 7-Eleven Malaysia will be rewarding its fans with a series of daily in-store great offers and special deals between 7th till the 11th of July 2020 ranging from snacks, beverages to daily household necessities.

What’s more, 7-Eleven Malaysia has recently launched its loyalty app aptly called My7E™ that rewards successful new user sign-ups with a RM3 e-cash voucher as well as monthly exclusive e-stamp card and coupon deals and during the 5-day celebration period, My7E™ members get an added bonus of enjoying “The Coolest Drink on Earth®”, the iconic Slurpee® for only RM0.71 for a 12oz cup daily. To top it off, new or existing My7E™ members who make any transaction and scan their member ID between the 7th to 11th July will enjoy a complimentary Sunkist Pure 380ml as part of its “Free Sunkist for Malaysia” campaign, terms and conditions apply.

7-Eleven started out as Southland Ice Company on Oak Cliff, Texas, 93 years ago in 1927. In 1946, with stores open from 7am to 11pm, the name was changed to 7-Eleven and stores started staying open around the clock in 1971. In 1984, the first 7-Eleven was opened in Malaysia at Bukit Bintang and since then has grown from store-by-store, community-by-community, stretching across every state in Malaysia to be the nation’s No.1 convenience store with more than 2,400 stores at last count and serving more than 1 million customers daily which is truly an amazing and inspiring achievement with 7-Eleven Malaysia staying focused on the constantly changing convenience needs of the communities it serves as well as remaining steadfast to its commitment of being Always There For You.

To know more, please visit www.7eleven.com.my or follow 7ElevenMalaysia on Facebook or Instagram.

Cremo Twin Eggs ice cream reflects innovation from China

By
Tan Heng Hong
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Image from Cremo

Thai ice cream brand Cremo, which is owned by Yili, has recently introduced three new ice cream products including Coco Mango, Salted Lemon Lime and Twin Eggs in Thailand. What caught our eyes is Twin Eggs, which is influenced by innovation in China.

Aoxue Salted Egg Yolk ice cream appeared in China in 2019 and has since saw many competitors launching similar products.

Aoxue Salted Egg Yolk ice cream

China can be a source of inspiration for Southeast Asian food manufacturers looking to innovate their next product.

CPF gears business with eco-friendly packaging

By
Tan Heng Hong
-
Image from CPF

Bangkok–3 Jul–CPF

Charoen Pokphand Foods PCL (CPF) has undertaken sustainable design, changing to eco-friendly substitutes and facilitate recycling in an effort to reduce environmental footprint.

“To ensure sustainable plastic packaging life cycle, CPF has implemented the Sustainable Packaging Policy and Guiding Principles, in which targets 100% of plastic packaging for food products to be reusable or recyclable or upcyclable, or compostable for Thailand and Overseas operations within 2025 and 2030 respectively” said Mr. Kitti Wangwiwatsilp, Chairman of the CPF Sustainable Packaging Working Group, adding that the company’s has reached 99.99% progress currently.In 2019, total weight of all plastic packaging for CPF’s food products in Thailand was 41,284 tons.Mr. Kitti pointed that the company’s packaging development is based on three key strategies, comprising of Quality, Food Safety and Environmental impact.

In the case where the company cannot find substitute materials that can preserve quality and safety of food products at the same level as plastic packaging, the company will consider its packaging materials based on ease of recycling and reusability. For instance, CPF’s Smart Soup package, a product developed for elderly and patient, are made of high barrier plastics. This material can prevent microorganism contamination from outside while also preserving nutrients when stored at a room temperature.

Moreover, CPF developed plant-based bioplastic trays made from natural renewable resources, namely Polylactic Acid (PLA) which is compostable. The material is being used for making trays for chilled raw chicken and pork products in Thailand.

Aice new egg milk ice cream to boost immune system

By
Tan Heng Hong
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Image from Aice Indonesia

The Indonesian ice cream maker Aice has recently introduced a new ice cream specially for the COVID-19 pandemic period. The new Aice Susu Telur, literally translated as Aice Egg Milk ice cream, is made of egg, milk and honey. These ingredients help to boost the body’s immune system to ward of viruses. Other ingredients include chocolate, strawberry and nata de coco for the texture.

Honey and milk are familiar to many people and are associated with health. But not many know exactly why they are good for you. To strengthen the better-for-you message, Aice has recruited health expert Dr Arti Indira to explain the health benefits of consuming honey, milk and egg.

The ice cream is available in single unit and in a family pack of 5 sticks with one free mask included in the family pack.

Sometimes simple ingredients like honey, milk and eggs are already sufficient to position a product to ride the immunity trend.

Savour the taste of coffee and tea with the new Pokka Kopi Cham

By
Tan Heng Hong
-

Pokka has rolled out its latest Kopi Cham in Malaysia. In Hong Kong, cham is also known as Yuenyeung or yuanyang coffee, which is a mixture of coffee and tea. The latest Pokka Kopi Cham is halal certified and contains no preservative or artificial colouring. The new drink and the use of the word “cham” pay homage to the unique Malaysian way of drinking their coffee.

Pokka Kopi Cham is available at FamilyMart Malaysia outlets.

Sunkist unveils pistachio milk in Thai tea flavour

By
Tan Heng Hong
-

Sunkist has launched Pistachio Milk Thai Tea Flavor for the first time in Thailand. The premium pistachio nuts and pistachio milk brand under Heritage Group is made using selected tea leaves from the northern province of Thailand and high-quality pistachios from USA. This dairy-free nut milk offers the classic traditional Thai tea flavor and comes with high essential nutrients such as Vitamin E, protein, and calcium that help to improve digestive system.

Pistachio Milk Thai Tea flavor is lactose and gluten free, suitable for those who could not turn down to a glass of Thai Tea but still love to keep fit and firm at the same time.

The new Thai Tea flavoured pistachio milk in 180ml is available for THB 20 at 7-Eleven stores nationwide.

This new product is interesting as it taps into familiar flavour – Thai tea – to encourage more consumers into the plant-based category.

Veganerie launches oat milk bubble tea

By
Tan Heng Hong
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Image from Veganerie

Veganerie, the first and only vegan bakery, dessert and food in Bangkok, said at the end of May 2020 that it has launched oat milk bubble tea. Claimed to be the first oat milk bubble tea in Thailand, the drink is low in sugar and low in calorie. The new drink uses premium tea from Taiwan and oat milk from UFC Velvet Oat Milk- Barista Unsweetened. The chewy boba is made using konjac jelly. Enjoy your bubble tea without guilt today at Veganerie for THB 125 (USD 4).

The availability of more oat milk options including locally-produced ones will make oat milk more accessible as an ingredient in foodservice to ride the plant-based trend.

JIGGER & PONY ROLLS OUT FIRST OF COLLABORATION SERIES WITH RENOWNED PASTRY CHEF JANICE WONG AND COGNAC RÉMY MARTIN

By
Tan Heng Hong
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SINGAPORE (29 June 2020) – The first offering from Jigger & Pony’s new “Collaboration Series”, the best bar in Asia presents a limited-edition cocktail-chocolate pairing with renowned Singaporean pastry chef Janice Wong and Rémy Martin. 

The package features a bottled Shiraz Manhattan (450 ml) with Rémy Martin VSOP Cognac, Cinzano Rosso vermouth, shiraz essence and amaretto crafted by Jigger & Pony’s award-winning bar team. A lighter twist on the classic Manhattan, the spirit-forward cocktail has a tinge of sweetness with a slightly tannic aftertaste. Further celebrating local talent, the label for the bottle was designed by Singaporean artist Samantha Kwan.

The cocktail pairs with colourful chocolates from Chef Janice Wong, each treat carefully curated with different percentages of cacao and alcohol to give a fun and unique tasting experience. The five featured flavours include Cinnamon Rum, Passionfruit Calamansi Cointreau, Maple Cinzano Bianco, Almond Coffee Grappa and Whisky Orange.

The limited-edition package is available for purchase while supplies last through Jigger & Pony’s online shop, Janice Wong’s online shop, or in-venue at Humpback and Caffe Fernet (S$98 before GST). 

As the first offering in Jigger & Pony’s “Collaboration Series,” the curated package is part of the bar’s focus on kindred spirits, drawing inspiration from craftsmen beyond the bartending world.  The partnership also ties in with Rémy Martin’s mission to “Team up for Excellence,” a platform which celebrates collaboration, shared values, and the success it generates. Reflecting Rémy Martin’s values of authenticity, audacity and generosity, the platform pays homage to personal success through the various people who made it possible – just as expertly making Cognac Fine Champagne is a result of many talents working together. 

ABOUT JIGGER & PONY

Since its opening in May 2012, Jigger & Pony championed the movement of bringing back classic cocktails in Singapore. Named after the double-coned measuring device used by bartenders to accurately pour out spirits, Jigger & Pony pays tribute to the 19th century, when cocktail recipes were listed in “jiggers” and “ponies”. In 2020, Jigger & Pony clinched the top spot on the annual Asia’s 50 Best Bars list, an award sponsored by Perrier.  Eight years on, the Singapore-based establishment continues to define modern cocktail culture, centred on its commitment to convivial hospitality, craftsmanship and inventive concepts.

ABOUT CHEF JANICE WONG

Singaporean born, Janice Wong has learned from some of the world’s best chefs, including US luminaries Thomas Keller and Grant Achatz, virtuoso Spanish chocolatier Oriol Balaguer, and prodigious French pastry chef Pierre Hermé

She has been named Asia’s Best Pastry Chef; for the second year running by the prestigious San Pellegrino Asia’s 50 Best for 2013 & 2014. Janice Wong also won the title of Pastry Chef of the Year from the World Gourmet Summit Awards in 2011, 2013 and 2015, including the title of Young Woman of the Year from Her World in 2012.

ABOUT RÉMY MARTIN 

Since 1724, the House of Rémy Martin is the embodiment of Cognac Fine Champagne. The fruit of the prestigious regions of Grande and Petite Champagne, its cognacs hold outstanding ageing potential. A profound love of the land, a continuity of family ownership and a passionate commitment to excellence has sustained Rémy Martin for nearly three centuries. As a result of its masterful production and generations of tradition in Cognac, the House of Rémy Martin today produces Fine Champagne Cognacs, including Rémy Martin® XO Rémy Martin 1738® Accord Royal and Rémy Martin® V.S.O.P. 

For additional information, visit www.RemyMartin.com and @RemyMartin.  

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