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Farm Fresh taps plant protein opportunity

Photo Credit: Minimeinsights.com

Malaysia-based Farm Fresh, famous for its fresh milk, has expanded into the plant protein space with three fresh soy milk products – original, reduced sugar (to be introduced soon) and unsweetened. Soy milk is a large category and is widely available and consumed by Malaysians.

The soy milk is pasteurised and homogenised and is made from Canadian non-GMO beans, which is not a unique claim as some of the other players have already called out their non-GMO and Canadian origin.

The sugar content in the original soy milk is 4.8g per 100ml serving. Both contains sea salt. The original version is sweetened with brown sugar. Farm Fresh Soy Milk is to be kept refrigerated at 4 degrees Celsius and best consumed within three days after opening as it does not contain preservatives.

Farm Fresh Soy Milk claims to use “grandma recipe dated from 1956” to strengthen the homemade appeal and the authenticity of the soy milk.

Farm Fresh Soy Milk is available in 1L pack retail at a price of RM 6.49 at Giant.

Qiaqia Food completes first overseas factory in Thailand

China’s leading snack seed maker Qiaqia Food Co., Ltd. has announced the completion of phase one of its first overseas factory in Thailand on 20 December 2018. The new plant will be put into operation in the first half of 2019. This is a significant development and is an indication of the acceleration and deepening of Chinese food companies’ foreign expansion particularly into Southeast Asia through the setting up of their own production facilities.

At the moment, Qiaqia (Cha Cheer) is exporting to 43 countries and territories. Overseas expansion is particular important for Qiaqia as a way to unlock further growth. In 2017, export accounted for 6% of total revenue, up from 5% a year ago. Export saw a 22% growth to CNY 215 million in 2017. Overall revenue grew by a mere 2.6% in 2017 to CNY 3.6 billion with 69% comprised seeds, nuts 7% and others 24%.

First half 2018 revenue surged 17% driven by Cha Cheer Daily Nuts (洽洽每日坚果), which was developed in 2017. This resulted in nuts growing 142.7% during the first six months of 2018 to CNY 199.7 million. E-commerce grew 95.7% to CNY 131 million. Overseas sales, meanwhile, declined 4.6% to CNY 107.6 million.

Cha Cheer Daily Nuts

China has a strong competitive advantage in the production of seeds, pine nuts and walnuts. However, the country is a net importer of almond, hazelnuts, pistachios, pecans, almonds, macadamia nuts and cashews. The company is focusing on investing in upstream to secure raw supplies.

The new factory in Thailand comes at an opportune time as it could help to mitigate the impact of the the current trade war between China and the US where the Chinese government has imposed a 15% tariff on US fruit and nut products including cashews, hazelnuts and almonds. Having an offshore facility could circumvent the tariff and being closer to its Southeast Asian market.

Anker Lychee with 2.9% ABV

Image credit: Minimeinsights,com

PT Delta Djakarta, the manufacturer and distributor of Anker, Carlsberg and San Miguel beer in Indonesia, has announced the launch of Anker Lychee at the end of November 2018. The lychee flavoured beer features an ABV of 2.9% and is available in bottle (330ml) and can (330ml). The retail price of bottle is IDR 17,500 and can is IDR 17,900.

The lychee flavoured beer is designed for consumers who are new to beer and as a new flavour option for existing beer drinkers.

Net sales of PT Delta Djakarta for the first nine months of 2018 rose 15% year-on-year to IDR 627.8 billion with net profit up 22% to IDR 232.9 billion. As a comparison, net sales for the first nine months of 2017 increased by a mere 1%.

The Indonesian beer market is increasingly innovating with flavoured, low-alcohol beer to broaden the consumer base and this trend is expected to continue into 2019.

Convenient disposable paper cups for Migelas

Migelas (glass noodle) by Indonesia’s Mayora is now easy to consume on-the-go with a new bundled packaging that comes with disposable paper cups. Migelas is traditionally consumed at home or in the office in a mug or a glass.

The disposable paper cups make it easier to prepare Migelas while on camping trips, travelling overseas or at home/office when there is no mug/glass available. This is an example of a simple innovation but one that offers a lot of convenience to consumers.

Bringing Christmas Cheers to Trinity Children’s Home

The community of Trinity Children’s Home and volunteers from 7-Eleven Malaysia and NGOHub Asia with a newly set-up hydroponics system

Petaling Jaya, 26 December 2018 – As year end is fast approaching, 7-Eleven Malaysia, the largest convenience store in the country, recently carried out a CSR activity in the spirit of Christmas with NGOhub Asia by setting up a hydroponic system at Trinity Children’s Home. Hydroponics is a method of planting in a water-based, nutrient rich solution.

Trinity Children’s Home is a shelter home for orphaned and underprivileged children with single parents. Mary Moses, affectionately known to the children as ‘Chitti’, has been managing the home for the past 3 years, which was previously run by her sister and founder, Nancy. Started in 1999, the home has nurtured and seen more than 150 children grow up to be independent adults as the home functions not only as a shelter, but also provides education and trainings for the children to be self-sufficient for their future.

As part of the CSR initiative, volunteers from 7-Eleven Malaysia and NGOhub Asia worked hand in hand in setting up the hydroponic system with the children. Along with a hydroponic expert, they briefed the kids on the different steps and requirements to start planting using the hydroponic system. The children and volunteers got their hands dirty by seeding and potting the soil mix, excited at the prospect of reaping the harvest of their hydroponics in the months to come. A Christmas celebration would not be complete without presents. The children were all given presents and goodie bags before bidding farewell with the volunteers.

In a conversation, Mary shared, “Community outreach initiatives such as this by 7-Eleven Malaysia and NGOhub Asia help to bring awareness on hydroponic systems as well as cultivating future green thumbs by involving the children in caring and growing plants from scratch. The children had a great time learning and participating and I am grateful for the support and kindness shown by the volunteers.”

Ronan Lee, 7-Eleven Malaysia’s General Manager of Marketing said, “During this season of giving, we believe that setting up the hydroponic system will be beneficial for the home as it helps to sustain their lifestyle by providing fresh home-grown vegetables and fostering a closer relationship between the children and nature. This self-enriching activity is something that we hope the children will incorporate into their daily routine and pass on to more newcomers, as it presents many good values such as resourcefulness, patience, caring for plants and most importantly, self-sustenance skills that would help shape their character for the better.”

For more information, please log on to www.7eleven.com.my or follow 7ElevenMalaysia on Facebook.

Online Shoppers Reap Rewards from Boost x 11street ‘Win A Car’ Campaign

Chia Shang Yeet (centre) presented with a mock car key of his new car from (from left) Chief Executive Officer of 11street, CHEONG Chia Chou and Chief Executive Officer of Boost, Christopher Tiffin

Key highlights:

  • The inaugural Boost x 11street ‘Win A Car’ campaign from September 28 to November 30 saw 40,000 transactions completed successfully and an increase of 127% in Gross Merchandise Volume (GMV) on 11street.
  • With an average order value of RM68 that surpassed the minimum RM40 for eligibility, there was also a rising number of shoppers opting for Boost as a payment method.


Kuala Lumpur, 20 December 2018 –
11street (www.11street.my), one of the leading online marketplaces in Malaysia recently embarked on a successful collaboration with Boost, the country’s leading eWallet with over 3.4 million users. This partnership kicked off to a great start with 37,000 orders placed by over 17,000 buyers amounting to 40,000 successful transactions. These transactions totalled an average order value of RM68, surpassing the minimum eligibility value under terms of the ‘Win a Car’ campaign of RM40 per entry. In addition to that, 11street also saw an increase of 127% in Gross Merchandise Volume (GMV) from the also rising number of shoppers who made purchases via the Boost mobile application during the two-month long campaign period.

The top 3 categories that recorded the highest sales during the ‘Win A Car’ campaign were eVouchers, Food & Beverages as well as Groceries. These top categories are also reflected in the top selling items during the campaign, which include Petronas eVouchers, Xpax reload and household favourite beverage, Milo. These top purchases are an indicator that online shopping is slowly but surely becoming an integral aspect to Malaysian lifestyles as more customers are becoming assertive for quicker, easier and more value for money deals.

The ‘Win A Car’ Campaign was announced during the launch of the partnership between Boost and 11street in September, offering customers the chance to win prizes worth up to RM86,000. Amongst some of other awesome prizes claimed by avid online shoppers via this campaign are the Huawei Mate 10 Pro, the Apple Watch Series 3, Xiaomi Band 3, a PS4 Slim 500GB standalone console, 11street cart coupons worth RM50 and the grand prize – a brand new car!

Christopher Tiffin, CEO of Boost said, “In recent years, we’ve seen a gradual shift in the way customers choose to shop and it has become wildly apparent that mobile phones have brought about an indispensable convenience to everything we do. That was one of our main goals through this collaboration, and we’re thrilled to see the significant increase in the number of 11street customers using our payment method through this partnership. We are always looking to make the online shopping experience easier, faster and hassle-free for our customers and 40,000 successful transactions from 17,000 customers placed throughout this campaign is proof that we’re headed in the right direction.”

CHEONG Chia Chou, CEO of 11street added: “Coming into this we were excited to see where this partnership could take us, and it has proven to be an extremely fruitful journey for both 11street and Boost. We believe that this success can be attributed to the fact that we share the same values in providing the best to our customers, and this will continue to be our mission. This partnership with Boost is just a start of something bigger and better within our digital ecosystem, so keep your eyes peeled.”

The success of this collaboration between Boost and 11street is also an indicator of the value of convenience in our fast-paced society. From being able to shop without ever leaving the house to never having to whip out cash or credit cards to make payments, everything is now at the customers’ fingertips.

Chia Shanq Yeet, the proud winner of a brand new Perodua Myvi shared, “The ability to shop from the comfort of my own home has given me the option to complete more errands in less time. Furthermore, I now no longer have to constantly key in my personal details to complete my online transactions. Winning a brand new Perodua Myvi is such a surprise and I’d really like to thank Boost and 11street for this fantastic way end to my year. I look forward to more great deals and campaigns by Boost and 11street.”

Shoppers can download the Boost app and the 11street app on the Google Play Store or the App Store. To find out more information on how the Boost app works on the 11street platform or app, visit the 11street FAQ page here.

7-Eleven Malaysia and Tiangseri Malaysia ink deal for franchise program expansion

(Left to right) 7-Eleven Malaysia Executive Director Ho Meng, CEO Colin Harvey exchange documents with Tiangseri Malaysia President Dr Mastura Mohamad and General Secretary Sumarni Ayob while being witnessed by Berjaya Corp Chairman & Founder Tan Sri Vincent Tan, and 7-Eleven Malaysia Advisor Datuk Abdul Wahab Khalil during a MOA at the Berjaya Time Square Hotel, Kuala Lumpur. December 19, 2018. NORMAN HIU/ theSun.

7-Eleven Malaysia Sdn. Bhd., a wholly owned subsidiary of 7-Eleven Malaysia Holdings Berhad and the No.1 standalone convenience store chain in the country has signed a memorandum of agreement (MOA) with Pertubuhan Tindakan Pejuang Wanita Dalam Sosial, Ekonomi, Rumahtangga Dan Ilmu, otherwise known as Tiangseri Malaysia that will enable this non-governmental organization to recruit, provide financial funding and train future franchisees under the 7-Eleven Malaysia network which is in line with the objective of both 7-Eleven and Tiangseri in providing an opportunity to those interested to be an entrepreneur, be self-sufficient as well as creating a sustainable ecosystem that provides more job opportunities to the local community.

In the agreement, Tiangseri Malaysia was commissioned to recruit and recommend up to fifty potential franchisees to 7-Eleven Malaysia in the next 12 months as well as provide various services to the potential franchisees such as assisting to procure the required financing at preferential rates via government agencies such as Perbadanan Usahawan Nasional Berhad (PUNB) and Majlis Amanah Rakyat (MARA) among others.

The MOA was signed by 7-Eleven Malaysia chief executive officer Mr. Colin Harvey and Tiangseri Malaysia president, Dr. Mastura Binti Mohamad at a simple signing agreement in Berjaya Times Square hotel, which was also witnessed by Berjaya Corporation Founder, Tan Sri Vincent Tan.

“Tiangseri Malaysia is delighted to announce this strategic collaboration with 7-Eleven Malaysia and we look forward to developing the franchise program further under such a world-renowned brand which is also the world’s largest convenience store chain brand”, said Dr. Mastura binti Mohamad, President, Tiangseri Malaysia.

She added, “Providing opportunities for our community to be more self-sufficient are a major focus for us and we strongly believe that the general public have an incredible interest in learning to manage their own business but are worried about the many risks and challenges if one is to attempt on their own therefore that is why this franchise program is the best whereby one can learn the ropes gradually and all the while under the guidance and tutelage of both parties. 7-Eleven Malaysia is our ideal partner where we are able to fulfill our philanthropic objectives while 7-Eleven Malaysia has unrivalled experience and retail know-how and we look forward to a long and fruitful partnership.”

“The franchise program expansion through Tiangseri Malaysia will see both partners leverage on each other’s unique strengths and experience, as well as their respective expertise in both retail and grassroots franchise recruitment,” said Mr. Colin Harvey, CEO of 7-Eleven Malaysia.

He added, “We are fully focused on this collaboration as we believe franchising are an integral part of our long-term corporate strategy of giving back to the local community that we operate in, as it will both provide and create important life and management skills in future entrepreneurs as well as providing more job opportunities to our local workforce.”

“We are extremely pleased that we have managed to conclude this arrangement with Tiangseri Malaysia that will see both organizations collaborating and providing more opportunities to aspiring local beneficiaries and we hope that more will take this opportunity to be your own management as Tiangseri would be more than happy to share success stories of those that are already franchisees under the 7-Eleven brand in Malaysia,” he concluded.  

7-Eleven Malaysia is the largest stand-alone convenience store-chain nationwide, with more than 2250 outlets across the country and continuously aspires to elevate customers’ shopping experiences and to scale greater heights as the largest stand-alone convenience store operator in Malaysia. To meet today’s expectations in providing convenience to customers; 7-Eleven Malaysia opts to stay close to its customer’s heart by staying true to its motto, Always There for You.

Surge in Alternative and Plant-based Proteins – Top focus at 2nd Food Proteins Asia 2019

CMT’s 2nd Food Proteins Asia held on 22-23 January, 2019 in Bangkok highlights the shift towards alternative protein sources – especially plant-based proteins such as soy, chickpeas, peas, hemp, cassava as well as new innovations and regulatory framework.

Demand for protein fortified food is on the rise while there is also a growing shift towards alternative and plant based food protein – from chickpeas to peas to insects. On 22 & 23rd January 2019, food ingredients companies, brand owners, insect protein producers, food manufacturers and several others are convening in Bangkok for a 2 day summit discussing the future of food proteins market in Asia.

Organizer, Centre for Management Technology (CMT), confirms that agribusiness group – Wilmar International will present a paper on the ‘Future of Plant Protein in Asia’ addressing technologies, driving factors for plant proteins habits and more. Thailand’s Tipco Foods, which recently launched its first plant-based protein beverage in the country, will speak about Thailand’s market for high protein drinks while Vietnam’s TH Food reveals how it is ‘Expanding its Portfolio into Plant Based Milk’.

Also participating as speakers are:  Start-ups in Asia venturing into alternative proteins:

  • Novel and sustainable plant-based protein – Life3 Biotech
  • Seafood, Reinvented – A Singapore-Based Cell-Based Meat Company – Shiok Meats
  • Farming Sustainable Protein on Cassava Waste – Cricket One

Plus, industry leaders sharing their insights on:

  • Plant based, healthy, protein-rich food centred around Lupin – The Lupin Co
  • Promise of Chickpea Protein – ChickP
  • Hemp, Plant Protein & Beyond in a New World of Adoption – Blue Sky Biologicals
  • New process for vegan protein and test on cassava – SiccaDania
  • Pea Protein – Breaking into the Market Dominated by Soy – Cosucra
  • Microalgae, a major solution to build a more healthy and sustainable food industry – Algama Foods
  • Spirulina as the New Protein Substitute – Chitose Bio Evolution, Tavelmout Corporation

The summit will sum up with sessions on ‘Disruption of the Protein Industry’ from a Venture Capitalist Perspective by New Protein Capital, ‘Labelling Regulations on Protein & Novel Protein Ingredients with Focus on China’ by Keller & Heckman and ‘Challenges for Protein Processing Diversity’ by Improve SAS.

View event website or contact Ms. Huiyan at huiyan@cmtsp.com.sg  or call +65-6346-9113 for details https://www.cmtevents.com/aboutevent.aspx?ev=190104&pu=277145

 

Latin American cereal smoothies can be perfect for Malaysia

We have been searching high and low for the perfect on-the-go breakfast drink for the Malaysian market. Lo and behold we finally found it in Mexico and Colombia!

Danone LicuaderĂ­a

The Danone Licuadería, launched in Mexico in 2018, is a range of smoothie that contains milk and cereals (oats, amaranth etc) blended with fruits such as papaya, mango, coconut and banana. It has to be stored chilled.

Apparently, the on-the-go drink is inspired by the Mexican habit of drinking “Licuado,” which is a popular Latin American drink made by blending fruit (usually ripe banana), milk and ice. Danone LicuaderĂ­a (390ml) is filling, nutritious and convenient for those without the time to prepare breakfast.

https://www.facebook.com/DanoneMX/videos/1678581645551686/

To drink, just peel off the plastic layer. It is that easy.

Alpina Avena

Image from Alpina

In Colombia, the oatmeal drink Alpina Avena Original Oat-based Smoothie is similar to Danone Licuadería and this concept can be applied in Malaysia too.

Alpina Avena. Image credit: Minimeinsights.com

 

 

 

New Fundae Neon, Maru Mango and Hojicha Latte Sofuto ice cream

In Southeast Asia, ice cream has proven to be a crowd puller into convenience stores and retailers are innovating with various ice creams in cone.

At the end of October 2018, 7-Eleven Philippines unveiled Fundae Neon in time for Halloween. This glow-in-the-dark ice cream has generated a lot of excitement for the country’s largest convenience store chain. However, the colour will only really glow under a UV backlight. Fundae Neon is priced at PHP 15.

myNEWS.com new mango ice cream

In Malaysia, myNEWS.com has added Maru Mango and Maru Mix into its ice cream range in December 2018. Maru Mix is a mix of Maru Mango and Maru Milk.

Image from myNEWS.com

FamilyMart Christmas sofuto

Also in Malaysia, FamilyMart rolled out a Christmas edition sofuto in December 2018 that features the aromatic fragrance of roasted tea from Japan. Known as the Ho Ho Hojicha Latte Sofuto, the sofuto is a continuation of its other popular limited-edition sofuto such as the Murasaki Sweet Potato Cheesecake Sofuto, first launched in September 2018. The retailer claims the Murasaki Sweet Potato Cheesecake Sofuto is its “wildest sofuto flavour yet.”

Image from Familymart

 

 

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