AGP Executive Report
Last update: 3 hours agoFood Prices: South Korea’s revived Fair Trade Commission investigation unit has begun inspecting major producers, including CJ CheilJedang, Daesang and Ottogi, over suspected coordination on prices for kimchi, tofu, oils, instant rice and sauces. Dairy Drinks: Reliance Consumer Products has launched Rs20 Joyland flavoured milk in Tamil Nadu, starting with strawberry and vanilla as it enters ready-to-drink dairy and plans a wider rollout. Cost Pressures: India’s wholesale inflation surged to 11.39% in September on higher food and fuel prices; Mumbai restaurants say they will raise menu prices by 10–15%. Food Standards: Delhi High Court has sought FSSAI’s response to a plea challenging non-dairy products sold as paneer, putting labeling and consumer disclosure under scrutiny. Changing Habits: South Korea’s tax revenue from domestically produced alcohol fell to a six-year low, with beer and soju leading the decline as younger adults drink less. Restaurant Delivery: Singapore’s food-delivery market is consolidating around GrabFood and foodpanda, leaving independent outlets reliant on the platforms as order growth slows and checkout fees deter customers.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
Perspectify News
