AGP Executive Report
Last update: 11 hours agoSingapore Packaging Rules: The NEA gave 29 non-profits until Nov. 30 to distribute drinks without the new deposit-return label, extending the transition for groups with leftover stock. Indonesia Cost Pressures: Food businesses face a double squeeze as imported commodities get dearer and the rupiah weakens, while domestic staple prices also rise. Thailand Beverage Push: Lotte Chilsung is expanding through CP Group’s retail network, seeking wider reach for its drinks in Thailand. South Korea Delivery Fines: Regulators hit Baemin and Coupang Eats with a record 632 billion won (about US$432 million) in penalties over unfair practices, raising pressure on food-delivery platforms. Food Industry Investment: Protein maker Ograe plans a 25.5 billion won plant in North Gyeongsang Province’s new food-focused industrial complex. Supply and Packaging: Ingredion says Thai cassava shortages have pushed tapioca starch prices up about 45% since January, squeezing Asia-Pacific volumes. Separately, Amcor and Yangi unveiled packaging designs aimed at improving recyclability and enabling fibre-based snap-fit lids.
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.
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