Crewstone International Private Equity & Investments’ Post

Surfing #global tides, slurping local success. 🌍🍲 #Singapore’s food and beverage (F&B) companies are riding a wave of demand in the #UK, with exports growing by 10% annually over the past decade. However, rising shipping costs threaten to dampen this irresistible growth story. 💡 Homegrown brands like Singapulah and Old Chang Kee are proving that resourcefulness and #adaptation are key ingredients for overcoming challenges. Despite rising shipping costs and logistical difficulties, the demand for Singaporean cuisine remains strong, driving significant #growth in exports. This highlights a vital message for #SMEs: resilience and #innovation can turn challenges into opportunities. By staying adaptable and thinking creatively, these businesses can expand their reach in the global market. These are invaluable lessons for any #SME in Singapore—as the global market becomes increasingly interconnected, the ability to navigate complex challenges will be crucial for driving long-term growth and #sustainability. ✨ At SME Centre@SMF (Singapore Manufacturing Federation), we're here to #support your journey to #global success. Whether you're navigating shipping costs or seeking to enter new markets, our #business advisors are ready to guide you every step of the way. 👣 Book a complimentary 1-to-1 business advisory session here: https://lnkd.in/g_5tassX and let us assist you! 🤝🏻 #smallbusiness #smesupport #businessgrowth #sgbusiness #businessadvisory #businessopportunities #businessadvisory #globalexpansion #operation #businessexpansion #globalinnovation #productivity #goglobal #keepgrowing #internationalisation #internationalization

Not too long ago, they exited the market, and now, just a few months later, they're back with a vengeance. The Chinese F&B chains are not for the faint-hearted. With war chests filled from their successes in the domestic market, these giants are now setting their sights on the international stage. CHAGEE Singapore, though Singapore wasn't their first choice for expansion into the Asia-Pacific region, is now rapidly growing, leveraging a different strategy from their peer, LUCKIN COFFEE (SGP) PTE LTD. While CHAGEE is surpassing 4,500 units and on track to hit 5,000 soon, Luckin Coffee has just crossed a staggering 20,000 outlets. These numbers are astonishing and demonstrate the aggressive pace at which these brands are expanding. It will be interesting to see how their strategies unfold in new markets and how they navigate the challenges of internationalization. #F&B #MarketExpansion #GlobalBusiness #Chagee #LuckinCoffee #AsiaPacific #BusinessStrategy

The presence of foreign F&B companies has been growing and in demand in Malaysia. Take Mixue as an example, it has risen to dominance in a short period of time. So what are some aspects of this phenomenon? Pros:  -> Economic development: Increased foreign investment, local job opportunities, and government revenue 📈 -> Global recognition 🌍 Cons: -> Food security: Increased competition between local and foreign F&B companies  -> Cultural appropriation: Risk of food acculturation That said, having foreign F&B helps grow our economy and gives us additional palate. While this might pose competition for the local scene, underlying is actually huge collaboration opportunities between local and foreign to increase local traditional food exposure and interest in their region. If you are a local F&B, this would be the best time to consider your expansion. Let’s discuss more on Malaysian consumer preferences and behaviour before you collaborate with foreign F&B:  https://lnkd.in/g8Emi4Hn #marketresearch #opportunities #foodandbeverages #oppotus

Malaysia's coffee chain war escalates with Luckin entry 👉 Read more: https://lnkd.in/g8_ffNBi There's a brewing battle for market share between international and local coffee chains in Malaysia, especially with the entry of China-based Luckin Coffee. ☕ Luckin Coffee partners with a Bursa-listed firm for Malaysian market entry, with businessman Eddie Ong likely involved. 📱 Luckin's success stems from tech-driven strategies, like user behavior insights and iterative product launches. 🌏 Malaysia's coffee market is competitive, with local chains like Zus Coffee and international players vying for dominance.

MASkargo Head of Operations Mohd Zulkefly Ujang was one of the distinguished guest panels at LogiSYM Malaysia 2024 organized by LogiSYM magazine, the official journal of The Logistics & Supply Chain Management Society. Speaking in the “Halal Logistics & Supply Chain Management” session, Zulkefly discussed about the importance of stringent protocols and continuous monitoring in managing the halal supply chain network, telling the audience how MASkargo maintain halal integrity across its logistics operations through specialised Halal Logistics Process Flow and having designated Halal-Compliance warehouse storage for both common area and cold room. The halal industry, a USD 2 trillion industry plus USD 3.6 trillion of Islamic finance assets, is experiencing significant growth globally due to increasing demand from Muslim and non-Muslim consumers seeking products perceived as healthy, ethical, and of high quality. As Malaysia’s national carrier, MASkargo is proud to be the first certified Halal Logistics operator in the region by the Department of Islamic Development Malaysia (JAKIM), the governing body for all Halal compliance certification, and aims at creating a competitive advantage for the country as the main halal corridor that would enhance trade network linking halal businesses. ✈️🌐 Learn more about MASkargo Halal logistics in the link below. https://lnkd.in/gU4unRPz #HalalLogistics #SupplyChainManagement #MASkargo #LogiSYM2024

Thank you Owen Sutter for speaking to our club about your project and product manager role at TTI in Vietnam. It was refreshing to hear about Owen’s experiences while working internationally, navigating meetings across different time zones, and communicating with people from different cultural backgrounds. We loved seeing pictures of the fascinating individuals you’ve met while abroad, the different countries you explored, and the delectable cuisines you got to try. Thank you again for taking the time to meet with our club! #oregonstate #oregonstateuniversiry #oregonstateuniversirysupplychainclub #osu #osualumni #osusupplychainclub #supplychain #supplychainclub #supplychainmanagement #supplychains

moving forward

As the global Muslim population continues to grow, so does the demand for halal-certified products across industries like food, pharmaceuticals, and cosmetics. This increasing demand will drive major innovations in halal supply chain management over the coming years. We'll see dedicated halal logistics hubs, warehouses, and transportation fleets being established to physically segregate and preserve the halal status of products during distribution. Improved cold chain capabilities will be vital for halal perishables like foods and medicines. On the regulatory front, we can expect greater harmonization of halal certification standards across countries and regions. This will facilitate smoother international halal trade flows. The concept of unified "halal corridors" between major halal hubs may even emerge. In essence, the future halal supply chain will be an intelligent, integrated, and integrity-focused ecosystem enabled by technology and governed by standardized rules - all geared towards meeting the burgeoning ethical consumption needs of the global Muslim community. Please come and join us there. 😉

The coffee and tea beverage market in Southeast Asia is flourishing, reaching a staggering US$4.4 billion in sales in 2023! Vietnam leads the pack at US$1.53 billion, while Singapore trails behind at US$270 million. 🇻🇳🇸🇬 Looking ahead, the market is projected to grow at a healthy CAGR of 8% from 2023 to 2028, with Malaysia boasting the fastest growth rate of 10.3%. 🇲🇾 Let's take a quick look at the coffee scene in Singapore, Malaysia, and Vietnam, including some of the major players in each market: https://bit.ly/458IIH2 #coffee #tea #southeastasia #vietnam #singapore #malaysia #business #growth #coffeechain #starbucks #mccafe #koi #zuscoffee #highlandscoffee #trungnguyenecoffee #phuclong

South Korean bakery brand Paris Baguette, under SPC Group, announced its expansion into Thailand, Brunei, and Laos. This strategic move comes through a master franchise agreement with Malaysia's Berjaya Food Group for operations in Thailand and Brunei, alongside a separate agreement with Laos' Kolao Group. The first stores in these countries are set to open in 2025, tapping into Thailand's rapidly growing bakery market, which is expanding at nearly 10% annually due to the rising popularity of Western-style cuisine. An SPC Group representative emphasized Thailand's role as a key hub for their Southeast Asian growth strategy. This expansion will extend Paris Baguette's presence to nine countries in Southeast Asia. In addition, SPC is investing in a halal-certified bakery facility in Johor Bahru, Malaysia, expected to commence operations by year-end, further supporting its growth in both Southeast Asia and the Middle East. Currently, Paris Baguette boasts around 590 locations across 14 countries, including the US, Canada, France, the UK, China, and Singapore. The brand's commitment to quality and innovation continues to drive its global reach. Source: The Korea Economic Daily #ParisBaguette #KoreanBakery #FoodandBeverage #SoutheastAsia #BakeryExpansion #Thailand #Brunei #Laos #HalalBakery #FnBInvestment #MarketTrend #MarketExpansion