Joint venture seeks to modernise Johor’s agrofood sector whilst boosting food security Building on the memorandum of understanding (MoU) announced in August 2023, FarmByte, a digital-first agrofood company under the Johor Corporation (JCorp) Group, and Archisen, a leading agritech company from Singapore, have today embarked on a 70:30 joint venture agreement to develop a new smart indoor vertical farm in Johor Bahru. Spanning 52,000 square feet with an estimated total capital requirement … [Read more...] about FarmByte and Singapore’s Archisen Establish Joint Venture in Smart Vertical Farming
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Keeping Up With the Evolving Trends in Consumer Behavior and a Collective Approach to Sustainable Packaging
By Darren Milligan, Vice President and General Manager (ASEAN), Avery Dennison In the diverse and dynamic region of Southeast Asia, a shift is taking place within the consumer landscape. Influenced by rising demand from consumers with increased spending power, greater knowledge, and more sophisticated tastes, two major trends stand out — premiumisation and sustainability — which are now requiring brands to consider both the environmental impact of packaging as well as how to keep … [Read more...] about Keeping Up With the Evolving Trends in Consumer Behavior and a Collective Approach to Sustainable Packaging
GEA at the Anuga FoodTec trade show: Sustainability innovations bolster food industry resilience
The food industry is under pressure to transform, with the major global challenges of food insecurity on the one hand and environmental damage and climate change on the other hand. The energy crisis and evolving consumer interests exacerbate this. An extensive restructuring of our global food systems is essential to resolve these issues. Innovative food technology is the master key. Food industry must be willing to change The agri-food industry has successfully contended with a doubling of … [Read more...] about GEA at the Anuga FoodTec trade show: Sustainability innovations bolster food industry resilience
