31 Jan '17, 11am

Singapore identifies scope for continued food manufacturing growth as e-commerce and…

Singapore identifies scope for continued food manufacturing growth as e-commerce and…

Spring Singapore - an agency under the Ministry of Trade and Industry responsible for helping Singapore enterprises grow - recently held its Year in Review event for 2016. It said food innovation projects supported by Spring’s Food Innovation Resource Centre (FIRC) increased from 109 in 2015 to 134 in 2016. FIRC offers technical advice and process development services to local food manufacturers. The agency’s Food Innovation Cluster (FIC) on the other hand, foster closer collaborations and sharing of resources. Another initiative is helping local companies engage with e-commerce platforms such as China-based Tmall. Currently, there are 130 Singapore-made food products available in Tmall from 23 local companies since 2015. Spring chief executive Poon Hong Yuen said Singapore has a strong brand reputation abroad and local food manufacturers are leveraging on this brand power...

Full article: http://www.foodnavigator-asia.com/Business/Singapore-iden...

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