AGP Executive Report
Last update: 3 hours agoFoodservice Costs: Malaysia’s services producer price index rose 3.6% in the third quarter, with accommodation and food-and-beverage services up 6.5%; restaurant and mobile food-service prices climbed 5.9%. Beverage Growth: Monster Beverage’s third-quarter sales increased 16.7% to $2.56 billion, led by energy drinks and strong international growth. Celsius, meanwhile, is reorganizing its U.S. business around three brands to sharpen growth and execution. K-Food Demand: Samyang Foods posted record quarterly profit as overseas sales rose 29.4%, with strong gains in the U.S. and Europe. Trade and Distribution: JETRO and Japan’s embassy in Malaysia will introduce Japanese ingredients to Johor food-service operators, while Amazon’s perishables delivery is gaining traction: seafood sales on the platform surged 888% year over year. Safety and Supply Chains: Air Products showcased food-grade gases for packaging, beverage carbonation and food processing; U.S. agencies also warned that hackers are targeting refrigeration systems protecting food and medicine.
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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