Retail News CRM

Tag: beverages

  • Hong Kong International issues latest F&B tender in Terminal 1

    Hong Kong International issues latest F&B tender in Terminal 1

    Airport Authority Hong Kong has issued a tender for a bar and restaurant concession in Terminal 1 airside at Hong Kong International.

    The 258sq m outlet is located on Level 7 in the East Hall departures area.

    The airport company said the tender represents “a unique business opportunity for Bar & Restaurant operators in this prestigious aviation hub in Asia”.

    The closing date for offers is 6 July. The latest F&B tender represents “a unique business opportunity” says Airport Authority Hong Kong

    Other current bid opportunities at HKIA include, as reported, the airport’s confectionery retail licence, where the submission deadline for the eight-store contract is 4 July.

    Separately, Airport Authority Hong Kong has called for offers for a baby essentials & kidswear concession in the T1 West Hall. At stake is a 74sq m unit, with bids due by 8 June.

  • EU wants more access to Indonesian F&B market

    EU wants more access to Indonesian F&B market

    The EU demands Indonesia to ease trade barriers in the food and beverage (F&B) sector to give European producers more access to  Southeast Asia’s largest market, an official representing the world’s largest trading bloc has said.

    EU Commissioner of Agriculture and Rural Development Phil Hogan said many European producers had expressed their interest to enter the Indonesian market. However, both tariff and non-tariff measures, such as import quotas and local content requirements, held them back from doing so.

    “Many businesses are interested in Indonesia but they are waiting for improvement in market access,” Hogan said during the 6th EU-Indonesia Business Dialogue in Jakarta on Tuesday.

    He also mentioned the requirement to provide halal certificate as an obstacle for European F&B companies that wanted to explore opportunities in the world’s largest Muslim-majority country. Some European producers, Hogan said, had experiences in producing halal products, but some others did not.

    “We respect religion, but it [halal certification] prevent exports to Indonesia,” he said.

    He suggested that halal certification should be an option instead of being obligatory. Then producers that had not yet obtained certification could still export their products to Indonesia.

    Indonesia and the EU are currently in talks for the Comprehensive Economic Partnership Agreement (CEPA). The anticipated agreement, expected to be concluded by 2019, will remove various trade barriers between both parties.

  • Indonesia`s food and beverage companies show their product in Paris

    Indonesia`s food and beverage companies show their product in Paris

    Twenty of Indonesias food and beverage companies from around the country have displayed their products at Salon International de Lalimentation (SIAL) in Paris, France.

    The Industry Ministry of Indonesia has assisted these companies in displaying the diversity of Indonesia’s leading products, ranging from coffee, soft drinks, processed oil, health drinks, snacks, biscuits, instant noodles, processed fruit and processed fish, as well as organic foods, said Secretary of the Directorate General of Agro Industry of Industry Ministry, Enny Ratnaningtyas, in a press release received here on Tuesday.

    The Indonesian companies reflect the competitiveness of Agro products from Indonesia in international markets, as well as opening opportunities for broadening export markets.

    According to Enny, the SIAL Paris 2016 event will bring Indonesian food and beverage products to the European community, as well as the world, due to the attendance by businessmen and visitors from many foreign countries.

    “Moreover, the SIAL Paris 2016 exhibitors can interact with all potential buyers from Europe and Asia, as well as visitors from around the world who will be present at this exhibition,” said Enny.

    Enny also said the twenty companies will be located in the Indonesian pavilion, in Hall 4 booth 4M138 at the Paris-Nord Villepinte.

    The booth is located close to the Indonesian Trade Promotion Center of Lyon.

    Separately, Director General of the Ministry of Industry Panggah Ago Susanto noted that the nation’s food and beverage industry has been able to excel in both the domestic and global markets.

    This is reflected in its positive performance, such as in 2015, which accounted for 30.84 percent of the GDP of the non-oil processing industry and 5.61 percent of the national GDP.

    Meanwhile, the export value of Indonesian food and beverage products in 2015 amounted to 26.539 billion US dollars.

    “Special food and drink exports to France in 2015 reached 34.5 million US dollars, or 0.13 percent of the total exports of food and beverage products to the world,” said Panggah.

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  • Great Potential in Indonesia’s Modern Retail, Food & Beverage Sectors

    Great Potential in Indonesia’s Modern Retail, Food & Beverage Sectors

    In 2017 turnover in Indonesia’s processed food and beverage industry is expected to grow by 8 percent (y/y) to IDR 1,400 trillion (approx. USD $108 billion) from an expected IDR 1,300 trillion in 2016. Meanwhile, the nation’s modern retail industry is projected to expand in the range of 10 – 15 percent (y/y) to IDR 225 trillion (approx. USD $17.3 billion).

    Tutum Rahanta, Deputy Chairman of the Indonesian Retailers Association (abbrev. Aprindo), says the combination of accelerating macroeconomic growth and controlled inflation are the main supporters for growth of Indonesia’s modern retail sector. In 2016 Indonesia’s gross domestic product (GDP) is expected to expand by 5.1 percent (y/y) up from the realization of 4.79 percent (y/y) in 2015. Recently, the World Bank announced it sees the Indonesian economy growing further by 5.3 percent in 2017 and 5.5 percent in 2018.

    Aprindo Chairman Roy Nicholas Mandey added that after several years of economic slowdown, the retail sector of Indonesia has been recovering in 2016 on the back of low domestic energy prices (electricity, gas and fuel), the stronger rupiah exchange rate (versus the US dollar), rising government spending (on infrastructure development), low inflation (around 3 percent y/y), and accelerating economic growth. Due to these factors members of Aprindo have been eager to expand their businesses this year.

    Based on a Bank Indonesia (BI) survey, Indonesia’s retail sales grew 14.4 percent (y/y) in August 2016, supported by sales of non-food items, extending the promising trend recorded in the preceding month (retail sales growth at +15.7 percent y/y). However, this survey also signals that retailers expect retail sales to slow in November 2016 due to rising inflation (a seasonal phenomenon).

    Adhi Lukman, General Chairman of the Indonesian Food and Beverage Association (GAPMMI), agrees and expects the processed food and beverage Industry of Indonesia to rise by at least 8 percent (y/y) provided the government will not implement any policies that could undermine this growth (for example, the government once uttered the idea to implement a plastic excise tax). Besides the five above-mentioned factors, Lukman added that rebounding commodity prices also boost people’s purchasing power.

    Lukman is also optimistic that direct investment in Indonesia’s processed food and beverage industry will surpass IDR 50 trillion in 2016, up 16 percent from IDR 43 trillion in 2015. However, investors urge authorities to lower interest rates as that would make business expansion much more affordable. Lukman emphasized that Indonesian authorities need to be consistent and committed (for example through effective implementation of the economic policy packages) in order to support this industry and thus be able to compete with counterparts in Malaysia and Thailand.

    Indonesian Modern Retail Industry:

    2013 2014 2015 2016¹ 2017¹
    Turnover
    in IDR trillion
    		  148  168  181  200  225

    ¹ indicates forecast

    Indonesian Food & Beverage Industry:

    2015 2016¹ 2017¹
    Sales
    in IDR trillion
    		 1,209 1,300 1,404

    ¹ indicates forecast

  • Heineken joins foreign brewers seeking to slake Myanmar’s thirst

    International brewers are trickling into Myanmar, betting that higher incomes and economic reforms will whip up a thirst for foreign beer in a market that has long been dominated by state-owned firms.

    Heineken NV, the world’s third-largest brewer, on Sunday opened a $60-million brewery joint-venture just outside Yangon, returning to one of Asia’s most promising beer markets after exiting in 1997 amid international condemnation of the human rights abuses of the military government at that time.

    Heineken’s Regal Seven beer is set to rival the Tuborg and Yoma brands by Carlsberg, which in May became the first foreign brewer to set up in Myanmar as it emerges from 49 years of military rule.

    “Myanmar is on faster trajectory of growth and its disposable income will rise for common people in coming years,” said Vijay Dhayal, senior consultant at financial advisors New Crossroads Asia.

    Myanmar’s beer industry is dominated by state-backed Myanmar Brewery, and beer consumption rates are some of the lowest in Asia at just 3.2 litres per person in 2013, according to the latest data from research firm Euromonitor International, well below the 31 litres per person in neighbouring Thailand.

    But with consumer spending expected to rise as economic reforms kick in, foreign brewers hope Burmese will want more beer, especially the branded kind. Euromonitor forecasts the value of the beer market to almost double to $675 million in three years time from an estimated $375 million this year.

    Heinken’s Myanmar brewery is a joint venture with privately owned Alliance Brewery Co Ltd (ABC), majority-owned by local spirits entrepreneur Aung Moe Kyaw.

    Analysts, however, say the dominance of Myanmar Brewery, which has an 80 percent market share, will be tough to crack.

    “This will not be an easy game for foreign firms,” said Alec Maurice, Business Development Officer at consultancy Thura Swiss. “Myanmar consumers are often very loyal to their brands, especially in the beer sector.”

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