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FMCG sector in China set to enter recovery phase

There has been an improvement in consumers’ willingness to step up consumption of products, services and technologies in China as the country has subdued the novel coronavirus by and large. This is expected to bring new vitality to domestic economic...

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3 FMCG Stocks Savoring the Rising Demand for Comfort Food

Demand for fast moving consumer goods (FMCG), especially in the arena of snacks went up strikingly during the pandemic-induced lockdown earlier this year. Thanks to consumers’ preference for products such as instant coffee, biscuits and chocolates while...

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Absa payment relief sets business agility in motion during the COVID-19 pandemic

No business has been left unscathed by the COVID-19 pandemic.  Even businesses in the fast-moving consumer goods (FMCG) sector that trade in groceries, health, hygiene, long-life consumables and pharmaceutical products, have been impacted due to shorter ...

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How a tightening of wallets pushed Australia into recession

A go-slow on spending sent the economy backwards 0.3% in the first three months of this year, only the fourth such decline since Australia was last in recession in the early 1990s. Treasurer Josh Frydenberg says Treasury has told him the next three month...

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Why FMCG major CavinKare asked its employees to work from home “permanently”

Chennai-based FMCG major and pioneers of the Indian Sachet revolution, CavinKare, announced that it would no longer have a corporate office. The company decided to ask 300 of its employees to work from home, “permanently”.

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FMCG revenue to de-grow 2-3% in FY21: Crisil Ratings

India’s fast moving consumer goods sector (FMCG) could see a 2 – 3% drop in revenue in FY21, as immobility of supply chain accompanied by demand shock and diminished incomes due to the pandemic strain sales of packaged foods, and personal care goo...

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How E-commerce Will Boost the FMCG Sector Post COVID-19

As COVID-19 continues to create havoc with markets, industries and small businesses being shut, people in lockdown were abstained from buying non-essential items. Disruption of home deliveries meant that no one could buy any essential or non-essential ite...

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Mucci Farms adds two more US facilities

US greenhouse farming company Mucci Farms has announced they are adding two new facilities in Romulus, Michigan and San Antonia, Texas to its portfolio.

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Kellogg partners with Wendy’s to create Pringles Baconator flavour

Kellogg has partnered with Wendy’s to create a new limited-edition Pringles flavour inspired by the restaurant’s signature Baconator burger. Wendy’s Baconator burger features a half-pound hamburger, cheese, six strips of Applewood smoked bacon, ketc...

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Investment flows in Africa set to drop 25% to 40% in 2020

The trend of declining foreign direct investment (FDI) to Africa is set to exacerbate significantly in 2020 amid the dual shock of the coronavirus pandemic and low prices of commodities, especially oil. FDI flows to the continent are forecast to contract ...

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