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Standard Chartered Malaysia has entered into an environmental, social and governance (ESG)-linked derivative transaction worth MYR251 million with one of Malaysia’s leading beverage manufacturers, distributors and marketers, Etika Group of Companies, marking the first such transaction executed by a homegrown fast-moving consumer goods (FMCG) corporate in Malaysia. The structure of the transaction involves a pricing mechanism where a discount or premium will be applied depending on whether Etika achieves the pre-agreed sustainability-related key performance indicators (KPIs) that are tied to the greenhouse gas emissions intensity of the Etika Beverage Plant and Etika Dairy Plant. The KPIs are in support of Etika’s sustainability commitments to promote environmentally conscious practices within the FMCG industry. Abrar A. Anwar, MD and CEO of Standard Chartered Malaysia, said, “For a leading homegrown player like Etika to take ownership in actively reshaping their group sustainability pl...

Etika and MBO Cinemas sign partnership to be only cinema chain in Malaysia offering consumers refreshing Pepsi beverages Bringing consumers delight as they once again start enjoying the movie theatre experience, Etika Sdn Bhd (“Etika”), one of Malaysia’s leading halal beverage manufacturers has signed a partnership with MBO Cinemas on 5th January 2022. Meant to perfectly complement one’s buttery popcorn, consumers will now be able to excite their taste buds with chilled beverages Etika has to offer, each time they go to MBO Cinemas. The partnership will entail MBO Cinemas to be the only movie theatre chain in the country to offer consumers Etika products as a choice of beverage. The strategic partnership allows consumers to be able to indulge in drinks like Pepsi, Mountain Dew, 7UP, Mirinda, Lipton Ice Tea as well as options like Pepsi Black, a zero-calorie product without compromising on the bold cola taste, as long as they visit MBO Cinemas. With this partnership in place, consumers ...

Khalid Alvi According to experts, nearly 40% of all products globally will be sold online by 2026 [1] . Recovering from the shock of the pandemic, business leaders are now looking at long-term strategic moves, particularly since the “next normal” looks drastically different than from what we’re used to. Being one the largest markets worldwide, the Fast-Moving-Consumer-Goods (FMCG) industry is also presented with an enormous responsibility— and opportunity—to reinvent their operation models to navigate an uncharted future. Consumer behaviours are settling into a new normal, as people everywhere learn to live with the reality of COVID-19 and as more countries reopen parts of their economies. While the FMCG industry has remained resilient during the pandemic, the business environment is changing fast with accelerated digitalisation. To keep a pulse on both, companies need to learn how to innovate and digitally transform their business to cut through current “digital fatigue”. To do so, co...

Etika releases limited-edition design cans for the festive season and collaborates with Maybank to bring more prosperity for Malaysians this Chinese New Year It is that time of the year again when Malaysians are in the mood to celebrate the festive season with great food, drinks and merriment. With Chinese New Year around the corner, Etika Sdn Bhd (“Etika”), one of Malaysia’s leading halal beverage manufacturers wants you to start the new year by bringing home prosperity and happiness with plenty of deals and promotions that are too good to miss. To celebrate Chinese New Year, Etika will release a range of Chinese New Year limited-edition design cans in Malaysia along with some fantastic deals. “The past couple of years have been tough for many of us but as we enter the year of the Tiger, we hope that the willpower, strength and resilience we have shown in the past year will be well rewarded in the new year. We also have some amazing milestones to look forward to especially with over 7...

Etika Sdn Bhd (“Etika”), one of Malaysia’s leading halal beverage manufacturers, is strengthening their sustainability commitments in a bid to promote environment conscious practices both within the FMCG industry and at the consumer level. Etika’s renewed sustainability efforts will be anchored around key pillars of reducing carbon emission, sourcing sustainable ingredients, innovation in packaging and waste reduction. Etika will also simultaneously focus on building strategies that will provide sustainable value creation in the long term for all stakeholders involved, including their consumers, employees and local communities. Khalid Alvi, Chief Executive Officer of Etika Group of Companies (Malaysia, Singapore and Brunei) “Etika has always been driving a positive impact within the Malaysian society, whether it is through our refreshing beverages or creative campaigns. With our renewed sustainability initiatives in place, we hope that we are able to drive that impact on a larger sca...

Khalid Alvi, the Chief Executive Officer of Etika Group of Companies for Malaysia, Singapore, and Brunei is among the coveted list of top ten recipients of “Outstanding Leaders in Asia” awarded by the prestigious Asia Corporate Excellence Sustainability Awards (ACES) 2020. Organised by the MORS Group, the award recognizes exceptional leaders who have demonstrated sound leadership in elevating their organisations' growth and prominence. These individuals exhibit the ideal blend of business acumen, professionalism, entrepreneurial calibre and astuteness. This achievement is a testament to Khalid’s beliefs in participative management as the driving force in bringing people of different skills together. “I believe that this has made a difference to both employees and stakeholders. I consider this one of my successes, and success is always sweeter shared,” remarked Khalid. Etika Holdings, one of Malaysia’s leading beverage manufacturers and distributors, competes against both internati...