Mind Your Business: Cocoa prices at record highs, will you pay more for your favorite chocolate bar?
With cocoa prices hitting record highs and supply chain challenges caused by climate changes in key cocoa-production countries, the chocolate industry braces for impact. Businesses face tough decisions on pricing and production costs. Consumers may soon feel the pinch as chocolate bars shrink in size or rise in prices. In this turbulent market, Yilina Leong, Cofounder, Director of Business Development & Partnerships, Fossa Chocolate - an award winning and local bean-to-bar chocolate company, share how they navigate the storm with resilience and innovation. Presented by Emaad Akhtar and Audrey Siek This podcast is produced and edited by Anthea Ng (nganthea@sph.com.sg) She produces Mind Your Business, Biz-How-To and Breakfast Special segments on the Breakfast Show. Do contact her for topics: C-Suite, SME, Startups, Healthtech, Sustainability, Property, Intergenerational Family Business, Industry Outlook, Fintech and trending businesses in town. See omnystudio.com/listener for privacy information.