Food economics will decide war on diabetes
AMID rising concerns that dietary habits are leading to a global pandemic of obesity, the debate has until now largely ignored a critical question - how can manufacturers of bread and processed foods remain profitable while making the products healthier?
Singapore - Asia's second most obese nation after Malaysia, according to a 2014 report published by British Medical Journal The Lancet - recently declared war on diabetes with the government urging the city state of 5.5 million people to eat healthier food and to adopt healthier lifestyles.
Singapore has estimated that the cost of fighting diabetes is S$1 billion a year, rising to S$2.5 billion in 2050. It is probably the first country in Asia - if not the world - to directly quantify the cost of this pandemic.
TRENDING NOW
What makes a good job? Feeling that you matter
Faishal Ibrahim resigns over online messages with a female member of the public
When the disruptor gets disrupted: How Chinese open-source AI is eating its own industry
Retail resets: Mall owners reposition shopping centres as Singapore’s consumer landscape evolves