BFM 89.9

HIGHLIGHTS 
Podcast  >  Enterprise  >  Open For Business  >  Would You Buy ‘Near To Expiry’ Food If Heavily Discounted?

Would You Buy ‘Near To Expiry’ Food If Heavily Discounted?

Nicholas Tan, Co-founder, Near To | Edmond Yap, Co-founder, Near To

04-Aug-23 10:00

Would You Buy ‘Near To Expiry’ Food If Heavily Discounted?

If a box of cereal is expiring next month, would you buy it? What if I told you it was 40% off? Now would you buy it? If you answered yes, then you’re going to want to stick around.

Near To is a local business that’s trying to reduce food waste by intercepting perfectly edible food products that are headed for landfills and selling them at cheaper prices, some at half their market price. This concept of discounting foods that are ‘near to’ expiry isn’t new and in fact standalone NTE (near to expiry) stores are already found overseas.

So today we ask the age-old question, is one supplier’s ‘near to expiry’ food another retailer's treasure?

To find out, we speak with Nicholas Tan and Edmond Yap, the Co-founders of Near To. We get into what inspired this venture and whether there’s truly money to be made by intercepting and selling ‘near to expiry’ food products.

Produced by: Roshan Kanesan

Presented by: Roshan Kanesan


This and more than 60,000 other podcasts in your hand. Download the all new BFM mobile app.

Categories:  marketsenvironmentfoodSMEentrepreneurs

Tags:  near to expiryfoodfood wastelandfills





Play / Pause

Listen now : Tech Talk: Audax’s Mike Breen explains why Malaysia’s fintech growth depends on...

Today’s Shows



6:00 AM

The 6AM Stretch

Thought-provoking discussions on ideas, people and events shaping our lives.

7:00 AM

World Market Watch

Tony Nash, CEO, Complete Intelligence tells us where international markets are heading.

7:15 AM

Morning Brief

We recap global and local headlines from today's papers and portals.

7:30 AM

Morning Brief

Ken Foong of Bloomberg Intelligence discusses the outlook for Singapore's property market in 2H2025.

7:45 AM

Morning Brief

Daniel Moss of Bloomberg, weighs in on whether Indonesia can keep its Rp662 trillion (2.8% of GDP) deficit under control while funding social programmes.

8:00 AM

The Breakfast Grille

Dr. Goh Kar Chun of MCE Holdings discusses the firm’s future after winning over RM120 million in new contracts and entering the US market.

8:30 AM

Morning Brief

Andrew Khoo, Human Rights Lawyer, weighs in on the Federal Court’s ruling against a key provision of the Peaceful Assembly Act.

8:45 AM

Morning Brief

Adib Zalkapli of Viewfinder Global Affairs discusses the recalibration of UMNO ahead of Sabah’s 17th state election.

9:00 AM

Opening Bell

(REPEAT) Tony Nash, CEO, Complete Intelligence tells us where international markets are heading.

9:15 AM

Opening Bell

(REPEAT) We take a look at the FBM KLCI as well as regional capital markets.

9:35 AM

Ringgit & Sense

Alvin Tan of the Financial Planning Association of Malaysia (FPAM) discusses aspects of Malaysian Gen Zers personal finance.

10:05 AM

Open For Business

Healthpro.id's co-founder Rendy Alfuadi shares how their on-demand platform is solving Indonesia's healthcare staffing crisis, one shift at a time.

11:00 AM

Tech Talk

Audax’s Mike Breen explains why Malaysia’s fintech growth depends on transforming legacy banks into agile platforms, and how bridging infrastructure gaps is key to turning KL20’s vision into reality.

12:00 PM

Enterprise Explores

Ong Johnson and Lo Khai Yi, Head and Co-Head of Technology Practice Group, Partners at Halim Hong & Quek, discuss Malaysia’s growing digital asset space and the role of stablecoins in bridging finance and blockchain.

1:00 PM

The Breakfast Grille Repeat

Dr. Goh Kar Chun of MCE Holdings discusses the firm’s future after winning over RM120 million in new contracts and entering the US market.

2:05 PM

Discovery Hour

3:05 PM

Beyond the Ballot Box

4:05 PM

Health & Living

The stigma faced by people with obesity is pervasive - it comes from their community, healthcare providers and policymakers. We discuss why an empathetic lens matters.

5:00 PM

Top 5 at 5

6:00 PM

Talkback Thursday

8:00 PM

BBC World Service

This episode of Crowd Science looks at twins and what makes them unique.