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How the $73.5b infant formula industry milks parents’ anxieties and what S’pore is doing about it

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ST20230217_202326159511 Kua Chee Siong/ sfmilk19/ 
Formula milk has become hot commodity that can be stolen or resold.

The price of formula milk is back in the public glare, five years after the same issue prompted a government investigation and stricter regulations.

ST PHOTO: KUA CHEE SIONG

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SINGAPORE – When news that supermarket chain FairPrice had begun locking up infant milk formula to deter shoplifting went viral in January, there was speculation online that this was due to thefts committed by cash-strapped parents.

The supermarket chain later said it started its

trial scheme at its Bukit Batok MRT outlet

because infant formula was an item that was typically stolen.

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