Food & Beverage
Pang Pok steps down as GS Holdings CEO
Pang Pok steps down as GS Holdings CEO
He will be succeeded by the newly appointed acting CEO Loo Hee Guan.
Singapore waives permit for restaurants to allow pets in outdoor dining areas
About 40 restaurants are expected to benefit from this move.
Jumbo Group net profit hit by 8.8% YoY rise in expenses
Net profit declined to $13.7m in FY2024.
Envictus posts $15.3m net profit in 2024
This is a turnaround from a net loss of $9.9m in FY 2023.
foodpanda Singapore appoints Aditi Sharma as managing director
She has 15 years of experience in technology, consulting, and e-commerce.
Kimly’s net profit drops by 6.8% to $31.7m in FY 2024
It was due to a drop in other operating income.
ThaiBev’s net profit slips 0.8% YoY in FY2024
The decline was attributed to a downturn in its spirits and food businesses.
Japan Foods announces chief chef resignation
It will be effective on 6 December.
Singapore push to preserve hawker culture in doubt
Foreigners may be averse to a difficult job in a food business that doesn’t pay well.
Japan Food Holdings suffers $1.6m net loss in HY 2025
Higher operating expenses drove the decline.
Delfi’s Q3 earnings fall 26.1% YoY to US$8.8m amidst sales decline
Net sales fell to US$117.6m.
Yoma Strategic widens net loss by US$11.2m
The loss was due to currency translation losses on THB and USD borrowings.
Food Empire revenue rises 11.4% in Q3, driven by Southeast Asia
Southeast Asia reported a 23.2% YoY higher revenue.
F&N's attributable profit rises 13% YoY to $150.2m in FY24
Strong performance from its F&B segment drove the increase.
Old Chang Kee’s net profit surges 42% YoY in H1 2025
Earnings for the period reached $6.2m.
Singapore to collaborate with Indonesia on energy and food security
The parties will particularly work on clean energy and sustainability.
Ascent Bridge Limited warns of H1 FY25 loss
The decline in duty-paid domestic sales contributed to the loss.
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