Food & Beverage

F&B, tourism sectors score high in customer loyalty
3 Dec 20
A total of 2,500 customers from both sectors were surveyed.
Daily Briefing: SG approves sale of lab-grown meat in world first; Safety rules for new food inventions as demand for meat substitutes grows
3 Dec 20
And Davos may move to SG as WEF holds talks on 2021 location.
Pizza Hut donates 1,100 pizzas to migrant workers
24 Nov 20
The pizzas were delivered to migrant worker dormitories across the country.
SATS posts $33.2m loss in Q2
13 Nov 20
Outlook remains tough with travel restricted; group says it's ready to assist vaccine distribution.
$6.8m Digital Resilience Bonus bolsters food services and retail industry
10 Nov 20
The DRB payouts are used to support the digitalisation of SMEs.
Japan Foods profit plummets 80%, halts expansion plans
5 Nov 20
The company has been significantly impacted by the pandemic.
Daily Briefing: No takers for 1,000 F&B jobs; Construction contract deadlines extended by 4 months
4 Nov 20
And COE prices close lower in latest bidding exercise.
Retail, F&B sales decline in August: SingStat
6 Oct 20
While retail sales improved since July, F&B services sales declined further.
Super Foods Peru to conquer the Asian market
9 Sep 20
The brand aims to promote its agricultural products through multiple projects, including a collaboration with Singaporean retailers....
Grab to roll out Hawker Centre 2.0 in 16 new locations
1 Sep 20
The expansion came after a successful pilot programme at AMK 724 food centre.
Changi Airport rolls out new F&B delivery service
1 Sep 20
Around 30 other F&B outlets are in the Changi Eats platform.
Deliveroo e-gift cards sales skyrocket 300%
31 Aug 20
The surge is driven by firms granting incentives for remote staff.
Koufu launches milk tea brands in the Philippines
25 Aug 20
A Philippine pizza chain will manage the brands under a master franchise agreement.
foodpanda pilots drone delivery
17 Aug 20
The trial revealed that they can complete deliveries in less than 15 minutes.
Koufu Group's profits plunged 82% to $2.54m in H1
12 Aug 20
Its outlet and mall management segment saw lower fixed and variable rental income.
Koufu acquires dough manufacturer Deli Asia for $22m
5 Aug 20
The acquisition is aimed to accelerate Koufu’s diversification of its business network.
7 out of 10 local live stream purchases are food-related
22 Jul 20
People have been purchasing food items online including bubble tea, seafood, and other meats.
UOB, digital firm Getz to help F&B merchants build online presence
16 Jul 20
Merchants will also need to pay capped transaction fees.
Karana closes $2.37m seed funding
13 Jul 20
This will be used to fund its whole-plant-based meats and dim sum products in Singapore.
SATS' profit down 32.2% to $168.4m in FY2020
10 Jul 20
Its Q4 profit plunged 112.6% on the back of lower revenue for gateway services.
Olam unit secures samurai loan facility of $324.08m
9 Jul 20
Olam Treasury aims to refinance existing loans and general corporate purposes.
Changi Airport and Jewel stores and attractions reopen
6 Jul 20
Contactless payments and takeaways were implemented.
Japfa completes 25% stake sale in AustAsia to Meiji for $354.28m
6 Jul 20
It will continue to own 75% stake in AustAsia.
ST Group to launch 10 F&B outlets
25 Jun 20
Three outlets will be opened in Australia, five in New Zealand, and two in the UK.
TiffinLabs onboards 1,000 smart kitchens globally
23 Jun 20
The kitchens will start rolling out progressively from Q4 of this year.
Olam secures $349.36m sustainability-linked loan
22 Jun 20
The credit facility consists of three tranches.
ComfortDelGro unit Moove Media to pilot ‘table shields' at local food court
11 Jun 20
Currently they are trialing these shields in ComfortDelGro taxis.
Kimly buys six new food outlets for $35.5 million
4 Jun 20
With this move, Kimly has managed to secure 79 food outlets in total.
Breadtalk to delist from SGX
3 Jun 20
This follows the close of offer announcement with BTG Holding Company.
SATS headed for long, slow recovery: analysts
2 Jun 20
The aviation sector is only expected to begin recovery by FY2022.
Burpple merchants to join ComfortDelGro's delivery platform
1 Jun 20
They will also have delivery links on their pages.
GIC leads US-based Apeel Sciences $353.53m financing
29 May 20
This will enable the company to continue tackling the global food waste problem.
More closures and layoffs imminent in Singapore's F&B industry
22 May 20
Almost 41% of restaurants surveyed have ceased their operations completely during the circuit breaker period.
Fraser & Neave's post-tax profit slid 1.5% to $105.57m in H1
12 May 20
The increase is attributable to strong performance of beverages and dairies in Thailand.
ST group to re-open 87 F&B outlets in three markets
11 May 20
The re-opening accounts for 74% of the group's total network.
SATS' earnings will bounce back at a slow pace: analyst
6 May 20
The closure of Changi’s Terminal 2 is also bound to hit the firm in the coming months.
SATS expects 60-70% profit loss in Q4
4 May 20
The group said it may lose as much as $70m for Q1 2021.
Singapore must look for new win-win partnerships to ensure its food security
30 Apr 20
New global links are needed in the food supply chain of the future.
ComfortDelGro launches food delivery service
29 Apr 20
Deliveries are charged at a distance-based rate starting at $6.5.
Daily Briefing: Temasek denies claim that CEO earns $100m a year; Pandemic heightens importance of food security, says experts
20 Apr 20
And remittance firm TranSwap in talks to close US$5-10m funding round.

Sign Up For Newsletter

 

Follow Us