Food & Beverage

Restaurants experienced the most YoY decline at 24%. 

The sector scored 72.7/100 points in customer satisfaction in the Customer Satisfaction Index of Singapore.

The decrease was driven by profit declines in their beer and non-alcoholic businesses.

Schneider Electric - Today’s consumer is demanding, sophisticated and, yes, impatient. Buyers know what they want ― and they want it now. For food and beverage producers, this creates an urgent need to become more agile and responsive to market demands.

FoodFlix taps SATS capabilities, food technologies, and distribution networks to help SMEs access new retail channels.

This will integrate GrabPay and GrabRewards ito McDonald's platforms.

The rule will apply to F&B outlets, hawker centres, and coffee shops.

This is to address the unfamiliarity of customers with plant-based alternatives.

The government has provided measures and initiatives to support the F&B sector’s shift.

It aims to grow its non-travel food ventures.

Food caterers had the most growth in sales at 36.4% YoY. 

Meanwhile, 6% of services firms see a decline in business conditions.

Riders can receive an additional $2-$500 per delivery.

This is a 6% decline from the value recorded in July.

The food tech company has been on the watch list since 2015.

The reduced dine-in measures, however, will continue to affect the industry.