Food & Beverage

Is it time to put a lid on the F&B boom?

Is it time to put a lid on the F&B boom?

F&B business formations hit 3,793 in 2024, second-highest since 1990.

Grocery firms' earnings resilient on global supply flexibility

Food procurement costs due to US tariffs can be mitigated through alternative markets.

F&B sales fall 5.6% in February

It was due to the difference in the timing of the Chinese New Year.

Zixin Group enhances sweet potato snacks

The global sweet potato fries market is forecasted to reach $3.5b (US$2.65b) by 2034.

HEINEKEN debuts Global GenAI Lab in Singapore

The initiative is a collaboration with AI Singapore.

Singapore G opens cold storage facility in Central SG

The new facility includes 16 cold storage rooms ranging from 300 to 1,500 square feet.

Good Farmer launches new grocery shopping website

It offers a 15% discount on customers’ first online order.

foodpanda Singapore appoints new Managing Director

Bhavani Shankar Mishra will be overseeing the overall aspects of its operations.

Yeo Hiap Seng’s net profit rises 3% in FY2024

The group recommended a dividend of $0.02 per ordinary share.

SATS’ food segment headed for better profits but cargo faces uncertainty

The potential removal of a tax exemption rule in the US could impact its revenue.

Confectionary firm Delfi suffers 26.6% net profit loss in 2024

The group said its performance was impacted by the stronger US dollar.

SATS posts $70.4m profit in Q3 FY25

The group’s revenue also grew 12.5% YoY.

ThaiBev posts 2.4% YoY revenue rise in Q1 2025

Revenue for the period reached $3.68m.