Food & Beverage

Foodtech slowly devours startup funding in Singapore
10 Dec 18
The launch of US$40m VisVires New Protein (VVNP) fund with its niche focus on the global food and feed system attests to the growing investor...
Kimly executives Lim Hee Liat and Chia Cher Kiang released on bail
10 Dec 18
They were arrested over suspected violations of the Securities and Futures Act.
Daily Briefing: $350 progressive wage increase for 3,000 landscape employees gets green light; Grab in talks to invest US$100m in Indian hotel startup Oyo
4 Dec 18
And government agencies amp up checks on food establishments providing catering services during the festive season.
Grab pilots monthly savings subscription programme
3 Dec 18
Users can use vouchers worth $100 on Grab’s food services for $7.99 monthly.
ThaiBev's profit plummeted 46% to $77m in FY2018
27 Nov 18
Its beer business was struck with a 10.4% net profit fall to $116.71m.
Online food delivery and grocery goes physical: is it worth it?
11 Nov 18
All of Singapore's major food delivery platforms now have a physical extension of their services, reflecting a growing trend amongst retailers...
SATS Q2 profits down 9% to $65.7m
9 Nov 18
It continued to be hit by the absence of the $7m gain from the disposal of SATS HK.
foodpanda launches pick-up feature for pre-orders in 2,000 restaurants
7 Nov 18
Customers using Pick-Up will not incur delivery fees and adhere to order or location restrictions.
BreadTalk Group profits crashed 34.7% to $7m in Q3
6 Nov 18
Expenses from their first Din Tai Fung outlet in London dragged it down.
UOB unveils inventory management solution for F&B businesses
5 Nov 18
The new scheme will allow small businesses to make purchases and payments less time consuming.
Singapore bags more than half of PE and VC investments in Southeast Asia
1 Nov 18
Singapore’s foodtech market will also continue to grow as international players enter the scene.
DBS launches chatbot Foodster for online meal ordering
26 Oct 18
It will allow customers to order food through Facebook Messenger and pay through DBS.
Daily Briefing: NTUC Foodfare refutes management allegation; HSR delay unlikely to hurt Singapore-Malaysia ties
25 Oct 18
And Temasek joins US$1.25b funding for African telco.
Deliveroo launches online portal for restaurant delivery data
22 Oct 18
It will have a marketing feature which will help make restaurants set up their own offers for consumers.
F&B tenants get creative with limited space amidst skyrocketing costs
16 Oct 18
Hua Bee Restaraunt in Tiong Bahru transforms into a Japanese yakitori restaurant Bincho by night.
Retail sales down 0.4% in August to $3.8b
12 Oct 18
Motor vehicle sales dropped 12.8%.
Jewel Changi Airport 90% leased ahead of 2019 opening
11 Oct 18
Tenants include Shake Shack, Pink Fish and Laderach which will have their maiden outlets in Singapore.
US burger chain Shake Shack to launch in Singapore
10 Oct 18
It will also open outlets in Seoul, Shanghai, and Manila.
No Signboard to bring Korean fried chicken to Singapore and Malaysia
9 Oct 18
Its first Mom’s Touch franchise will open on 2 January 2019.
Growing consumer confidence could bolster ThaiBev
8 Oct 18
Consumption volume for alcohol products could soon recover.
Faster F&B licensing process to roll out by 2019
5 Oct 18
Fees will also be slashed by more than $500.
Singapore millenials choose Mcdonald's as most favourable brand: study
4 Oct 18
Its viral marketing campaigns worked and cheap meals did the wonders.
Deliveroo Singapore launches monthly subscription service for $10.90
2 Oct 18
This follows trials in the UK, Ireland, Spain, and France.
Daily Briefing: Grab required to go back to pre-merger pricing algorithms; Prudential hires former Goldman Sachs' top SEA banker
25 Sep 18
And NTUC FairPrice halts Australian strawberry imports.
Better farm income could buoy ThaiBev
21 Sep 18
The Thai government is pushing initiatives to support prices of agricultural goods.
Fast food chain 4FINGERS buys 50% stake in Australia's Mad Mex
19 Sep 18
It eyes to accumulate a portfolio of three retail food and beverage concepts.
Daily Briefing: PM Lee unsure if RCEP will be finalised in 2018; Singapore urges developers to make low energy buildings
12 Sep 18
And CCCS slaps $26.9m fine to 13 fresh chicken distributors.
Selected F&B stores to accept 10 e-payment modes by end-2018
12 Sep 18
This is geared towards adding e-payments to coffee shops, hawker centres, and canteens.
Retail sales fell 2.6% in July
12 Sep 18
Motor vehicle sales dropped 15.4%.
BreadTalk to open first Wu Pao Chun bakery in Singapore in 2019
10 Sep 18
It will be in Capitol Piazza.
This platform matches part-timers with F&B employers
5 Sep 18
YY Part Time Jobs app aims to respond to the industry's urgent manpower crunch.
1 in 4 Singaporeans dine out everyday
21 Aug 18
7 in 10 eat out for dinner.
ThaiBev's board injections to boost Sabeco
16 Aug 18
It appointed 4 board executives and 3 management personnel.
Improving agriculture prices and farm income could bolster ThaiBev's earnings
15 Aug 18
Thailand is seeing signs of consumption recovery.
ThaiBev's Q3 profit plunged 61% to $247.72m
15 Aug 18
Blame weak performance from the spirit, non-alcoholic and food business.
Frasers Property taps DBS to roll out exclusive F&B concierge app
14 Aug 18
The app will allow the firm's tenants and customers to use its cashless payment system.
F&B sales rose 2.9% to $677m in June
13 Aug 18
Fast food outlet sales inched up 8.4%.
Fraser & Neave Q3 profits dropped 12.4% to $50.3m
8 Aug 18
Profits of its beverages and publishing businesses fell.
BreadTalk Group H1 profit plummeted 72.2% to $3.62m
2 Aug 18
It recognised a $9.3m capital gain from the sale of its stake in TripleOne Somerset.
Dairy Farm's H1 net profit crashed 17.7% to US$214.8m
30 Jul 18
Net profit fell 17.7% to US$214.8m from the previous half year’s US$260.9m.

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