Food & Beverage

Kimly’s net profit rises 10.6% to $16.4m in H1 FY2026

Revenue inched up on stronger contributions from its outlet management and investment divisions.
5 days ago

F&N's H1 net profit slips 3% to $81.6m on higher tax expenses

A $65.8m adverse foreign exchange impact pressured the group's top-line performance.

F&B sales rise 2.3% in March

Total F&B sales reached $1.6b, whilst online sales made up 20.6% of the total.

Sheng Siong delivers double‑digit Q1 net profit growth from store expansion

Gross margin improves whilst costs rise as Singapore same-store sales gain offsets weaker China contribution.

F&N eyes up to 19.99% stake in New Zealand’s Comvita with $15m commitment

The group will participate as a cornerstone investor in a proposed equity capital raising.

Taste outranks nutrition awareness in healthy ageing food choices

Only 45.5% of seniors identified omega-3 as important.

F&B sales rebound 5.5% in February

The increase follows a 3.2% dip in January.

FoodXervices to wind down by end-April after 92 years of business

The company cited the loss of its headquarters as a key factor in its decision.

Yeo Hiap Seng retrenches 25 staff following Malaysia production shift

The company will offer affected employees job placement, career guidance, and counselling.

Singapore brewing to wind down as APBS shifts production to Malaysia, Vietnam

The transition is expected to impact around 130 roles over the next two years.

F&N names Tarang Gupta CEO-designate in 90-day handover plan

Current CEO Lim Yew Hoe will retire on 30 September after a three-month transition period.

Singapore’s cost pressures force QSR brands to slow expansion

Beyond rent, operators flagged structural challenges that complicate execution.

Foodservice continues to trip over rising costs and supply chain obstacles

Complicated menu items or low-selling items should be removed.

Pizza Hut chases solo diners

The meal may be solo, but the experience is still social.

Café chain The Providore ends operations in Singapore

The company has not publicly confirmed a reason for the closures.

F&B sales fall 3.4% in January on CNY timing effect

Across segments, restaurant sales registered a 9.3% YoY drop.