Food & Beverage

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.
Deliveroo Singapore revenue up by 142.2% to $26.4m in 2017
27 Jul 18
It now has over 6,000 riders and 4,000 partners.
Jumbo brings Singaporean flavors into Taiwan
27 Jul 18
Jumbo Group has opened its first Ng Ah Sio Bak Kut Teh franchise restaurant in Taiwan.
Singapore dissolves AVA; new food agency takes over
27 Jul 18
Food businesses will now have to work with the Singapore Food Agency.
SATS food solution revenue to rise 4.1% in FY19
24 Jul 18
The company’s Langfang kitchen is expected to drive growth.
SATS Q1 profits up 11.5% to $63.9m
19 Jul 18
Its revenue for both food solutions and gateway services grew.
Koufu raises $415.9m from IPO
17 Jul 18
Its public offer of 6.33 million shares was 17 times subscribed.
Did the World Cup help kick ThaiBev's gloomy sales?
12 Jul 18
The company’s price has fallen down 20.7% YTD.
Homegrown F&B operator Koufu launched IPO at 63 cents each
12 Jul 18
It eyes proceeds of $45.5m and a market cap of $349.8m.
Jumbo Seafood to operate in Thailand
10 Jul 18
It will be its third branch in Southeast Asia.
PUB launches beer from recycled water
9 Jul 18
PUB's NEWater has passed 150,000 scientific tests.
BreadTalk JV firm to set expansion in China through stake acquisition
2 Jul 18
It eyes developing the Song Fa brand as a market leader in South China.
Homegrown F&B operator Koufu Group eyes IPO
28 Jun 18
It aims to build a 7-storey facility to support its stalls and outlets.
BreadTalk to operate Chongqing bakeries
27 Jun 18
It plans to expand to China’s Southwestern market like Yunnan and Guiyang.
No Signboard to launch hawker-themed burger chains
27 Jun 18
It will serve localised menu including chili crab burger, Hainanese chicken rise burger, and nasi lemak burger.
LifeBrandz reopens sushi restaurant under subsidiary group
24 Jun 18
The rebranded Sushi Ayumu retained its operation in Mandarin Gallery.
No Signboard to operate Chinese hot pot Little Sheep restaurants
19 Jun 18
It eyes to launch one restaurant per year under the brand.
Why high-end, Michelin-star restaurants are shutting down in Singapore
18 Jun 18
In June, foodie circles were shocked when celebrity Michelin chef Joël Robuchon announced the closure of Joël Robuchon Restaurant and L...
SATS poised for earnings recovery as aviation arm takes off
14 Jun 18
Its partnership with AirAsia will open access to 15 Malaysian airports.
F&B sales slipped 1.8% in April
13 Jun 18
The loses were led by a 4.3% decline in restaurant earnings.
Singapore's sole 3-Michelin star resto closes shop
8 Jun 18
High-end restaurants could be losing popularity.
SATS struggles with lost licence incentives in 2018
1 Jun 18
Licence fee incentives for Changi Airport have already expired in March 2017.
SATS Q4 profits down 1.8% to $65.4m
30 May 18
Earnings and revenue were hit by the deconsolidation of SATS HK after the sale of its 51% stake.
BreadTalk ventures into tea business through Chinese partner
23 May 18
It will offer Pindao's tea products Nayuki and Tai Gai.
Can the World Cup kick ThaiBev's alcohol business back into action?
17 May 18
The company expects consumption recovery due to match timings for Asian viewers.
Wine retailers go online to tap into Singapore's US$1.4b market
17 May 18
One retailer reported 25,000 orders and a revenue of $4m in Singapore.
ThaiBev half-year profits down 35% to $387.25m
16 May 18
The weak performance of its spirits and beer businesses pulled profits down.
Wine market could grow to US$1.4b in 2021
14 May 18
A forecast shows that it could be boosted by still wine, followed by sparkling and fortified wines.
Weakness looms for ThaiBev's earnings as Thailand stays sober
11 May 18
Beer production in the country continued its rate of decline at -5%.
Fraser and Neave profits jumped to $15.39m in Q2
9 May 18
But its publishing segment continued to suffer as losses widened to $8.4m.
Fraser and Neave buys 4.42% stake in Tsit Wing for $9.95m
1 May 18
They will also explore business opportunities for beverages.
Singapore launches B2B app and digital system for F&B companies
24 Apr 18
It said these will help firms to get new overseas opportunities.
Deliveroo launches second Editions kitchen in Lavender
24 Apr 18
It partnered with seven F&B stores that will cook food exclusively on the kitchen site.

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