Food & Beverage

Olam Food Ingredients secures $665m SACE-backed financing

The facility includes a five-year US$250 million tranche and a seven-year JPY37.38 billion tranche (US$250m).

Olam Food Ingredients secures $665m SACE-backed financing

The facility includes a five-year US$250 million tranche and a seven-year JPY37.38 billion tranche (US$250m).

DFI Retail bounces back from FY22 loss with US$32m FY23 net profit

In FY22, the company recorded a net loss of US$115m.

SunMoon Food announces new leadership appointments

The appointments will take effect starting 1 April.  SunMoon Food Company Limited has announced the appointment of Huang Chaoping as its finance...

ThaiBev incorporates Cambodia business subsidiaries

All subsidiaries are responsible for businesses in Cambodia.

Air cargo, regional travel growth spur SATS’ earnings recovery

The return of Chinese travellers is a positive for SATS’ food catering business.

F&B sales drop 5.6% YoY in January

The lower F&B sales were partly due to CNY being celebrated in February.

Interim No Signboard Holdings CEO faces allegations of fiduciary breach

Lim Teck-Ean allegedly violated his fiduciary duties in the Dining Haus acquisition.

SATS’ net profit up 89.3% to S$31.8m in Q3 FY2024

Recovery of aviation food and flight volumes helped push up profits.

Food Empire's net profit dips 6.0% YoY to $56.5m in FY23

Despite a decline, the board proposed a dividend of $0.10 per ordinary share.

SG-based bean-free coffee supplier Prefer raises US$2m in seed funding round

500 Global and SEEDS Capitals were amongst the startup’s investors.

ThaiBev's earnings climb 1.9% YoY in 1Q24

It recorded an EBITDA of ฿13.8b ($700.7m).

F&B sales growth eases to 0.3% in December

In November, F&B sales grew 1.6% YoY.

Food delivery app drives digitalisation in F&B sector: report

Deliveroo estimated to have contributed $139m to the local economy.

FairPrice Group to extend store operating hours for Chinese New Year

Over 60 stores will operate for 24 hours on 8 February.

Auditor raises ‘material uncertainty’ on No Signboard

The company incurred a net loss of $4.7m in FY22.