Food & Beverage
F&B sales rise 1.7% YoY in July
F&B sales rise 1.7% YoY in July
Restaurants remained the only segment to post a decline, down 2.4%.
Katrina Group to open first Lotteria outlet by February 2026
The location of the first outlet will be revealed nearer the opening.
Prefer launches coffee, cocoa powders from food byproducts
The new ingredients aim to help customers reduce supply chain risks.
YKGI Limited’s profit fell by 20.6% in H1
Earnings per share stood at $0.46.
F&N Foods reports profit dips amidst lower milk sales
Dairies business generated most of the earnings for the nine months ended 30 June.
Singapore F&B sales fall 1.5% in June
Cafes, food courts and other eating places posted the sharpest drop at -3.5%.
Del Monte Pacific posts $14.1m net profit in FY2025
Sales grew by 11% to $1.02b (US$789.5m).
ST Group to liquidate UK subsidiary
This follows the Australian-headquartered company's plans to exit the UK's Gong Cha brand.
Qian Hu’s profit declines by 87.7% YoY in H1
Earnings per share declined to $0.03 from $0.22 a year earlier.
EnterpriseSG, IMDA launch refreshed F&B digital plan
It aims to widen the adoption of technology amongst F&B businesses.
F&B surge threatens Singapore’s retail stability, Knight Frank warns
Island-wide prime retail rents inched up just 0.3% QoQ in Q1 to $27.90 per square foot per month.
Food Empire to invest $47.3m in India coffee plant expansion
It is expected to increase the facility’s capacity by about 60%.
Singapore F&B sales hit $1.0b in May with steady demand
This marked a 1.4% increase compared to a year ago, with online orders making up more than a quarter of all F&B transactions.
Chizu Café operator Daruma Capital eyes Singapore IPO
Daruma Capital is partnering with MCI Capital as its financial advisor for the IPO.
SunMoon Food CEO acquires 401,000 more company shares
Zhang Ye’s stake in the company now stands at 0.71%.
Super Hi reverses net loss in Q1 2025
The company reported a net profit of $15.2m.
F&B sales rise 1.2% YoY in April, reversing March drop
In March, sales declined 2.7% YoY.
Read Here
Advertise
Sign Up
Commentary
ASEAN's unity is being tested in the age of economic warfare
The real price of doing nothing: Singapore's counterfeit challenge
The intersection between AI and the Workplace Fairness Act
The adversary ecosystem Singapore boards must confront
Why Singapore’s fast payments need faster protections