Food & Beverage

DFI Retail Group, foodpanda, yuu Rewards Club join hands to boost quick commerce

The partnership will allow foodpanda users to shop 20,000 grocery items on the platform.

How much does an average Singaporean spend on monthly groceries?

An average Singaporean spends $211 monthly on groceries.

Ex-director nabbed for money laundering not involved in day-to-day operations: No Signboard

The company said Su HaiJin also did not receive any directors’ fees.

SATS reduces food waste to 2.3% in FY2023

The company eyes using 100% sustainable food packaging by 2030.

ThaiBev’s EBITDA fell 3.4% YoY in 9M FY23

This is despite a 3.8% increase in revenue during the period.

No Signboard suspends CEO amidst price rigging investigation

The company also put Lim Yong Sim on leave of absence.

F&B sales growth eases to 7.2% in June

In April, F&B sales grew 8.7% YoY.

Deliveroo, Gojek ink partnership deal

They will work together on initiatives that build customer loyalty, amongst others.

Recent charges linked to 2019 investigations: No Signboard CEO

The CEO faced charges over alleged price rigging.

No Signboard's board unaware of investigations on CEO's suspected price rigging

If convicted, Lim Yong Sim may face a $250,000 fine or 7-year imprisonment.

Why Jalan Tembusu got fewer bids than Tampines St 62 EC site

The former received two bids, whilst the latter got seven.

Regulator rejects No Signboard’s application for extension to hold its AGM

The company was also not allowed to release its 1Q23 results by 10 August.

Tiered excise tax is ThaiBev’s biggest concern: analyst

The beverage firm said the proposed implementation is discriminatory.

F&B sales growth eases to 8.5% in May

In April, F&B sales grew 15.3% YoY.