Food & Beverage
Almost half of Singaporeans say they ‘sometimes’ experience food insecurity
Singaporeans cite six reasons for their food insecurity.
Almost half of Singaporeans say they ‘sometimes’ experience food insecurity
Singaporeans cite six reasons for their food insecurity.
ThaiBev signs five-year term loan agreement worth ¥66b
The drawdown period is five years.
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.
Sheng Siong’s net profit down 2.9% in H1 as operating costs weigh on earnings
Utility expenses and staff costs increased.
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.
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