Food & Beverage
Old Chang Kee's net profit rises 50% YoY to $5.29m in H2 2024
Full-year profits also increased by double digits.
Oceanus and Shaoxing partners ink $37.2m deal to expand wine trade
Aside from wine, consumer goods like frozen meat will also be covered.
Mondelēz launches regional snacks lab and innovation kitchen in SG
It will be backed by over $5m investment.
Delfi’s earnings drop 8.5% YoY as sales slump to $150.7m in 1Q24
Net sales fell 5.3% YoY.
Jumbo Group fast tracks employee certification with Workplace Learning Ready mark
This benefitted over 200 employees.
Japan Foods Holdings suffers $0.5m net loss in FY24
The company attributed the net loss to higher expenses.
Food Empire to build $40.56m coffee-mix plant in Kazakhstan's Khorgos SEZ
The company expects to complete the facility by the end of 2025.
Mondelēz unveils $5m regional snacks lab and innovation kitchen in Singapore
It will expand the capabilities of its Singapore Technical Centre.
Jumbo Group hit by ransomware attack
The company plans to boost cybersecurity post-incident.
Food processing/ manufacturing firms increase by 8%
There are 2,171 food processing/manufacturing establishments in Singapore.
ScaleUp Bio secures permit for commercial food production facility
The facility will cover around 2,266 square metres.
Local vegetable and seafood production dip in 2023
Energy price hikes and rising manpower costs impacted local production.
Southern Capital offers $0.360 per share to acquire RE&S Holdings
The offer exceeds the company's audited net asset value per share.
SBR Technology Excellence Awards 2024 Winner: FairPrice Group
Nigel Ngan, Digital Strategy Lead and Head of Product Development - Food Services at FairPrice Group, reveals the recipe for success in...
First Resources sees 86.6% YoY profit jump in 1Q24
Sales growth drove the profit increase.
Thai Bev Q2 net profit slips 4.9% on lower contribution from associate companies and decline in food business
Profit from associated companies decreased by 82.9% and the food business had a drop of 528.6%
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