Food & Beverage
Local vegetable and seafood production dip in 2023
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%
Cotti Coffee partners with Adyen for overseas expansion
Cotti Coffee has 7,000 stores worldwide.
F&N profit rises 52.5% YoY in 1H24 despite currency challenges
Attributable profit for the period was $83.8m.
Food Empire posts 14.5% YoY revenue growth in 1Q24
The company sees gains from 2Q24 with Malaysian expansion.
Gourmet Park Kampong Bugis pop-up now open
It features lineup of events such as chef collaborations, grill-outs, and pet-friendly activities.
F&B sales growth eases to 5.0% YoY in March
In February, sales grew by 14.8% YoY.
Singapore trails U.S. in soft drink innovation
In 2023, Singapore introduced 88 new brands and sub-brands in the soft drinks space,
Startup future-proofs coffee with bean-free alternative amidst climate crisis
Prefer transforms surplus ingredients like day-old bread, soybean pulp, and barley grains into bean-free coffee.
Soup Holdings disclosed food safety regulations violation and receipt of intended summons
The company has contract pest control for regular inspections
Food factory at 30 & 32 Tuas Avenue 12 up for sale for $19.0m
JLL is selling the property via private treaty.
Singapore Polytechnic launches training facility for food manufacturing
The facility will provide training under the institution’s INC.
F&B sales climb 14.7% YoY in February
The higher F&B sales were partly due to CNY being celebrated in February.
Competition concerns derail Grab-Delivery Hero deal
CCCS issued Interim Measures Directions over the planned acquisition.
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