Food & Beverage
ThaiBev's earnings climb 1.9% YoY in 1Q24
It recorded an EBITDA of ฿13.8b ($700.7m).
F&B sales growth eases to 0.3% in December
In November, F&B sales grew 1.6% YoY.
Food delivery app drives digitalisation in F&B sector: report
Deliveroo estimated to have contributed $139m to the local economy.
FairPrice Group to extend store operating hours for Chinese New Year
Over 60 stores will operate for 24 hours on 8 February.
Auditor raises ‘material uncertainty’ on No Signboard
The company incurred a net loss of $4.7m in FY22.
ThaiBev taps Prapakon Thongtheppairot as president and international group COO
He will begin his duties on 27 June.
No Signboard to acquire 60% stake at Dining Haus for $1.2m
It will acquire the stake from Chia Shu Sian and Gazelle Ventures.
Why Tim Hortons bets on ‘third-place’ to be first in Singapore’s coffee market
The brand aims to offer unique and healthier choices for consumers.
F&B sales growth eases to 2.4% in October
In September, F&B sales grew 6.9% YoY.
No Signboard cuts losses by 66.4% YoY to $423,205 in 3Q23
For 9M23, the company narrowed its losses to $1.2m.
ThaiBev revenue up 2.5%, net profit slipped 10.9% in 2023
Sales in spirits and beer also saw a decline.
Food Empire records 14.8% YoY decline in net profit in 9M23
The company attributed the decline to a US$1.4m exchange loss.
F&B sales growth slows to 6.9% in September
In August, F&B sales grew 8.6% YoY.
How Singaporeans' consideration of Deliveroo and Gojek services changed following tie-up
The partners began offering discounted rides and food to its users on 1 August.
What are the most popular cuisines amongst Singaporeans?
More than half (51%) of Singaporeans consider themselves meat eaters.
How Fore Coffee plans to conquer Singapore’s crowded coffee market
With 150 coffee shops in Indonesia, Fore Coffee takes aim at the international market starting with Singapore.
Commentary
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