Food & Beverage
ThaiBev incorporates Cambodia business subsidiaries
ThaiBev incorporates Cambodia business subsidiaries
All subsidiaries are responsible for businesses in Cambodia.
Air cargo, regional travel growth spur SATS’ earnings recovery
The return of Chinese travellers is a positive for SATS’ food catering business.
F&B sales drop 5.6% YoY in January
The lower F&B sales were partly due to CNY being celebrated in February.
Interim No Signboard Holdings CEO faces allegations of fiduciary breach
Lim Teck-Ean allegedly violated his fiduciary duties in the Dining Haus acquisition.
SATS’ net profit up 89.3% to S$31.8m in Q3 FY2024
Recovery of aviation food and flight volumes helped push up profits.
Food Empire's net profit dips 6.0% YoY to $56.5m in FY23
Despite a decline, the board proposed a dividend of $0.10 per ordinary share.
SG-based bean-free coffee supplier Prefer raises US$2m in seed funding round
500 Global and SEEDS Capitals were amongst the startup’s investors.
F&NHB unit leases parcel of land in Cambodia for US3.86m
The lease term will be 50 years.
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.
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