Food & Beverage
ThaiBev unit incorporates SpiritsCo Limited in HK
SpiritsCo has an initial issued share capital of HK$300,000.
No Signboard submits revised trading resumption proposal to SGX
Trading of the company’s shares has been suspended since 24 January 2022.
IP Injunction withdrawn but No Signboard to pay $6,500 to GuGong: High Court
GuGong will receive $6,500 from No SignBoard with reasonable disbursements.
Coffee chain startup Kenangan Coffee marks Singapore debut
The brand achieved unicorn status in 2022.
Court orders No Signboard, GuGong to reinstate independent contractor agreement
No Signboard will need to pay $5,000 for its services.
SATS launches workshops to help suppliers go green
It offers training on the sources of emissions and how suppliers can abate their emissions.
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.
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