Food & Beverage
Koufu launches milk tea brands in the Philippines
A Philippine pizza chain will manage the brands under a master franchise agreement.
Koufu launches milk tea brands in the Philippines
A Philippine pizza chain will manage the brands under a master franchise agreement.
foodpanda pilots drone delivery
The trial revealed that they can complete deliveries in less than 15 minutes.
Koufu Group's profits plunged 82% to $2.54m in H1
Its outlet and mall management segment saw lower fixed and variable rental income.
Koufu acquires dough manufacturer Deli Asia for $22m
The acquisition is aimed to accelerate Koufu’s diversification of its business network.
7 out of 10 local live stream purchases are food-related
People have been purchasing food items online including bubble tea, seafood, and other meats.
UOB, digital firm Getz to help F&B merchants build online presence
Merchants will also need to pay capped transaction fees.
Karana closes $2.37m seed funding
This will be used to fund its whole-plant-based meats and dim sum products in Singapore.
Olam unit secures samurai loan facility of $324.08m
Olam Treasury aims to refinance existing loans and general corporate purposes.
Japfa completes 25% stake sale in AustAsia to Meiji for $354.28m
It will continue to own 75% stake in AustAsia.
ST Group to launch 10 F&B outlets
Three outlets will be opened in Australia, five in New Zealand, and two in the UK.
TiffinLabs onboards 1,000 smart kitchens globally
The kitchens will start rolling out progressively from Q4 of this year.
Olam secures $349.36m sustainability-linked loan
The credit facility consists of three tranches.
ComfortDelGro unit Moove Media to pilot ‘table shields' at local food court
Currently they are trialing these shields in ComfortDelGro taxis.
Kimly buys six new food outlets for $35.5 million
With this move, Kimly has managed to secure 79 food outlets in total.
Breadtalk to delist from SGX
This follows the close of offer announcement with BTG Holding Company.
Burpple merchants to join ComfortDelGro's delivery platform
They will also have delivery links on their pages.
GIC leads US-based Apeel Sciences $353.53m financing
This will enable the company to continue tackling the global food waste problem.
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