Food & Beverage
SGX-listed ThaiBev’s recovery on track with a surge of Chinese tourists
SGX-listed ThaiBev’s recovery on track with a surge of Chinese tourists
The beverage company is attractive as the tourism sector improved in 2023.
China coffee giant Luckin Coffee makes Singapore debut
Singapore is the first market in its overseas expansion.
9 Singapore restaurants land on Asia’s 50 Best Restaurants list
Odette ranked the highest at 6th place.
Gogoro and C&C join forces with foodpanda for electric two-wheelers
Riders can use Gogoro’s smartscooters for a trial run.
Top F&B picks as sector continues recover in post-2019 era
The January Singstat figures showed that there is “meaningful recovery.”
No plans to sell spirits business: ThaiBev
The food and beverage firm said Spirits Product Group is still its core business.
How much do Singaporeans need to eat three meals in food establishments?
The cheapest breakfast meal has an average price of $3.25.
Singapore Food Agency suspends 24 unlicensed food stalls, trucks
The 24 were operating during the Hari Raya Mega Sale 2023.
ThaiBev seeks to delist Oishi amidst restructuring of food business
The food and beverage firm said there has not been much trading volume for Oishi.
No Signboard disagrees with law firm’s allegations
GuGong alleged that No Signboard’s unilateral termination was “unlawful.”
Sheng Siong Group records slight uptick in net profit in FY22
Its net profit rose 0.4% YoY to $133.6m.
Over 40,000 food service workers to receive wage increases
The baseline wage for full-time workers will increase to $2,080 in 2025.
ThaiBev's EBITDA drops 7.7% YoY in Q123
The company attributed its EBITDA performance to cost push amongst others.
The role of digitalisation in futureproofing Singapore’s food supply chain
Singapore, an island nation scarce in natural resources, imports more than 90 per cent of its nutritional requirements from diversified sources...
F&B sales growth moderates to 13.9% in December
In November, F&B sales grew 25.0% YoY.
Services sector’s business outlook dims for Q123
Sixteen (16%) per cent of firms foresee deteriorating business conditions.
Chart of the Day: Grab food delivery outperformed ASEAN peers in GMW growth
It sustained growth consecutively in the past three years.
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