Food & Beverage
ST Group to liquidate UK subsidiary
ST Group to liquidate UK subsidiary
This follows the Australian-headquartered company's plans to exit the UK's Gong Cha brand.
Qian Hu’s profit declines by 87.7% YoY in H1
Earnings per share declined to $0.03 from $0.22 a year earlier.
EnterpriseSG, IMDA launch refreshed F&B digital plan
It aims to widen the adoption of technology amongst F&B businesses.
F&B surge threatens Singapore’s retail stability, Knight Frank warns
Island-wide prime retail rents inched up just 0.3% QoQ in Q1 to $27.90 per square foot per month.
Food Empire to invest $47.3m in India coffee plant expansion
It is expected to increase the facility’s capacity by about 60%.
Singapore F&B sales hit $1.0b in May with steady demand
This marked a 1.4% increase compared to a year ago, with online orders making up more than a quarter of all F&B transactions.
Chizu Café operator Daruma Capital eyes Singapore IPO
Daruma Capital is partnering with MCI Capital as its financial advisor for the IPO.
SunMoon Food CEO acquires 401,000 more company shares
Zhang Ye’s stake in the company now stands at 0.71%.
Super Hi reverses net loss in Q1 2025
The company reported a net profit of $15.2m.
F&B sales rise 1.2% YoY in April, reversing March drop
In March, sales declined 2.7% YoY.
ThaiBev launches US$2b multicurrency debt issuance programme
Net proceeds will be used for general corporate purposes
Pubs lure Gen Z with nonalcoholic drinks
Only a quarter of male Singaporeans aged 25-34 drink regularly.
SunMoon Food Company posts $1.5m net loss in FY2025
Loss per share stood at $0.168.
Japan Foods posts $7.9m loss in FY2025
Revenue for also fell 3.2% YoY to $83.6m.
Kimly unit acquires coffee shop at Yishun Ring road
The purchase consideration stood at $11m.
Delfi Limited’s EBITDA down 27.2% to $21.9m in Q1 on lower sales in Indonesia
Higher cocoa bean prices continue to weigh on chocolate manufacturers globally.
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