Food & Beverage
Retail, F&B sales decline in August: SingStat
Retail, F&B sales decline in August: SingStat
While retail sales improved since July, F&B services sales declined further.
Super Foods Peru to conquer the Asian market
The brand aims to promote its agricultural products through multiple projects, including a collaboration with Singaporean retailers.
Grab to roll out Hawker Centre 2.0 in 16 new locations
The expansion came after a successful pilot programme at AMK 724 food centre.
Changi Airport rolls out new F&B delivery service
Around 30 other F&B outlets are in the Changi Eats platform.
Deliveroo e-gift cards sales skyrocket 300%
The surge is driven by firms granting incentives for remote staff.
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.
Read Here
Advertise
Sign Up
Commentary
Bootstrapping in Singapore: How small startups can thrive without investors
How outdated financial solutions are fuelling the SME exodus
The role passwordless plays in securing Singapore’s digital future
Green shipping's future: Strategic partnership between public and private finance
The great Singapore family business transition: Why legacy companies are choosing sales over succession
Why SG60 must mark a cybersecurity turning point
What the global financial crisis can teach Singapore about decision-making today
Singapore is ready for EVs, but the industry needs to catch up
Navigating public–private collaboration in Singapore’s health tech and life sciences landscape