Food & Beverage
BreadTalk ends joint venture with Indonesian partner
BreadTalk ends joint venture with Indonesian partner
The JV was previously formed to operate Breadtalk’s coffee chain in Indonesia.
How long-time friendship evolved into a $10m food venture for the heartlands
Coffee Hive started in a dingy 500sqft space but has since grown into a multi-brand company with overseas prospects.
F&N's full-year profits jump 24.4% to $153.19m
Its dairies segment accounted for most of its revenue.
SATS profit down 7.6% $60.7m in Q2
Operating profit slid 1.5% no thanks to lower contributions from its food solutions business..
Chart of the Day: Check out the notable new store openings in Singapore in Q3
There were several notable F&B store openings amidst retail sales rising 2.2% in September.
Investcorp ties up with Chinese firms for US$500m food investment fund
Japanese soy sauce is a likely target of the fund.
foodpanda launches delivery for groceries
The platform is offering free delivery on all shops throughout November.
F&B startup Mobikon raises $11.28m in Series B funding
It seeks to be a data exchange platform following quarter-long trials.
Olam buys US almond manufacturer Hughson for $73.5m
Hughson is amongst the top five almond processors in California.
Fast food outlets generate 10% sales growth in Singapore
Total sales value of food & beverage services was estimated at $916m.
Wan Hao to serve Sri Lankan crab menu
New crab dishes include the Braised Crab with Green Chilli Sauce & Superior Stock.
Fave to launch meal pre-order feature in Singapore
Over 200 merchants will join the launch.
Chart of the Day: Food inflation averaged 2.2% in 10 years
This is due to Singapore’s food inputs being largely imported from various markets.
Chart of the Day: F&B firms ride on strong earnings growth despite mounting costs
The average net profit of listed F&B companies grew 5.3% in 2018.
Singapore Poultry Hub receives $40m loan to set up smart factory
It aims to boost the hub’s productivity and capacity by 26% and 70% respectively.
New hawkers to flourish under NEA training and incubation programme
The agency will offer culinary training and apprenticeship courses to aspiring stallholders.
Singapore ranked the world's 8th priciest country to have coffee
Danish people pay $8.36 for the same cup of coffee.
Read Here
Advertise
Sign Up
Commentary
ASEAN's unity is being tested in the age of economic warfare
The real price of doing nothing: Singapore's counterfeit challenge
The intersection between AI and the Workplace Fairness Act
The adversary ecosystem Singapore boards must confront
Why Singapore’s fast payments need faster protections