Food & Beverage
Food Junction buy spells short-term pain for BreadTalk: analyst
Food Junction buy spells short-term pain for BreadTalk: analyst
It could incur acquisition debt of S$50m along with assumed interest of 2.5-3.5%.
Daily Briefing: Grab doubles down on food services for growth; Garlick Avenue bungalow for sale at $16.5m
And 330 childcare clinics across Singapore will raise fees in 2020.
F&B sector set to grow as mass-market segment sizzles
Whilst high-end restaurants close up shop, mass-market is tipped to grow at a 2.1% CAGR over the next five years.
SATS acquires 49% stake in JV company for $17m
SATS BRF Food will be renamed Country Foods and will be a wholly-owned subsidiary of the group.
Synagie to set up HK-based food firm Chef Nic's online store in Southeast Asia
It will also handle the logistics from Hong Kong to SEA.
Adapting to the world of cloud kitchens in Singapore
Food tech has become an exciting place to in the last few years as an increasing number of players look to tap into a near-insatiable appetite for...
BreadTalk buys food court operator FoodJunction for $80m
It will be paid in cash.
First Resources profits down 54% to $40.54m in H1
Higher sales failed to fully offset the impact of weaker palm oil prices.
Olam International's profit sinks 34.5% to $61.49m in Q2
It blamed higher depreciation and amortisation, and finance costs.
No Signboard closes hawker-themed burger chain as losses pile up
The company expects a $500,000 impairment loss from the closure.
Fraser & Neave Q3 profits up 9% to $54.83m
Revenue from its dairies business grew 5.5% thanks to growth in its Thailand unit.
Charting the rise of wine investment in APAC
Investing in fine wine can help in hedging inflation risk.
Singapore hit by farm-to-market food losses worth $2.54b
393,000 tonnes of food loss occurs during upstream and midstream from imported foods and local farms.
Deliveroo Singapore revenue up 70% to $44.5m in 2018
This is mainly due to an investment of $20.7m from Deliveroo HQ for expansion purposes.
Lay Ann Ong assumes leadership as honestbee's new CEO
Meanwhile, Jonathan Low, the last of the co-founders, submitted his resignation effective 11 July.
Fresh off its IPO, ST Group looks to further sweeten Australia's dessert scene
CEO Tatt Ghee Saw talks about their newest Japanese concept.
Deliveroo opens Asia Pacific hub in Singapore to support regional operations
It currently has close to 20 employees that will work on tasks like cross-border partnerships and recruitment.
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