Food & Beverage
foodpanda launches delivery for groceries
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.
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...
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