Food & Beverage
BreadTalk Group profits crashed 34.7% to $7m in Q3
BreadTalk Group profits crashed 34.7% to $7m in Q3
Expenses from their first Din Tai Fung outlet in London dragged it down.
UOB unveils inventory management solution for F&B businesses
The new scheme will allow small businesses to make purchases and payments less time consuming.
Singapore bags more than half of PE and VC investments in Southeast Asia
Singapore’s foodtech market will also continue to grow as international players enter the scene.
Daily Briefing: NTUC Foodfare refutes management allegation; HSR delay unlikely to hurt Singapore-Malaysia ties
And Temasek joins US$1.25b funding for African telco.
Deliveroo launches online portal for restaurant delivery data
It will have a marketing feature which will help make restaurants set up their own offers for consumers.
F&B tenants get creative with limited space amidst skyrocketing costs
Hua Bee Restaraunt in Tiong Bahru transforms into a Japanese yakitori restaurant Bincho by night.
Retail sales down 0.4% in August to $3.8b
Motor vehicle sales dropped 12.8%.
US burger chain Shake Shack to launch in Singapore
It will also open outlets in Seoul, Shanghai, and Manila.
No Signboard to bring Korean fried chicken to Singapore and Malaysia
Its first Mom’s Touch franchise will open on 2 January 2019. No Signboard inked deal with Korea-headquartered Haimarrow Food Service and US firm HFS...
Growing consumer confidence could bolster ThaiBev
Consumption volume for alcohol products could soon recover.
Faster F&B licensing process to roll out by 2019
Fees will also be slashed by more than $500.
Singapore millenials choose Mcdonald's as most favourable brand: study
Its viral marketing campaigns worked and cheap meals did the wonders.
Deliveroo Singapore launches monthly subscription service for $10.90
This follows trials in the UK, Ireland, Spain, and France.
Daily Briefing: Grab required to go back to pre-merger pricing algorithms; Prudential hires former Goldman Sachs' top SEA banker
And NTUC FairPrice halts Australian strawberry imports.
Better farm income could buoy ThaiBev
The Thai government is pushing initiatives to support prices of agricultural goods.
Fast food chain 4FINGERS buys 50% stake in Australia's Mad Mex
It eyes to accumulate a portfolio of three retail food and beverage concepts.
Selected F&B stores to accept 10 e-payment modes by end-2018
This is geared towards adding e-payments to coffee shops, hawker centres, and canteens.
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