Food & Beverage

CCCS OKs beverage container return scheme

Beverages in plastic and metal containers will have a refundable deposit of $0.10.

Consumer sector faces mixed prospects despite brighter FY25F outlook

It cited SSG and THBEV as top picks, with potential upside driven by improved revenue momentum.

F&B sales rise 3.9% YoY to $997m in October

All F&B segments recorded MoM growth.

Chinese fine dining finds its next course in Singapore

The city-state’s high spending power and big Chinese commune make it an ideal entry point.

Pang Pok steps down as GS Holdings CEO

He will be succeeded by the newly appointed acting CEO Loo Hee Guan.

Singapore waives permit for restaurants to allow pets in outdoor dining areas

About 40 restaurants are expected to benefit from this move.

Envictus posts $15.3m net profit in 2024

This is a turnaround from a net loss of $9.9m in FY 2023.

foodpanda Singapore appoints Aditi Sharma as managing director

She has 15 years of experience in technology, consulting, and e-commerce.

Kimly’s net profit drops by 6.8% to $31.7m in FY 2024

It was due to a drop in other operating income.

ThaiBev’s net profit slips 0.8% YoY in FY2024

The decline was attributed to a downturn in its spirits and food businesses.

Singapore push to preserve hawker culture in doubt

Foreigners may be averse to a difficult job in a food business that doesn’t pay well.

Japan Food Holdings suffers $1.6m net loss in HY 2025

Higher operating expenses drove the decline.