Food & Beverage
F&B sales fall 2.0% MoM in November despite 3.9% YoY growth
F&B sales fall 2.0% MoM in November despite 3.9% YoY growth
Three industries reported MoM declines.
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.
Jumbo Group net profit hit by 8.8% YoY rise in expenses
Net profit declined to $13.7m in FY2024.
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.
Japan Foods announces chief chef resignation
It will be effective on 6 December.
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.
Delfi’s Q3 earnings fall 26.1% YoY to US$8.8m amidst sales decline
Net sales fell to US$117.6m.
Yoma Strategic widens net loss by US$11.2m
The loss was due to currency translation losses on THB and USD borrowings.
Food Empire revenue rises 11.4% in Q3, driven by Southeast Asia
Southeast Asia reported a 23.2% YoY higher revenue.
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