Food & Beverage
Over 40,000 food service workers to receive wage increases
The baseline wage for full-time workers will increase to $2,080 in 2025.
Over 40,000 food service workers to receive wage increases
The baseline wage for full-time workers will increase to $2,080 in 2025.
ThaiBev's EBITDA drops 7.7% YoY in Q123
The company attributed its EBITDA performance to cost push amongst others.
The role of digitalisation in futureproofing Singapore’s food supply chain
Singapore, an island nation scarce in natural resources, imports more than 90 per cent of its nutritional requirements from diversified sources...
F&B sales growth moderates to 13.9% in December
In November, F&B sales grew 25.0% YoY.
Services sector’s business outlook dims for Q123
Sixteen (16%) per cent of firms foresee deteriorating business conditions.
Chart of the Day: Grab food delivery outperformed ASEAN peers in GMW growth
It sustained growth consecutively in the past three years.
SGX-listed Thaibev to benefit from robust Thailand tourism in 2023
It is driven by an influx of Chinese tourists.
F&B sales jump 24.7% YoY in November
The increase was due to the low base in the same month last year.
What can entice Singaporeans to visit hospitality venues this Christmas?
Half of them plan to spend an average of $106 on drinking or dining out during the holidays.
F&B sales up 36.9% YoY to $949m in October
Food caterers' sales rose by 141.5% during the period.
No Signboard cuts losses by 86.6% YoY to $555,313 in Q4
For the entire fiscal year, it pared its losses by 69.9% YoY.
ThaiBev's subsidiary incorporates beer business in Cambodia
The beer business has a shared capital of $137,713.
ThaiBev's 'positive recovery' stays in 2023: analyst
Its gross profit margin will stabilise despite high commodity prices.
No Signboard Holdings overall revenue down 29.5% due to low sales
The total revenue was at $4.5m in the nine months ending 30 June 2022.
Refreshed gov’t digital plans to prioritise food service sector
There will be an enhanced 20 industry digital plans.
Golden Agri more than doubles its net profit to US$675m in 9M22
This is likely due to its downstream business achieving its largest EBITDA growth.
Eight F&B outlets join Changi Airport’s tenant mix
Amongst those who recently came on board was Sushi Deli.
Commentary
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