Food & Beverage
SATS Thailand secures full ownership of SFST with final 15% stake buy
SATS Thailand secures full ownership of SFST with final 15% stake buy
The remaining 15% stake was acquired for $3.4m.
Food industry told to harness blockchain amidst stricter safety rules
Parliament wants to ensure unsafe food can be quickly removed from the market.
Japan Foods Holding anticipates a loss for Q3 2025
This is attributed to lower revenue and higher selling and distribution expenses.
Zhongxin Fruit and Juice expects higher net profit in H2 2024
The company attributes this to a substantial increase in total sales volume.
Over 1 in 10 S’poreans replace meals with snacks: report
This trend is due to changing dietary preferences and consumer purchases.
United Food Holdings to complete exit offer by March
The company will be delisted from the SGX.
Premium grocery market rebounds with shifting F&B trends
DFI and Sheng Siong may benefit from an uptick in grocery spending.
New Food and Safety Bill expands MOH authority for public health promotion
This will enable MOH to independently enforce regulations targeting public health issues.
Zixin Group clinches first probiotic-infused fermented sweet potato feedstock order
The order consists of approximately 1,080 tonnes of feedstock.
CCCS OKs beverage container return scheme
Beverages in plastic and metal containers will have a refundable deposit of $0.10.
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.
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.
F&B sales rise 3.9% YoY to $997m in October
All F&B segments recorded MoM growth.
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.
Read Here
Advertise
Sign Up
Commentary
Singapore’s family offices: Time to professionalise or risk falling behind
Liquidity crucial to stock market reform