Food & Beverage
ThaiBev revenue climbs 8.2% in past nine months
Revenue was boosted by the easing of COVID-19 measures in Thailand and Vietnam.
F&B sales jump 59.1% YoY in June
The increase was due to the low base in the same month last year.
69% of Singaporeans say hospitality venues should decline unvaccinated guests
Locals are now prioritising health and safety more than anything.
Clarke Quay to become a day-and-night destination
This is thanks to a S$62m asset enhancement initiative.
F&B sales up 40.1% YoY in May after removal of strict dine-in rules
The industry rendered $910m in sales.
ST Hospitality investigation: URA summons Katrina CEO for questioning
Katrina is the parent company of ST Hospitality.
Can ThaiBev already raise its glass following the revival of Thailand's nightlife?
An analyst said THBEV will likely see a recovery in consumption volumes, but not in its earnings.
Party time! Gov't lifts capacity limit for nightlife establishments
The lifting will take effect on 14 June.
Chicken supply 'stable' despite Malaysia's export ban: Minister Desmond Tan
About 34% of Lion City's chicken supply comes from Malaysia.
Easing of dine-in services increases F&B sales by 11.4% in April
It grew by 5.2% month-on-month on a seasonally adjusted basis.
No Signboard announces board changes
Its executive director and a non-executive director are resigning effective 14 June.
ThaiBev net profit rose by 20% in Q2 as gov’t restrictions loosen
Net profit went up to $285m (THB 7b).
ThaiBev resumes listing plans for beer business spinoff on SGX-ST mainboard
Once materialised, the listing is expected to improve ThaiBev's financial position.
SG's first shared facility for small-batch food production opens
The facility is expected to benefit at least 200 food manufacturers.
Sheng Shiong Group mulls opening 3 to 5 stores yearly
The opening of new stores is part of the group's plan to expand its footprint in SG.
SATS invests $150m for hub on food production automation
The construction of the food hub is expected to be completed in 2024.
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