Food & Beverage
Olam Agri bags $1b revolving credit facility
Olam Agri bags $1b revolving credit facility
Proceeds will be used to pay off Olam Agri's existing loans.
Food Empire to issue US$40m redeemable exchangeable note to Ikhlas Capital
Proceeds from the notes issuance will go to SEA expansions.
Food Empire says Vietnam coffee factory plans still under negotiation
The company is still conducting feasibility studies on the project.
Olam Food Ingredients unveils 2030 targets
Firm aims to boost farm productivity and reduce scope 3 emissions.
How are Singapore food producers faring in sustainable sourcing?
F&N was the top-performing Singapore-listed food producer in sustainable sourcing.
Kimly acquires Serangoon Central coffee shop for $13.15m
The coffee shop spans a total of 358.0 sqm strata area.
F&B sales growth eases to 0.3% YoY in April
In March, sales grew by 4.9% YoY.
Asia’s number one steak restaurant hosts London’s legendary Hawksmoor in a culinary convergence of remarkable distinction
Hawksmoor and Bistecca collaborate for an exclusive Four Hands Dinner Series from 24 to 27 June
Zixin Group recovers with $2.48m profit in FY 2024
It reversed its losses from FY 2023.
Old Chang Kee's net profit rises 50% YoY to $5.29m in H2 2024
Full-year profits also increased by double digits.
Oceanus and Shaoxing partners ink $37.2m deal to expand wine trade
Aside from wine, consumer goods like frozen meat will also be covered.
Mondelēz launches regional snacks lab and innovation kitchen in SG
It will be backed by over $5m investment.
Delfi’s earnings drop 8.5% YoY as sales slump to $150.7m in 1Q24
Net sales fell 5.3% YoY.
Jumbo Group fast tracks employee certification with Workplace Learning Ready mark
This benefitted over 200 employees.
Japan Foods Holdings suffers $0.5m net loss in FY24
The company attributed the net loss to higher expenses.
Food Empire to build $40.56m coffee-mix plant in Kazakhstan's Khorgos SEZ
The company expects to complete the facility by the end of 2025.
Mondelēz unveils $5m regional snacks lab and innovation kitchen in Singapore
It will expand the capabilities of its Singapore Technical Centre.
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