Food & Beverage
Food processing/ manufacturing firms increase by 8%
There are 2,171 food processing/manufacturing establishments in Singapore.
ScaleUp Bio secures permit for commercial food production facility
The facility will cover around 2,266 square metres.
Local vegetable and seafood production dip in 2023
Energy price hikes and rising manpower costs impacted local production.
Southern Capital offers $0.360 per share to acquire RE&S Holdings
The offer exceeds the company's audited net asset value per share.
SBR Technology Excellence Awards 2024 Winner: FairPrice Group
Nigel Ngan, Digital Strategy Lead and Head of Product Development - Food Services at FairPrice Group, reveals the recipe for success in...
First Resources sees 86.6% YoY profit jump in 1Q24
Sales growth drove the profit increase.
Thai Bev Q2 net profit slips 4.9% on lower contribution from associate companies and decline in food business
Profit from associated companies decreased by 82.9% and the food business had a drop of 528.6%
Cotti Coffee partners with Adyen for overseas expansion
Cotti Coffee has 7,000 stores worldwide.
F&N profit rises 52.5% YoY in 1H24 despite currency challenges
Attributable profit for the period was $83.8m.
Food Empire posts 14.5% YoY revenue growth in 1Q24
The company sees gains from 2Q24 with Malaysian expansion.
Gourmet Park Kampong Bugis pop-up now open
It features lineup of events such as chef collaborations, grill-outs, and pet-friendly activities.
F&B sales growth eases to 5.0% YoY in March
In February, sales grew by 14.8% YoY.
Singapore trails U.S. in soft drink innovation
In 2023, Singapore introduced 88 new brands and sub-brands in the soft drinks space,
Startup future-proofs coffee with bean-free alternative amidst climate crisis
Prefer transforms surplus ingredients like day-old bread, soybean pulp, and barley grains into bean-free coffee.
Soup Holdings disclosed food safety regulations violation and receipt of intended summons
The company has contract pest control for regular inspections
Food factory at 30 & 32 Tuas Avenue 12 up for sale for $19.0m
JLL is selling the property via private treaty.
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