Food & Beverage

Food Junction buy spells short-term pain for BreadTalk: analyst

It could incur acquisition debt of S$50m along with assumed interest of 2.5-3.5%.

F&B sector set to grow as mass-market segment sizzles

Whilst high-end restaurants close up shop, mass-market is tipped to grow at a 2.1% CAGR over the next five years.

SATS acquires 49% stake in JV company for $17m

SATS BRF Food will be renamed Country Foods and will be a wholly-owned subsidiary of the group.

Adapting to the world of cloud kitchens in Singapore

Food tech has become an exciting place to in the last few years as an increasing number of players look to tap into a near-insatiable appetite for...

First Resources profits down 54% to $40.54m in H1

Higher sales failed to fully offset the impact of weaker palm oil prices.

Olam International's profit sinks 34.5% to $61.49m in Q2

It blamed higher depreciation and amortisation, and finance costs.

No Signboard closes hawker-themed burger chain as losses pile up

The company expects a $500,000 impairment loss from the closure.

Fraser & Neave Q3 profits up 9% to $54.83m

Revenue from its dairies business grew 5.5% thanks to growth in its Thailand unit.

Charting the rise of wine investment in APAC

Investing in fine wine can help in hedging inflation risk.

Singapore hit by farm-to-market food losses worth $2.54b

393,000 tonnes of food loss occurs during upstream and midstream from imported foods and local farms.

Deliveroo Singapore revenue up 70% to $44.5m in 2018

This is mainly due to an investment of $20.7m from Deliveroo HQ for expansion purposes.

Lay Ann Ong assumes leadership as honestbee's new CEO

Meanwhile, Jonathan Low, the last of the co-founders, submitted his resignation effective 11 July.

Fresh off its IPO, ST Group looks to further sweeten Australia's dessert scene

CEO Tatt Ghee Saw talks about their newest Japanese concept.