Food & Beverage
Japan Foods Holding warns of net loss for FY2025
Japan Foods Holding warns of net loss for FY2025
The loss is attributable to weak sales, higher expenses, and impairment losses.
F&B sector sees 2.8% decline in March with soft demand
Total F&B sales fell 2.8% compared to the same month last year, following a 5.7% decline in February.
Wilmar International's net profit grows 13.5% YoY in Q1
Revenue also increased by 3.3% to $20.9b (US$16b).
FIH posts $3.8m net loss in FY2025
Gross profit dropped 22.4% YoY.
Is it time to put a lid on the F&B boom?
F&B business formations hit 3,793 in 2024, second-highest since 1990.
Grocery firms' earnings resilient on global supply flexibility
Food procurement costs due to US tariffs can be mitigated through alternative markets.
Sauces, salt, and instant noodles to have Nutri-Grade labels by mid-2027
9 in 10 Singaporeans exceed the daily sodium limit.
F&B sales fall 5.6% in February
It was due to the difference in the timing of the Chinese New Year.
Zixin Group enhances sweet potato snacks
The global sweet potato fries market is forecasted to reach $3.5b (US$2.65b) by 2034.
HEINEKEN debuts Global GenAI Lab in Singapore
The initiative is a collaboration with AI Singapore.
Singapore G opens cold storage facility in Central SG
The new facility includes 16 cold storage rooms ranging from 300 to 1,500 square feet.
Good Farmer launches new grocery shopping website
It offers a 15% discount on customers’ first online order.
foodpanda Singapore appoints new Managing Director
Bhavani Shankar Mishra will be overseeing the overall aspects of its operations.
Yeo Hiap Seng’s net profit rises 3% in FY2024
The group recommended a dividend of $0.02 per ordinary share.
Singapore urged to cap F&B licenses amidst record closures
More than 3,000 restaurants folded up in 2024.
SATS’ food segment headed for better profits but cargo faces uncertainty
The potential removal of a tax exemption rule in the US could impact its revenue.
Food Empire net profit down 11.4% in 2024
Net profit in H2 was down by 10.1%
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