Food & Beverage
Olam acquires $7b financing
The fund consists of a three-year term loan and two 18-month term loans.
Olam acquires $7b financing
The fund consists of a three-year term loan and two 18-month term loans.
ThaiBev jumps with 11.5% YoY increase for 9 months FY21
The EBITDA reached a recorded $1.49b (Baht 36.63m).
Singapore's F&B industry banks on digitalisation to survive circuit breaker
Digitalisation has become the industry’s strongest support beam.
F&B, high-risk mask-off workers given until October to be fully vaccinated
Workers who are not fully vaccinated by the deadline have to undergo antigen rapid tests twice a week.
F&B sales slump to 7.3% for month of June
This follows May’s 46.4% growth in sales.
SG issues tighter COVID-19 safety measures for F&B operations
This is after a two-week suspension of operations due to COVID-19.
Retail, F&B, services sectors appeal for aid to weather second Phase 2(HA)
These sectors have been greatly affected by the 16-month “roller coaster” of tightening and loosening restrictions.
Daily Briefing: Businesses ask landlords to share 'pain' in new round of restriction; Marina Bay Sands casino closed until 5 August
And Vietnam asserts not all Vietnamese do vice.
MSE suspends nightlife spots that shifted to F&B until end-July
They can only resume operations once they pass inspection and get approval from the Singapore Food Agency.
3 ex-nightlife establishments shut down for safety breaches
These establishments had their licenses to serve food revoked and must cease operations.
Dine-in restrictions to ease by July 12
Groups of five can dine together in F&B establishments starting next week.
May food and beverage sales increase by 46.4% to $617m
More than a third of F&B sales were done online.
16 F&B outlets forced to close after SMM breach
Amongst the F&B outlets are a KFC outlet and a Don Don Donki food court.
ThaiBev to review BeerCo’s IPO plan at “appropriate time”
The company again deferred the listing due to uncertain market conditions.
OLAM outlook remains positive as industry recovers
Initial estimates showed its operational profit grew 15.5% in the first quarter.
Singapore’s nightlife to remain dead as dining in resumes
Pubs, bars and nightclubs may only resume F&B operations.
OTS Holdings debuts on SGX Catalist
The company behind Golden Bridge luncheon meat launched a successful initial public offering.
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