Food & Beverage
$6.8m Digital Resilience Bonus bolsters food services and retail industry
The DRB payouts are used to support the digitalisation of SMEs.
$6.8m Digital Resilience Bonus bolsters food services and retail industry
The DRB payouts are used to support the digitalisation of SMEs.
Japan Foods profit plummets 80%, halts expansion plans
The company has been significantly impacted by the pandemic.
Daily Briefing: No takers for 1,000 F&B jobs; Construction contract deadlines extended by 4 months
And COE prices close lower in latest bidding exercise.
Retail, F&B sales decline in August: SingStat
While retail sales improved since July, F&B services sales declined further.
Super Foods Peru to conquer the Asian market
The brand aims to promote its agricultural products through multiple projects, including a collaboration with Singaporean retailers.
Grab to roll out Hawker Centre 2.0 in 16 new locations
The expansion came after a successful pilot programme at AMK 724 food centre.
Changi Airport rolls out new F&B delivery service
Around 30 other F&B outlets are in the Changi Eats platform.
Deliveroo e-gift cards sales skyrocket 300%
The surge is driven by firms granting incentives for remote staff.
Koufu launches milk tea brands in the Philippines
A Philippine pizza chain will manage the brands under a master franchise agreement.
foodpanda pilots drone delivery
The trial revealed that they can complete deliveries in less than 15 minutes.
Koufu Group's profits plunged 82% to $2.54m in H1
Its outlet and mall management segment saw lower fixed and variable rental income.
Koufu acquires dough manufacturer Deli Asia for $22m
The acquisition is aimed to accelerate Koufu’s diversification of its business network.
7 out of 10 local live stream purchases are food-related
People have been purchasing food items online including bubble tea, seafood, and other meats.
UOB, digital firm Getz to help F&B merchants build online presence
Merchants will also need to pay capped transaction fees.
Karana closes $2.37m seed funding
This will be used to fund its whole-plant-based meats and dim sum products in Singapore.
Olam unit secures samurai loan facility of $324.08m
Olam Treasury aims to refinance existing loans and general corporate purposes.
Japfa completes 25% stake sale in AustAsia to Meiji for $354.28m
It will continue to own 75% stake in AustAsia.
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