Jumbo unit inks joint venture to sell Teochew fishball and minced meat noodles

FOOD and beverage (F&B) play Jumbo Group announced on Sunday that its indirect wholly owned subsidiary has entered into a joint venture (JV) agreement with The Art of Mee Pok to run outlets...

F&B sector has evolved over the course of 2020

THE food and beverage (F&B) industry was hit especially hard by Covid-19, with the economic downturn, lockdown measures and dine-in restrictions leading to the sector reporting a year-on-year...

Kimly unit enters into joint venture to run coffeeshop at Hougang

CATALIST-listed coffeeshop consolidator Kimly announced on Thursday that its wholly-owned subsidiary Kimly Makan Place has entered into a joint venture (JV) agreement to run a coffeeshop at Hougang.

Margin squeeze puts F&B players in a spot over food delivery demand

FOOD delivery looks set to become a more permanent source of revenue for food and beverage (F&B) firms in Singapore, but its related costs are also increasing firms' overall operating costs,...

Singapore F&B sector braces for labour, cost squeeze from MCO

MALAYSIA'S latest Movement Control Order (MCO) will exacerbate a manpower shortage and cost issues that have plagued food and beverage (F&B) firms in Singapore for nearly a year now, companies...

Local and loving it

VACCINATIONS against Covid-19 mark some good news to start the year with but it'll still be sometime before we can start waving our passports again. In the meantime, staying in is still the...

Retail sector to see slow, steady growth in 2021

INCREMENTAL growth is on the cards for the retail sector in 2021, as Singapore cautiously reopens its borders to stimulate the economy while containing the risks of a Covid-19 resurgence.

Muis, SFA looking into allegations over Malaysia cartel's non-halal meat imports, packaging

THE Islamic Religious Council of Singapore (Muis) and the Singapore Food Agency (SFA) are looking at whether alleged improprieties in the importation and packaging of halal meat affect the...

LifeBrandz posts S$6.7m annual loss

CATALIST-LISTED lifestyle investor LifeBrandz posted a net loss of S$6.7 million for the year ended July 31, widening from a net loss of S$3 million a year ago.

Nutryfarm plans to sell fresh durians to China firm

A WHOLLY-OWNED subsidiary of Nutryfarm International is looking to sell 500 containers, each containing 960 boxes of fresh durians imported from Thailand, per year to a China-based company.

Surge in festive takeaways at hotels, restaurants

HOTELS and restaurants are seeing a spike in festive takeaways this year as dining-in restrictions have forced many to keep their celebrations at home.