Food & Beverage

F&B sales rise 0.4% in April

F&B sales rise 0.4% in April

Fast food outlets recorded the strongest year-on-year growth.
1 day ago

Gardenia Singapore to cut 141 jobs as production moves to Malaysia

The company will cease production at its Pandan Loop facility on 30 June.

Gardenia to shift bakery production to Malaysia, 141 employees to be retrenched

NTUC-affiliated union says affected workers will receive career and training support.

Food Empire Q1 revenue jumps 16.9% to $203.3m on broad-based growth

Russia and Central Asia drove gains as group stays net cash and expands capacity.

Kimly’s net profit rises 10.6% to $16.4m in H1 FY2026

Revenue inched up on stronger contributions from its outlet management and investment divisions.

F&N's H1 net profit slips 3% to $81.6m on higher tax expenses

A $65.8m adverse foreign exchange impact pressured the group's top-line performance.

F&B sales rise 2.3% in March

Total F&B sales reached $1.6b, whilst online sales made up 20.6% of the total.

Sheng Siong delivers double‑digit Q1 net profit growth from store expansion

Gross margin improves whilst costs rise as Singapore same-store sales gain offsets weaker China contribution.

F&N eyes up to 19.99% stake in New Zealand’s Comvita with $15m commitment

The group will participate as a cornerstone investor in a proposed equity capital raising.

Taste outranks nutrition awareness in healthy ageing food choices

Only 45.5% of seniors identified omega-3 as important.

F&B sales rebound 5.5% in February

The increase follows a 3.2% dip in January.

FoodXervices to wind down by end-April after 92 years of business

The company cited the loss of its headquarters as a key factor in its decision.

Yeo Hiap Seng retrenches 25 staff following Malaysia production shift

The company will offer affected employees job placement, career guidance, and counselling.

Singapore brewing to wind down as APBS shifts production to Malaysia, Vietnam

The transition is expected to impact around 130 roles over the next two years.

F&N names Tarang Gupta CEO-designate in 90-day handover plan

Current CEO Lim Yew Hoe will retire on 30 September after a three-month transition period.

Singapore’s cost pressures force QSR brands to slow expansion

Beyond rent, operators flagged structural challenges that complicate execution.