The Business Times

F&B

Economy & Policy

Of F&B closures in 2025, 82% of those registered for up to 5 years had never made a profit: MTI

Under the agreement, the companies will operate a joint venture, with Boyu holding an interest of up to 60% in Starbucks’ retail operations in China.
Global Enterprise

Starbucks to sell control of China business to Boyu, aims for rapid growth

ST20250819-202565200396-Lim Yaohui-pixgeneric/ Generic photograph of shoppers buying canned food and groceries at Giant Tampines Hypermarket on Aug 19, 2025. Can be used for stories on budget, inflation, food security, agriculture, farming, supermarket, local, demand and supply, food resilience, retail, Cold Storage Singapore, import, consumer, produce, product, price, business, income and money. (ST PHOTO: LIM YAOHUI)
Singapore

Singapore retail sales growth in September eases to 2.8%

Pizza Hut’s sales have lagged Yum Brands’ other prominent units, Taco Bell and KFC International, falling for seven consecutive quarters.
Consumer & Healthcare

Yum Brands mulls Pizza Hut sale as Taco Bell drives third-quarter beat

Premium rents for retail spaces in prime locations remain underpinned by deep-pocketed international operators, says analyst.
Property

Chick-fil-A, Chipotle, South Korea’s Lotteria join global F&B giants tapping Singapore consumers’ evolving taste

Shares of Denny’s, known for its inexpensive breakfast menu, surged nearly 48 per cent after the bell.
Companies & Markets

Restaurant chain Denny’s to be taken private in US$620 million deal

‘We don’t deserve this’: Twelve Cupcakes staff gather to seek recourse on salaries, CPF contributions
Singapore

‘We don’t deserve this’: Twelve Cupcakes staff gather to seek recourse on salaries, CPF contributions

Twelve Cupcakes' sudden shuttering has created “significant uncertainty and distress” for those affected, including rank-and-file workers, executives and managers, says the Food, Drinks and Allied Workers Union.
Singapore

‘Unacceptable and unfair’: Union raps Twelve Cupcakes for abrupt closure, axing of 80 workers

US consumers are tightening spending in general due to an uncertain economy and government shutdown, and the rising cost of sweets has further prompted them to trim their candy budgets.
Consumer & Healthcare

US candy makers haunted by Halloween discounts as retailers scare up sales

According to Tirtanata, Kopi Kenangan’s revenue rose by 40% year on year in Q3.
Tech in AsiaStartups

Kopi Kenangan turns Ebitda positive in Malaysia, eyes new markets

Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
View More