Food & Beverage
Restaurant receipts value slips 0.3% in Q3
Restaurant receipts value slips 0.3% in Q3
Chinese restaurants saw the sharpest drop, with receipts down 3.5%.
Nissin secures land in Zhuhai for new RMB240m production facility
It will be used to acquire the land, construct new production facilities, and install automated, labour-saving lines.
BaseHall 02 earns triple platinum sustainability certifications
It met strict requirements in environmental performance and wellness.
Best Mart 360 revenue up by 3.1% in H1
Basic earnings per share stood at $0.121.
Mainland Shunde cuisine chain Under Big Banyan opens first HK site
The city will be the brand's regional hub and gateway to global markets.
Over 70% of top restaurant chains commit to cage-free eggs
An additional 7% are actively developing similar policies, pushing total participation to 71%.
Thai coconut water maker IFBH Limited makes Hong Kong IPO debut
It raised $1.16b.
Yum China champions smart restaurant management
Automation is expected to power the company’s expansion across China.
Yum China to launch Q1 2025 results on 30 April
The report will be issued under the Hong Kong Stock Exchange.
NESTLÉ partners with KTSP as official frozen confection supplier
NESTLÉ’s frozen confectionery brands will provide ice cream products to visitors at KSTP.
Not only powder eyes Southeast Asian expansion
It plans to double its pool of partners by year-end.
Deliveroo exit could heighten scrutiny of Keeta, Foodpanda
Regulators may have to enforce measures to prevent anti-competitive behaviour.
Classified Group narrows loss in FY 2024
It is mainly due to no write-down of the inventories to net realisable values.
TSIT Wing International’s profit grows 21% in FY2024
The company’s proposed final dividend stood at $0.0216.
Hong Kong restaurant confidence index rises to 6 in Q4 2024
This was driven by stable revenues from traditional dine-in services and the expanding role of food delivery platforms.
HKCEC gets gold certification as Hong Kong’s first Halal MICE venue
Its the first MICE venue in Hong Kong to attain the highest level of certification.
Over 1 in 10 Hongkongers replace meals with snacks: report
This trend is due to changing dietary preferences and consumer purchases.
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