Coffee

Ramadan 2021 survey shows Singaporeans online shop from as early as 5am, strong demand for perfume and supplements - THE EDGE SINGAPORE

Capital markets

Ramadan 2021 survey shows Singaporeans online shop from as early as 5am, strong demand for perfume and supplements

Singapore consumers displayed higher searches for perfumes, supplements, and cooktops during Ramadan this year.

Just brew it

Fond of coffee? There could be health benefits in your morning cup

Food & Beverage

Sustainable reboot

Nespresso’s Reviving Origins initiative restores coffee agriculture in regions affected by adverse circumstances

US stocks

Starbucks to implement 'significant changes' to company structure

(Sept 25): Starbucks Corp. is planning an organisational shake-up, including corporate layoffs that will start at top levels, as the coffee chain tries to reverse stagnant sales and rekindle investors’ interest.

Olam pays $3.1 mil for 29% stake in coffee & nuts JV in Spain

SINGAPORE (Apr 19): Olam International says it has paid 1.88 million euros ($3.05 million) for a 29% stake in a joint venture (JV) company with Guzman Global, the distributor of industrial raw materials as well as coffee & nuts.

Olam adds East African coffee specialist to business brew with $10.4 mil acquisition

SINGAPORE (Oct 24): Agri-business Olam International has acquired a 100% stake in Schulter S.A., an East African coffee specialist, for US$7.5 million ($10.44 million).

Broker's Calls

Super Group shares bland on higher raw material prices and volatile forex

SINGAPORE (Oct 13): Daiwa Capital Markets is maintaining its “sell” call of instant coffee manufacturer Super Group with 65 cents target price on doubts of a recovery and lack of earnings visibility.
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