Restaurants

SINGAPORE (Jan 4): Maybank Kim Eng is maintaining its “buy” call on Jumbo Group with a target price of 70 cents, implying 26 times FY18 earnings, which is on par with its regional peers.

SINGAPORE (Sept 27): Phillip Capital is initiating coverage of Dairy Farm International at “buy” with a target price of US$9.89 ($13.41), given the Pan-Asian retailer is a proxy to the North Asian consumer boom.

SINGAPORE (June 13): OCBC Investment is maintaining its “neutral” rating on Singapore’s consumer sector given a lack of broad-based improvement for the retail scene, as well as the continued expansion and growth of e-commerce players.

SINGAPORE (March 1): Singapore’s stock traders lost their lunch break weeks after Osvaldo Forlino opened a restaurant in the heart of the city’s business district in 2011. As Forlino readies a new cafe, he’s looking forward to welcoming the deale

SINGAPORE (Feb 24): ABR Holdings, the company behind Swensen’s ice cream and Tip Top curry puffs is branching out into catering to seek growth.

SINGAPORE (Nov 17): RHB is maintaining its “buy” rating on BreadTalk Group with a target price of $1.45, while expressing confidence in the group’s ability to venture into the UK market with the Din Tai Fung chain of restaurants.

SINGAPORE (Nov 17): BreadTalk Group says its wholly-owned indirect subsidiary Taster Food UK (TFUK) has entered into an agreement with Fairy Rise Development, the franchise owner of the Din Tai Fung brand of restaurants, for the franchise right to operate

SINGAPORE (Sept 30): Singapore has the most unhappy workforce in the region, according to a survey by JobStreet.com.