Latest news with #ColdStorage
Yahoo
18-07-2025
- Business
- Yahoo
Cold Storage - Global Strategic Business Report
The Cold Storage market is poised for significant growth due to increased demand for temperature-controlled logistics in food and pharmaceuticals. Opportunities lie in expanding private and public warehouses, leveraging tech advancements for efficiency, and capitalizing on e-commerce trends. Strong growth is expected in China and the U.S. Cold Storage Market Dublin, July 18, 2025 (GLOBE NEWSWIRE) -- The "Cold Storage - Global Strategic Business Report" has been added to offering. The global market for Cold Storage was estimated at US$175.4 Billion in 2024 and is projected to reach US$349.0 Billion by 2030, growing at a CAGR of 12.2% from 2024 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions. The report includes the most recent global tariff developments and how they impact the Cold Storage market. Global Cold Storage Market - Key Trends and Drivers SummarizedWhy Is Cold Storage Essential in Modern Supply Chains?Cold storage is a critical component of modern supply chains, especially for industries that deal with perishable goods such as food, pharmaceuticals, and certain chemicals. Cold storage refers to refrigerated or temperature-controlled facilities designed to preserve products that require specific temperature ranges to maintain their quality and extend their shelf life. Without cold storage, the global food supply chain would struggle to deliver fresh produce, dairy, meat, seafood, and frozen items to consumers without spoilage. Similarly, the pharmaceutical industry depends on cold storage to store and transport temperature-sensitive medicines, vaccines, and biologics. By maintaining the appropriate environmental conditions - typically ranging from just above freezing to sub-zero temperatures - cold storage facilities prevent spoilage, decay, and contamination, ensuring that products remain safe and effective from the point of production to the point of sale or use. As the demand for fresh food, health products, and temperature-sensitive goods continues to rise, cold storage solutions have become more sophisticated and widespread, making them indispensable for various Does Cold Storage Improve Product Quality and Safety?Cold storage plays a crucial role in preserving the quality, freshness, and safety of perishable products. For the food industry, it slows down the biological processes that cause food spoilage, such as enzymatic reactions, microbial growth, and oxidation. For instance, fruits and vegetables stored in cold environments experience slower ripening and nutrient degradation, while meat and seafood are kept from developing harmful bacteria that thrive in warmer conditions. By maintaining controlled temperatures, cold storage helps extend the shelf life of these products, ensuring they retain their nutritional value, texture, and taste. This reduces food waste and allows products to be transported over longer distances, supporting global trade in perishable goods. In the pharmaceutical sector, cold storage is essential for preserving the potency and efficacy of temperature-sensitive drugs and vaccines. Many medications, particularly biologics and vaccines, must be stored within a specific temperature range, often between 2C and 8C, to remain effective. If exposed to higher temperatures, these products can degrade, lose potency, or even become harmful. Cold storage facilities, including specialized freezers for ultra-low temperatures (as low as -70C for certain vaccines), ensure that these life-saving products remain stable from the point of manufacture to their final destination, whether that's a pharmacy, hospital, or distribution Are the Key Applications of Cold Storage Across Different Industries?Cold storage is utilized across a variety of industries, each with specific requirements for temperature control and storage conditions. In the food and beverage industry, cold storage is fundamental for preserving raw and processed foods, including dairy, fruits, vegetables, meats, seafood, and beverages like juices and wines. Warehouses with cold storage capabilities allow supermarkets, restaurants, and food distributors to stock large quantities of perishable goods while ensuring they remain fresh. Cold storage also enables the food industry to comply with regulatory standards for food safety, such as the Hazard Analysis Critical Control Point (HACCP) system, which mandates strict temperature controls to prevent contamination and spoilage. In the pharmaceutical and healthcare industries, cold storage is vital for storing vaccines, blood products, biologics, and other temperature-sensitive medications. Hospitals, clinics, and pharmacies rely on cold storage to maintain the integrity of critical medical supplies, while pharmaceutical companies use it to store bulk products before distribution. The life sciences sector also uses cold storage for research materials, such as DNA samples and enzymes, which must be kept at specific temperatures to remain stable for experimentation and development. Cold storage is also used in the chemical industry for materials that are volatile or reactive at higher temperatures. Certain chemicals and industrial products, such as adhesives, coatings, and fertilizers, require cold environments to prevent spoilage, unwanted reactions, or safety hazards. Additionally, in the floral industry, cold storage helps preserve flowers and plants, extending their freshness and marketability in retail stores or for Are the Key Growth Drivers in the Cold Storage Industry?The growth in the cold storage industry is driven by several key factors, including the rise in global trade of perishable goods, increasing consumer demand for fresh and frozen food products, and the expansion of the pharmaceutical industry. One of the main drivers is the growing consumption of temperature-sensitive food items, such as fresh produce, dairy, seafood, and meat, which requires robust cold chain infrastructure to maintain quality and safety throughout the supply chain. As consumers become more health-conscious and demand fresher, less processed food, there is a corresponding need for expanded cold storage facilities to store and distribute these products. Additionally, the rise of e-commerce and online grocery shopping has increased the demand for cold storage space, as companies need to fulfill direct-to-consumer orders for perishable goods while ensuring timely delivery without compromising product quality. Another major factor driving growth in the cold storage industry is the increasing reliance on temperature-sensitive pharmaceuticals and vaccines. As the pharmaceutical industry continues to grow and develop more biologic therapies, which are often highly sensitive to temperature changes, there will be a sustained demand for specialized cold storage solutions. Technological advancements are also playing a significant role in the cold storage industry's growth. Innovations in refrigeration, energy efficiency, and automated warehouse systems have improved the performance and sustainability of cold storage facilities, making them more cost-effective and environmentally friendly. Smart technologies, including IoT sensors and remote monitoring, allow for precise temperature control and real-time tracking of cold storage environments, reducing the risk of spoilage and ensuring compliance with strict regulatory standards. Lastly, the expansion of global supply chains and the increased demand for international trade in perishable goods are driving the need for more cold storage capacity worldwide. Emerging markets, particularly in Asia and Latin America, are seeing growing demand for cold storage infrastructure as they import more fresh and frozen goods. This global expansion, coupled with the rise of more stringent food safety regulations, is creating new opportunities for growth and investment in the cold storage sector. As industries and consumers continue to prioritize fresh, high-quality, and safe products, the cold storage industry is expected to play an increasingly crucial role in supporting these evolving OF STUDY:The report analyzes the Cold Storage market in terms of units by the following Segments, and Geographic Regions/Countries: Segments: Warehouse Type (Private Warehouse, Public Warehouse); Temperature Type (Frozen Storage, Chilled Storage); Storage Type (Storage Facilities / Services, Storage Equipment); Application (Food & Beverages Application, Pharmaceuticals Application, Other Applications) Geographic Regions/Countries: World; USA; Canada; Japan; China; Europe; France; Germany; Italy; UK; Spain; Russia; Rest of Europe; Asia-Pacific; Australia; India; South Korea; Rest of Asia-Pacific; Latin America; Argentina; Brazil; Mexico; Rest of Latin America; Middle East; Iran; Israel; Saudi Arabia; UAE; Rest of Middle East; Africa. Key Insights: Market Growth: Understand the significant growth trajectory of the Private Warehouse segment, which is expected to reach US$201.4 Billion by 2030 with a CAGR of a 10.7%. The Public Warehouse segment is also set to grow at 14.4% CAGR over the analysis period. Regional Analysis: Gain insights into the U.S. market, valued at $47.4 Billion in 2024, and China, forecasted to grow at an impressive 16.2% CAGR to reach $75.1 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific. Why You Should Buy This Report: Detailed Market Analysis: Access a thorough analysis of the Global Cold Storage Market, covering all major geographic regions and market segments. Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies. Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Cold Storage Market. Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions. Key Questions Answered: How is the Global Cold Storage Market expected to evolve by 2030? What are the main drivers and restraints affecting the market? Which market segments will grow the most over the forecast period? How will market shares for different regions and segments change by 2030? Who are the leading players in the market, and what are their prospects? Report Features: Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2024 to 2030. In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa. Company Profiles: Coverage of players such as American Thermal System, Inc., Americold, Burris Logistics, Darwin Chambers Company, FCL Builders, LLC and more. Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments. Some of the 42 companies featured in this Cold Storage market report include: American Thermal System, Inc. Americold Burris Logistics Darwin Chambers Company FCL Builders, LLC John Swire & Sons Ltd. Kloosterboer KPS Global Lineage, Inc. Nichirei Corporation This edition integrates the latest global trade and economic shifts as of June 2025 into comprehensive market analysis. Key updates include: Tariff and Trade Impact: Insights into global tariff negotiations across 180+ countries, with analysis of supply chain turbulence, sourcing disruptions, and geographic realignment. Special focus on 2025 as a pivotal year for trade tensions, including updated perspectives on the Trump-era tariffs. Adjusted Forecasts and Analytics: Revised global and regional market forecasts through 2030, incorporating tariff effects, economic uncertainty, and structural changes in globalization. Includes segmentation by product, technology, type, material, distribution channel, application, and end-use, with historical analysis since 2015. Strategic Market Dynamics: Evaluation of revised market prospects, regional outlooks, and key economic indicators such as population and urbanization trends. Innovation & Technology Trends: Latest developments in product and process innovation, emerging technologies, and key industry drivers shaping the competitive landscape. Competitive Intelligence: Updated global market share estimates for 2025, competitive positioning of major players (Strong/Active/Niche/Trivial), and refined focus on leading global brands and core players. Expert Insight & Commentary: Strategic analysis from economists, trade experts, and domain specialists to contextualize market shifts and identify emerging opportunities. Complimentary Update: Buyers receive a free July 2025 update with finalized tariff impacts, new trade agreement effects, revised projections, and expanded country-level coverage. Key Attributes: Report Attribute Details No. of Pages 462 Forecast Period 2024 - 2030 Estimated Market Value (USD) in 2024 $175.4 Billion Forecasted Market Value (USD) by 2030 $349 Billion Compound Annual Growth Rate 12.2% Regions Covered Global Key Topics Covered: MARKET OVERVIEW Influencer Market Insights Cold Storage - Global Key Competitors Percentage Market Share in 2025 (E) Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2025 (E) MARKET TRENDS & DRIVERS Rising Demand for Perishable Goods Propels Growth in Cold Storage Solutions Increasing Focus on Food Safety Expands Addressable Market Opportunity for Cold Storage Growth of E-commerce Drives Adoption of Cold Storage in the Grocery and Food Delivery Sectors Technological Innovations in Energy-Efficient Refrigeration Systems Strengthen the Business Case for Cold Storage Facilities Rising Demand for Temperature-Controlled Pharmaceuticals Spurs Growth in Cold Storage Requirements Growing Demand for Frozen and Processed Foods Generates Opportunities for Cold Storage Providers Increasing Investments in Automated Cold Storage Solutions Propel Market Expansion Rising Adoption of Cold Storage in the Agriculture Sector Drives Market Growth Surging Demand for Vaccines and Biologics Generates New Growth Opportunities in Cold Storage for Healthcare Advancements in IoT and Remote Monitoring Technologies Propel the Cold Storage Market toward Greater Efficiency COMPETITION FOCUS ON SELECT PLAYERS A selection of companies mentioned in this report includes, but is not limited to: American Thermal System, Inc. Americold Burris Logistics Darwin Chambers Company FCL Builders, LLC John Swire & Sons Ltd. Kloosterboer KPS Global Lineage, Inc. Nichirei Corporation For more information about this report visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. Attachment Cold Storage Market CONTACT: CONTACT: Laura Wood,Senior Press Manager press@ For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900
Straits Times
14-07-2025
- Straits Times
Straits Times New Year babies: Famous for a day, memories for a lifetime
Mr Daniel Cheong and his mother, Madam Lee Lay Choo, with a framed clipping of the ST report on his birth. He was the first baby born in Singapore in 1972. Of the few certainties in life, Mr Daniel Cheong is confident of this one fact: If you were born in Singapore in 1972, his birth year, he is older than you. After all, the optometrist has seen proof of this every day for the last 53 years in a framed clipping of The Straits Times in his home. Headlined 'Mr. 1972 is a five-pounder', the front-page story describes the infant Mr Cheong as a 'red-faced curly-haired bundle of sleepiness' and a 'little VIP'. 'It's definitely a special memory, even if I don't actually remember anything, of course,' he says. He does remember, though, his first birthday present – a life-sized teddy bear courtesy of Cold Storage to mark his Jan 1 birth. The youngest of six siblings adds: 'No one else in my family has been featured in the newspapers besides me, so that's quite special, too.' Mr Cheong's birth at Kandang Kerbau Hospital was also a notable occasion for The Straits Times as it was the first time it featured a New Year's Day baby on its pages. Top stories Swipe. Select. Stay informed. Singapore HSA intensifies crackdown on vapes; young suspected Kpod peddlers nabbed in Bishan, Yishun Singapore Man charged over distributing nearly 3 tonnes of vapes in one day in Bishan, Ubi Avenue 3 Singapore Public healthcare institutions to record all Kpod cases, confiscate vapes: MOH, HSA Singapore Man allegedly attacks woman with knife at Kallang Wave Mall, to be charged with attempted murder Singapore Singapore boosts support for Timor-Leste as it prepares to join Asean Singapore UN aviation and maritime agencies pledge to collaborate to boost safety, tackle challenges Singapore High Court dismisses appeal of drink driver who killed one after treating Tampines road like racetrack Singapore 18 years' jail for woman who hacked adoptive father to death after tussle over Sengkang flat The year 1972 was the first time ST featured a New Year's Day baby on its pages. The practice continues to this day. PHOTO: ST FILE The practice continues to this day, serving as a reminder that journalism marks not just history but also the milestones of everyday lives. That brief moment in the spotlight may not have changed his life, but Mr Cheong says it is certainly part of his identity. 'When I meet someone born in 1972, I'll joke with them that no matter when their birthday is, I'm their senior. Some don't believe me until I explain why I'm so sure.' He was one of several readers who responded to a print and online campaign that ran in January and February 2025 to find the New Year babies the paper had featured. Being No. 1 is no easy feat. The chances of being born at 12.01am on Jan 1 are one in 525,600 (the number of minutes in a year). So spare a thought for Mr Tan Jean Long, who was born four minutes past midnight on Jan 1, 1996. The Kandang Kerbau Hospital staff told his mother, Mrs Rosalind Tan, that there was a strong chance her newborn would be Singapore's first baby that year and to expect media coverage. She even had her make-up done after giving birth to prepare for the interview. But it was not to be. It turned out Mr Tan was pipped by seconds by another baby boy, Loh Zhenxin, who was born in the same hospital at 12.03am. Twenty-nine years has been sufficient time for Mr Tan, who also came forward to share his story after hearing about The Straits Times' campaign, to get over that photo finish. 'If only my head was a bit smaller, I might have come out faster and won,' laughs the human resources executive in a financial services company. 'It's still a nice story and a fun fact I share when meeting people for the first time and they ask me to tell them something about myself.' There is a rich history behind celebrating New Year babies. It dates back to Ancient Greece, where people marked the yearly rebirth of Dionysus, the god of wine and fertility, by parading around with a baby in a basket. Some notable people born on Jan 1 include J. Edgar Hoover (1895), the first director of the Federal Bureau of Investigation in the United States; French politician and current president of the European Central Bank Christine Lagarde (1956); and Singaporean Chew Shou Zi (1983), chief executive of TikTok. In 1999, a six-part British TV series, Birthrace 2000, followed 10 British couples competing to have the first baby of the new millennium. Over in the US, a San Francisco company marketed 'millennium conception kits' – complete with ovulation and pregnancy tests, candles and massage oils – while experts weighed in on the best time to conceive, pegging it between mid-March and late April 1999. The feel-good vibes of stories about New Year babies drew readers and boosted street sales, says Mr Sunny Wee, 76, an editor at New Nation and The Straits Times from the 1970s to 1990s, who had a hand in shaping many of these stories. 'Family and friends would buy copies of that edition as a keepsake,' he says. 'It was a happy story that we could also use on the front page.' For Dunman High School student Zoe Wong, a framed copy of the story of her birth, photographed with her beaming parents, Sam and Melissa, and older sister Chloe, is a happy reminder of that special morning on Jan 1, 2010. The family received gifts from Thomson Medical Centre where she was born, including a stroller, playpen and hampers. Zoe Wong was born at the stroke of midnight on Jan 1, 2010, while her family was watching a live broadcast of the New Year's Day countdown in the delivery suite. PHOTO: ST FILE Like other Jan 1 babies in Singapore, Zoe was given the option to start Primary 1 a year earlier than her birth-year peers. When she entered Ngee Ann Primary School in 2016, she had just turned six, while her classmates would all turn seven that year. That sense of being just slightly out of place has not gone away. She gives the example of how her classmates got their NRIC in 2024, but since she was not turning 15 that year – the age one attains the pink card – she wasn't eligible. 'I was very Fomo (fear of missing out).' Being born on Jan 1 has brought some peculiar benefits for software developer Kenny Siow, 29. He was always placed at the front of the queue whenever his class was sorted by birthdays. He has never had to change the default Jan 1 placeholder date when signing up online for a new membership or account. But it's not all upside. While the whole world counts down to Jan 1, New Year babies can sometimes be forgotten. Mr Siow says: 'Most people will wish you happy new year first. Maybe only your closest friends will remember. Also, it's tough to find people to celebrate with as they usually have made plans since it's Jan 1 and a public holiday.' Nevertheless, there are positives, says Mr Cheong. 'People are usually in a good mood on the day. Everyone looks forward to a fresh start.' There was another positive for his mother, Madam Lee Lay Choo, 87. When she learnt that The Straits Times was interviewing her and her son for this story, she made sure she had enough time to do her hair. 'She didn't really like that 1972 photo of herself in the hospital,' Mr Cheong says with a laugh. 'She's very happy she finally got a chance to take a better picture this time.' Some of the Straits Times New Year babies over the years. PHOTOS: ST FILE
AsiaOne
29-06-2025
- Business
- AsiaOne
Online groceries in Singapore: Which supermarket has the cheapest delivery fees?, Money News
One of my favourite things to do when I'm overseas is visit the supermarket for cheap local snacks and discounted bentos if you're in Japan. But in Singapore, who has time to go supermarket shopping when we're so busy with work and other commitments? That's why shopping for groceries online is one of the easiest and most convenient ways because you can search for items easily, check for deals and discounts and even have your cart saved for the next time you need to replenish certain items. But, the catch is that many of these come with pretty high minimum orders to qualify for free delivery. So if you forget an item, you can't just order it online and have it delivered to you for cheap. We compare the online groceries in Singapore and find out which supermarket has the best delivery fees. Online supermarkets in Singapore delivery fees Delivery fees Min. spend for free delivery RedMart $1.99 (6-hour slots) OR $3.99 (2-hour slots) $60 NTUC FairPrice $5 (orders below $59) + $3.99 service fee $59 (service fee still applies) Cold Storage $7 $80 Sheng Siong $6 $100 Giant $7 $59 Amazon Fresh $5.99 $60 (requires Prime membership at $2.99/month) Cheapest grocery delivery: RedMart ($1.99 for 6-hour timeslot) Lowest min. spend for free delivery: Cold Storage or Giant ($59) Most expensive grocery delivery: NTUC FairPrice Online ($3.99 to $8.99) Still on the fence? Read more for our take on the different online grocers. Plus, scroll to the end for bonus tips on getting a timeslot + recommended credit cards for grocery shopping! RedMart (via Lazada) RedMart Delivery fee Orders below $60 (6-hour timeslot) $1.99 Orders below $150 (2-hour timeslot) $3.99 Express delivery $5.99 RedMart was one of the first to make a name for itself in the online grocery delivery scene in Singapore even before the regulars, NTUC FairPrice and Cold Storage. It became popular for offering many items at cheaper rates that what we'd fine in the usual supermarkets we went to, as well as a variety of items that you can find overseas such as products from Aussie supermarkets Woolworths and Coles and England's Sainsbury's. You can get free delivery if you spend at least $60, which shouldn't be too difficult if you have many people in the family or large household items to buy. Or just top it up with extra snacks like I do. Otherwise, delivery fees depend on whether you opt for Standard (two-hour time slots) or Saver (six-hour time slots), or Express (two-hour time slots, same day delivery). The main difference between a Standard two-hour delivery is you can choose a two-hour time slot between 7am to 11pm, while for Saver six-hour delivery, you choose between two six-hour time slots: 8am to 2pm, or 2pm to 8pm. Most of the time, it's easier to just opt for a six-hour time slot if you're unable to hit the $15 minimum order but if you do, two-hour is best for you. NTUC Fairprice Online NTUC FairPrice Online Delivery fee Orders below $59 $5 + $3.99 service fee = $8.99 Orders $59 and up Delivery charge waived + $3.99 service fee If you're a loyal NTUC FairPrice shopper, good news, as you can now shop online from your favourite neighbourhood supermarket without having to leave your home. Iirc, the minimum order for free delivery used to be really high but you now just need to hit $59 and above to qualify for free delivery. BUT, there's still a $3.99 service fee on all online orders, even if your items in the cart add up to $59 and above. That makes our beloved NTUC one of the most expensive online supermarkets to order from. That's a shame because NTUC FairPrice's grocery prices are known to be quite competitive. Additionally, the website says that you may be charged extra depending on the delivery slot you pick during peak periods. I have no idea how much that could be but if you want to avoid the charges, it's best to choose a non-peak period, probably a weekday afternoon. Cold Storage Online Cold Storage Online Delivery fee Orders below $80 $7 Orders $80 and up Free Cold Storage Online has one of the simplest delivery fee pricing structures: It's $7 for orders below $80; anything more and it's free. There are also no hidden charges, which is nice. That said, it's known that Cold Storage tends to charge higher prices for certain products. Cost will be a key consideration, but some people continue to shop at Cold Storage because they sell certain premium products you might not find at your regular NTUC FairPrice. Cold Storage also has a nifty system that lets you 'chope' a delivery slot when you start browsing. Once you reach the site, you'll be prompted to pick a time slot based on your postal code. After choosing a slot, it will be reserved for 30 minutes. You must check out before then or else it'll be released to others in the queue. Sheng Siong Online Sheng Siong Delivery fee Orders below $100 $6 Orders $100 and up Free Sheng Siong has also established its online grocery delivery presence offering free delivery for orders $100 and above. Anything below that will cost you a $6 delivery charge. Now $100 is a lot and considering that Sheng Siong is one of Singapore's cheapest supermarkets out there, you would have to buy quite a lot of items to hit that minimum order. For those who go to Sheng Siong, it may be more worth it to head to the physical supermarket if there's one near your house or really wait until you consolidate orders to get free delivery. Another problem is that the site is a bit less search-friendly than most of the others, with products sometimes not appearing if your search term isn't exactly what they're looking for. Giant Online Giant Online Delivery fee Orders below $59 $7 Orders $59 and up Free Like Sheng Siong, fellow budget supermarket chain Giant also has an online store. Price-wise, Giant is one of the cheapest in town - especially if you buy the house brand items. It doesn't make sense to do your budget grocery shopping on Giant only to be slapped with a $7 delivery fee, so it's better if you can consolidate $59 worth of purchases to get free delivery. Like Cold Storage Online (which is part of the same Dairy Farm Group), Giant's online supermarket allows you to reserve a timeslot for 30 minutes while you shop. Amazon Fresh Amazon Fresh Fees Prime membership fee $2.99/month Orders under $60 $7.99 (2-hour delivery) OR $12.49 (1-hour delivery) Orders over $60 Free (2-hour same day delivery) OR $9.99 (1-hour delivery) Amazon Fresh is the name of Amazon's grocery delivery service in Singapore. It was formerly known as Amazon Prime Now but guess it's been changed because they don't want you to confuse it with the video streaming platform. It's more worth it if you sign up as an Amazon Prime member which costs $2.99 a month. But why would you unless you're also using other Amazon services as well such as video streaming? For those who aren't Amazon Prime members, you can still of course order from Amazon Fresh but you'd have to hit $100 and above to get free delivery within a two-hour time slot. Otherwise, for orders above $60, delivery fee is $4.99 and below $60, it's $8.99. It's not the most user-friendly online supermarket around, but it has one key benefit - you may be able to choose same day delivery depending on your address. To qualify for free, fast delivery with Amazon Fresh, though, you need to (a) hit a minimum spend of $60, and (b) be an Amazon Prime member at $2.99/month. If you're thinking "hell no" to that, then check out the other options for on-demand grocery delivery right here. Bonus tips for a successful online groceries experience We too want to find out the cheapest way to get our groceries delivered without forking out any more than we'd have to so we did some digging. Here are some pro tips for you: 1. Use Pandamart, GrabMart or Deliveroo for small orders Most online supermarkets require a minimum spend of about $60 or more to get free delivery. If you can't hit that amount, then try using one of these food delivery apps instead. Foodpanda, GrabFood and Deliveroo all deliver from minimarts and supermarkets on demand, and the minimum order is usually quite small. Orders typically arrive in less than an hour, too, so no need to shell out extra cash for Amazon Prime membership. 2. Check out with a good cashback credit card There are many credit cards that give you cash back and rebates for online spending or grocery shopping (online shopping included). Here are our favourites: Before you hit "check out", make sure you're paying with one of these credit cards and you'll get extra discounts in the form of cash rebates on your bill. [[nid:718264]] This article was first published in MoneySmart .
New Indian Express
13-06-2025
- Business
- New Indian Express
Turmeric ryots in Duggirala to get fire relief by June-end
GUNTUR: The State government will ensure compensation is disbursed to turmeric farmers affected by the Shubham Maheshwari Cold Storage fire in Duggirala by the end of June, said Minister for Agriculture K Atchannaidu and Union Minister Pemmasani Chandrasekhar. During a review at the Agriculture Commissioner's Office in Guntur district on Thursday, the ministers met officials, insurance representatives, and cold storage management. Guntur District Collector S Nagalakshmi and Agriculture Commissioner (in-charge) Suresh Kumar were also present. Minister Atchannaidu said New India Assurance had prioritised claims and all required documents were submitted. He assured that compensation approval is expected within a week. The cold storage management has been directed to arrange Rs 7,000 per quintal for the 294 affected farmers, as agreed on July 10, 2024. Marketing officials were told to prepare compensation slips, with disbursal to begin once insurance funds are credited to the HDFC-linked account. Pemmasani Chandrasekhar said the government submitted 46 documents and held 200 meetings with the insurer to ensure justice.
Yahoo
12-06-2025
- Business
- Yahoo
5 Singapore Stocks at 52-Week Highs: Sell, Hold or Buy More?
You must admit it's a happy problem to have when your stock hits a 52-week high. The surge in the share price may signal that the business is improving and reporting higher profits, free cash flow, and dividends. But what should you do now? Is it better to sell the stock and to another, hold it for more upside, or to buy even more if the business continues to grow? This decision will depend on the attractiveness of the company and whether it has the potential to continue doing well in the long term. We highlight five Singapore stocks that recently hit their 52-week highs, and you can decide if you should buy more, hold, or sell them. DFI Retail Group is a pan-Asian retailer operating around 7,700 outlets and employing over 85,000 people as of 31 May 2025. The retailer's share price has shot up almost 20% year-to-date (YTD) and recently hit its 52-week high of US$2.84. DFI Retail Group released its interim management statement for the first quarter of 2025 (1Q 2025). For 1Q 2025, underlying subsidiary sales were 1% lower year on year, but underlying profit shot up 28% year on year once divestments are excluded. The group is evolving its portfolio to focus more on high-growth, high-margin businesses. To this end, it announced the sale of its Singapore Cold Storage and Giant stores back in March 2025 for S$125 million. In February, DFI Retail also completed the sale of its stake in Yonghui Superstores, netting proceeds which were used to pay down US$617 million of debt. Because of this, the retailer ended the quarter in a net cash position of US$127 million. Boustead Singapore, or BSL, is a conglomerate with four divisions – energy engineering, real estate, geospatial technology, and healthcare. Boustead's share price has risen 21.4% YTD to hit its 52-week high of S$1.25. The conglomerate reported a mixed set of earnings for its fiscal 2025 (FY2025) ending 31 March 2025. Revenue plunged 31% year on year to S$527.1 million as the group carried a much lower order book at the end of FY2024. However, gross profit improved by 3% year on year to S$233.3 million because of effective cost control. Net profit after adjusting for one-off items rose 8% year on year to S$68.6 million. In light of the improved profit, BSL declared a final dividend of S$0.04 and a special dividend of S$0.02, taking its FY2025 total dividend to S$0.075. VICOM is a leading test and inspection centre for vehicles, and the group also performs non-vehicle testing in areas such as biochemical, mechanical, and non-destructive testing. VICOM's share price has climbed steadily in recent months to hit its 52-week high of S$1.46, and is up nearly 10% YTD. The test and inspection firm reported a commendable set of earnings for 1Q 2025. Revenue jumped 19% year on year to S$33.3 million, aided by the installation of on-board units (OBUs) for the electronic road pricing 2.0. A total of 53,000 OBUs were installed in 1Q 2025 compared with 35,000 in the previous corresponding quarter. Operating profit increased by 8.7% year on year to S$9 million while net profit improved by 7.5% year on year to S$7.5 million. VICOM also churned out a positive free cash flow of S$4.5 million for the quarter. Sabana REIT owns a diversified portfolio of 18 properties in Singapore with total assets under management of around S$1 billion as of 31 December 2024. The industrial REIT's unit price shot up 11.1% YTD and hit its 52-week high of S$0.41 recently. The REIT reported a sturdy set of results for 1Q 2025 with gross revenue rising 4.6% year on year to S$29.1 million. The better results were because of higher occupancy at a multi-tenanted building, coupled with positive rental reversions across the portfolio. Net property income climbed 22% year on year to S$16 million, and distributable income per unit surged 26.5% year on year to S$0.0086. Occupancy improved slightly quarter-on-quarter to 86.4%, and the REIT continued to log a strong positive rental reversion of 15.3% for 1Q 2025. Hongkong Land Holdings, or HKL, is a property development, management, and investment group. The group's real estate footprint spans more than 830,000 square metres of property in Hong Kong, Singapore, and Shanghai. HKL's share price has risen almost 25% YTD to hit its 52-week high of US$5.54. Back in October 2024, the property group announced a strategic review to unlock value for shareholders and double its dividend by 2035. For its 1Q 2025 business update, management announced the sale of office floors and selected office space of One Exchange Square in Hong Kong for around US$810 million. This transaction means that the group has secured 30% of its target to recycle at least US$4 billion of capital by the end of 2027. In the longer term, HKL aims to recycle up to US$10 billion of capital over 10 years. The group's underlying profit for 1Q 2025 remained flat year on year and had net gearing of 16% with committed liquidity of US$3.2 billion. For Singapore, rental reversions were positive and on a committed basis, vacancy remained very low at just 0.8%. Ready to discover the next $100 billion stock? Our newest FREE report dives deep into five popular SGX companies that many say are the next big thing. Read our team's findings to guide your investment strategy. Click the link here to download now. Follow us on Facebook, Instagram and Telegram for the latest investing news and analyses! Disclosure: Royston Yang owns shares of VICOM and Boustead Singapore. The post 5 Singapore Stocks at 52-Week Highs: Sell, Hold or Buy More? appeared first on The Smart Investor. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
