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Sin Tian Yuan Investment Pte ANNUAL REPORT 2019 R A S . O R G . S G CONTENTS 03 PRESIDENT'S MESSAGE 04 VISION & MISSION 05 19TH TERM MANAGEMENT COMMITTEE 07 MEMBERSHIP 08 PROGRAMMES 10 EVENTS 24 MINUTES OF 38TH ANNUAL GENERAL MEETING 31 RAS MEMBERS LISTING 42 FINANCIAL STATEMENTS R E S T A U R A N T A S S O C I A T I O N O F S I N G A P O R E P A G E 2 PRESIDENT'S MESSAGE Dear members, Earlier in the year, RAS established an ASEAN Restaurant We look back at 2019 with satisfaction as we have fostered Alliance in 2019, together with associations from 5 other many great partnerships throughout the year. Henry Ford has ASEAN countries: Cambodia, Indonesia, Malaysia, the once said, “If everyone is moving forward together, then Philippines, and Vietnam. This Alliance aims to help local F&B success takes care of itself.” players have a deeper understanding of the ASEAN markets and assist our members in expanding into these countries. We believed in the potential of our collaborations and in March, we successfully produced our very first trade show, We hope to continue strengthening our relations with all our Restaurant Asia, together with Conference & Exhibition partners and are looking forward to forming new partnerships Management Services (CEMS). The event featured both an and introducing new collaborations. exhibition area and a symposium that was held over 3 days. On behalf of the management committee, we would like to Our industry is constantly tasked to digitalise, however thank our advisor, Senior Minister of State, Ms Sim Ann for her interoperability across different digital solutions poses as a support and our partners, government agencies, media and major challenge to many companies. Together with associates for their ongoing assistance and support. Enterprise Singapore (ESG), we challenged technology providers and even student groups to come up with While the start of 2020 has already been paved with many innovation solutions in our very first F&B Tech Reboot. challenges and difficulties, rest assured the association will continue to speak on behalf of the F&B industry and work As part of the nation’s effort to revitalise the shopping festival, with respective government agencies to provide on-ground Great Singapore Sale, we participated in the development of feedback and suggestions. With our collective voice and the now rebranded shopping festival, GSS: Experience fortitude, we are confident that our industry will overcome the Singapore. This was a milestone event as it was the first time 6 present adversity. trade associations came together to collaborate. Beyond cultivating local partnerships, we also strengthened our relationship with our partners in Vietnam. In May, we With gratitude, worked closely with Restaurant Association of Vietnam and planned a business mission to Ho Chi Minh and Hanoi. We also organised a reverse mission in September, where we facilitated business matching opportunities between our members and potential partners in Ho Chi Minh and Hanoi. Vincent Tan R E S T A U R A N T A S S O C I A T I O N O F S I N G A P O R E P A G E 3 OUR VISION To be the APEX body representing the Food and Beverage Industry, providing members with trusted resources for continued business growth. OUR MISSION To be the go-to knowledge hub for smart and relevant intelligence within the F&B industry To promote industry development by sharing best practices and improving the competitiveness of our members’ businesses To be a respected voice of action for the Singapore’s F&B industry by acting as a bridge between businesses and government R E S T A U R A N T A S S O C I A T I O N O F S I N G A P O R E P A G E 4 ADVISOR AND 19TH TERM MANAGEMENT COMMITTEE ADVISOR Ms Sim Ann Senior Minister of State, Ministry of Communications and Information & Ministry of Culture, Community and Youth PRESIDENT PRESIDENT ADIVSOR Vincent Tan Andrew Tjioe Select Group TungLok Group VICE-PRESIDENT VICE-PRESIDENT Andrew Kwan Keith Chua Commonwealth Capital ABR Holdings HONORARY HONORARY SECRETARY TREASURER Andrew Chan Janice Lee The Soup Spoon Sushi Tei ASST ASST HONORARY HONORARY SECRETARY TREASURER Wei Chan Frank Lau Pine Garden's Cake Gratify Group R E S T A U R A N T A S S O C I A T I O N O F S I N G A P O R E P A G E 5 ADVISOR AND 19TH TERM MANAGEMENT COMMITTEE EXCO MEMBER EXCO MEMBER Ang Kiam Meng Alan Goh JUMBO Group of Katrina Holdings Restaurants COMMITTEE MEMBER COMMITTEE MEMBER Andrew Ing Andrew Lee The Lo & Behold Group Zingrill Holdings COMMITTEE MEMBER COMMITTEE MEMBER Bonnie Wong David Yim Creative Eateries Group Udders COMMITTEE MEMBER COMMITTEE MEMBER Edward Chia Han Jin Juan Timbre Group Palm Beach Seafood Restaurant CO-OPT COMMITTEE CO-OPT COMMITTEE MEMBER MEMBER Dellen Soh Dickson Low Minor Food Singapore Revenue Valley CO-OPT COMMITTEE MEMBER Justin Chou Greendot R E S T A U R A N T A S S O C I A T I O N O F S I N G A P O R E P A G E 6 MEMBERSHIP As the largest F&B association in Singapore, RAS is the complete representation of the industry with members spanning across multiple sub- sectors and related trades. RAS currently has a membership of more than 470 members, representing 700 brands that operate approximately 3,600 outlets. RAS membership has a net increase of 10% in 2019 as compared to 2018. R E S T A U R A N T A S S O C I A T I O N O F S I N G A P O R E P A G E 7 MENTORSHIP PROGRAMME This unique 6-month programme allows new F&B restaurateurs to learn from a team of esteemed industry veterans. Mentors will guide their mentees through individual sessions and provide invaluable advice and insights. The programme seeks to strengthen the ever-growing F&B community and aims to bring business success to more local companies. Phase 4 (2019) : 9 Mentees Matched with 7 Mentors R E S T A U R A N T A S S O C I A T I O N O F S I N G A P O R E P A G E 8 GLOBAL READY TALENT PROGRAMME Enterprise Singapore’s Global Ready Talent Programme (GRTP) aims to build a pipeline of talent to support Singapore enterprises with 35 their overseas expansion by exposing young Singaporeans to gain overseas experience. companies Enterprise Singapore and Singapore enterprises or Institutes of Higher Learnings will co-fund travel and subsistence allowance for students 146 on overseas internships. students On top of this, Enterprise Singapore will provide funding support of up to 70% for qualifying costs such as monthly stipend of students on internships, or expenditure in sending these individuals overseas. 5S 5S is a structured programme designed to systematically achieve organisational cleanliness and standardisation in a workplace. RAS is the main training provider for 5S in the Food & Beverage (F&B) industry. To date, over 100 restaurant outlets and manufacturers are 5S certified, including JUMBO Group of restaurants, Palm Beach Seafood Restaurant, PUTIEN Restaurant, JP Pepperdine, Pine Garden’s Cake, TungLok Group, Sushi Tei and Muthu's Curry among others. R E S T A U R A N T A S S O C I A T I O N O F S I N G A P O R E P A G E 9 RAS EPICUREAN STAR AWARD 2019 Held on 6 November 2019 at the Raffles City Convention Center, Fairmont Ballroom, with 910 attendees. The RAS Epicurean Star Award celebrates the milestone achievements of both individuals and establishments in Singapore’s F&B industry. The award recognises visionaries who have introduced innovative ideas and concepts through the years, to distinguished talented chefs, restaurateurs and service staff who have inspired others towards achieving excellence. Over 100 nominations were received across 20 categories that were judged by a team of 18 respected individuals from the F&B industry. The guest-of-honour was Mrs Josephine Teo, Minister for Manpower and Second Minister for Home Affairs. 910 attendees R E S T A U R A N T A S S O C I A T I O N O F S I N G A P O R E P A G E 1 0 RESTAURANT ASIA 2019 Held from 21 - 23 March 2019 at Marina Bay Restaurant Asia presented a dedicated Sands Expo & Convention Centre, RAS showcase of the latest in kitchen & partnered with Conference & Exhibition culinary equipment and technological Management Services Pte Ltd (CEMS) to solutions and services. There was a produce our first trade show. Symposium held to connect like- minded individuals and promoted It is the first trade show spearheaded by sharing on industry-leading insights. It industry leaders for local and regional F&B sparked thought-provoking discussions communities. to advance the growth of the Food Services sector. Mr Chee Hong Tat, Senior Minister of State for Trade and Industry and Education officiated Business matching services also the opening ceremony. provided business development and networking opportunities for all An ASEAN Restaurant Alliance, comprising participants. associations from five other ASEAN countries – Cambodia, Indonesia, Malaysia, the Philippines, and Vietnam was formed during Restaurant Asia 2019. It seeks to help local F&B players expand into ASEAN markets, promote the sharing of best practices and the use of novel ingredients and cooking methods.
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