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Bloomberg — Business — Singapore Restaurants — Pursuits — Economy — Tourism

Singapore’s World-Class Gastro Cred Imperiled by Staffing Woes

Rising rents, ingredient costs, and tighter labor laws are pushing Singapore's restaurants to cut corners or close. The middle market is struggling as Singapore's status as a food haven could be under threat.

1 min read
  • Rising rents, soaring ingredient costs and tighter labor laws are pushing Singapore restaurants to cut corners or close.
  • Restaurants are bearing the brunt of inflation in the city, which is near a 14-year high.
  • Singapore's government policy has exacerbated the cost increase restaurants face due to wages.
  • Singapore's status as a food haven could be under threat, according to restaurant owners.
  • The middle market, catering mostly to local residents, is struggling.
Singapore’s World-Class Gastro Cred Imperiled by Staffing Woes
Singapore restaurant owners are sending a message to the government that the nation’s status as a gastronomic center could be under threat as rising rents, soaring ingredient costs and tighter labor laws push businesses to either cut corners or close.
BloombergMichelle Jamrisko

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