SINGAPORE, May 20 (Bloomberg): 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.
Inflation in the city is near a 14-year high, with restaurants bearing the brunt of the increases.
Already a subscriber? Log in
Play, subscribe and stand a chance to win prizes worth over RM39,000! T&C applies.
Cancel anytime. Ad-free. Unlimited access with perks.
