The impending closure of Hup Chong Yong Tau Foo comes against the backdrop of a challenging environment for food and beverage businesses in Singapore. More than 3,000 F&B businesses have shut down in the past year, averaging roughly 250 closures per month — the highest in nearly two decades, according to CNA. Amid these pressures, commenters have also pointed out that while hawker centres are deeply woven into Singapore’s identity, they are not charities, and stallholders ultimately do not owe the public cheap meals at the expense of their own livelihoods. #tiktoksg #fyp #news
Related Buzz
Singaporean students in Middle East safe, minimal disruption to studies amid conflict in region: Faishal Ibrahim
The acting minister for Muslim Affairs added that developments in the region are being monitored very closely and “with heavy hearts”. MUIS’ student liaison officers…
CNA’s Andrea Heng wins second SIAS Investor Education Journalist Award
SINGAPORE: CNA938 presenter Andrea Heng was named the Investor Education Journalist of the Year by the Securities Investors Association (Singapore) on Tuesday (Nov 11), in…
Deliveroo’s Singapore exit may lead to higher fees, fewer discounts, analysts say
WHY DELIVEROO STRUGGLED Deliveroo entered Singapore in 2015 to a highly competitive food delivery landscape. Analysts CNA spoke to noted the difficulties of Singapore’s market…
Dividend investing is a popular strategy with Singapore investors, but does it still make sense today?
With the market currently focused on artificial intelligence stocks, total returns in that space have been markedly higher. A diversified portfolio can capture returns across…
@mothership.nova omniscient reader opens in on Jul. 31 & blackpink in our area …
@mothership.nova omniscient reader opens in 🇸🇬 on Jul. 31 & blackpink in our area this nov!!!! 🤭🖤🩷 #tiktoksg #sgnews #singapore #leeminho #ahnhyoseop #jisoo #지수 #blackpink…