Home > Breaking News > Singapore > Story
June 28, 2009
Eateries expand businesses
By Tessa Wong
LOWER rents and operating costs are luring entrepreneurs into expanding their food and beverage businesses, even in a recession year.
But because it is a recession year, they are going for mid-priced bistros, cafes and bars which are easier on the pocket than fine dining restaurants.
The next few months will see more new eateries opening, as more retail space comes onstream, said Restaurant Association of Singapore president Ang Kiam Meng, although he could not give exact figures.
Read the full report in Monday's edition of The Straits Times.
June 28, 2009
Eateries expand businesses
By Tessa Wong
LOWER rents and operating costs are luring entrepreneurs into expanding their food and beverage businesses, even in a recession year.
But because it is a recession year, they are going for mid-priced bistros, cafes and bars which are easier on the pocket than fine dining restaurants.
The next few months will see more new eateries opening, as more retail space comes onstream, said Restaurant Association of Singapore president Ang Kiam Meng, although he could not give exact figures.
Read the full report in Monday's edition of The Straits Times.