Not everything Halal will work...

[BuiKia]

See....if you try to HALALised everything, especially chinese food. You will lose your customers. Depending on Muslims alone to sustain your business will not work.

Beleagured foodcourt operator Banquet is still in the red, six months after its foodstall operators revealed that it was delaying their monthly payouts.

Its managing director Alan Lee, 61, said Banquet still owes 100 stallholders about $3 million, but has paid back 450 other tenants the $75 million owed to them since last June.

News broke last year that the halal foodcourt operator had been making losses and had not been keeping up with payments to some of its stallholders.

Mr Lee then cited an increase in rents, escalating wages and food costs as reasons for delaying his payments to stallholders.

Banquet collects the daily takings of its stallholders and retains 20 per cent of the monthly revenue as rent payment. The remaining 80 per cent is usually returned to stallholders in the next 14 days after the end of each month.

He intends to settle all payouts to stallholders in instalments by 2015, with those who are more "financially deserving" getting priority. For instance, tenants who own only one stall will get their payouts first, as they tend to be new to the business and may not earn as much as those who own multiple stalls, he said.

Banquet, which originally ran 46 outlets including foodcourts and cafes, closed some loss-making branches last year.

Since last August, it has shut another five branches to contain its financial losses. It now has 10 outlets left. "The remaining outlets are our cash cows, and we intend to keep them," he said.

Mr Lee maintained that Banquet is not in danger of shutting down completely. He revealed that it is taking steps to improve its bottom line, such as having staff from Ah Mei cafes - which are under the Banquet group of eateries - double as cleaners.

 

[andyfisher]

Actually I dont understd, the one at raffles place is constantly busy, while their heartlander ones are busy too.
Hope he sorts himself out soon, its difficult to see a once thriving business folding.

People dont realise how difficult it is to build up a business

 

[Jah_rastafar_I]

As usual always getting the chinese to bend over backwards. In any case his poor business practices have resulted in this. Muslims probably don't even order that much food in the 1st place.

 

[laksaboy]

Actually I dont understd, the one at raffles place is constantly busy, while their heartlander ones are busy too.
Hope he sorts himself out soon, its difficult to see a once thriving business folding.

People dont realise how difficult it is to build up a business

No, people don't realise how silly it is to remove pork and lard from certain dishes.

Halal certification only works for fast food and fried/takeaway food.

 

[Bigfuck]

Sorry, the food does not taste nice in the first place.

 

[andyfisher]

Its interesting how you can turn every issue into something to prove your racist credentials.
respect bro

As usual always getting the chinese to bend over backwards. In any case his poor business practices have resulted in this. Muslims probably don't even order that much food in the 1st place.

 

[JPMorgan888]

As usual always getting the chinese to bend over backwards. In any case his poor business practices have resulted in this. Muslims probably don't even order that much food in the 1st place.

I like Muslim food. At least.

 

[laksaboy]

Somehow, I think the timing of this story is another piece of the 'we need more foreigners' propaganda.

This is also used to psycho the foodies and the gluttons into believing that 6.9 million population is necessary.

From ASME to Coca Restaurant @ Ngee Ann City, from Tung Lok Group to Banquet. The timing is too uncanny.

Rent will never be a point of contention for them. Labour cost is the whipping boy.

 

[laksaboy]

I like Muslim food. At least.

Ah, but as a non-Muslim is kinda like 'Hey it's Thursday and that Muslim stall has a special menu! Let's order something!'. No non-Muslim will eat Muslim food 7 days a week. There is no religious obligation involved.

 

[andyfisher]

As I keep harping on, it is the inflated costs imposed by the govt that is really a burden on businesses.
but people dont see it, sad.

Somehow, I think the timing of this story is another piece of the 'we need more foreigners' propaganda.

This is also used to psycho the foodies and the gluttons into believing that 6.9 million population is necessary.

From ASME to Coca Restaurant @ Ngee Ann City, from Tung Lok Group to Banquet. The timing is too uncanny.

Rent will never be a point of contention for them. Labour cost is the whipping boy.

 

[Jah_rastafar_I]

Its interesting how you can turn every issue into something to prove your racist credentials.
respect bro

What racist credentials?

The majority of the people here aren't muslim so there isn't a need to make an entire food court a halal food court. Bringing this up means one is racist? Go get run over by a truck.

 

[Jah_rastafar_I]

I like Muslim food. At least.

Ah, but as a non-Muslim is kinda like 'Hey it's Thursday and that Muslim stall has a special menu! Let's order something!'. No non-Muslim will eat Muslim food 7 days a week. There is no religious obligation involved.

Laksaboy gets it. Sure non muslims can eat halal food but halal food is specifically prepared for muslims why should non muslims have to accomodate muslims.

 

[BuiKia]

I love Muslim gals especially those wearing headdress...

I like Muslim food. At least.

 

[songsongjurong]

from KFC, BK, YaKun, in fact, including Beganwan solo and most if not all F&B outlet are putting up recruitment billboard at their premises.. the measures are hitting heartleander most, in same breathe, no cut back on PMET (Professionals, Managers, Executives and Technicians) quota (as reported in MSM)

Govt pushing sinkies to fill these manual jobs... what sinkies need are PMET level-playing field.

even PRC/neh on work permit are occupying low level white collar jobs

 

[Fishypie]

I love Muslim gals especially those wearing headdress...

Bro, may i haVe this Naked version ?..

 

[Spock]

Banquet collects the daily takings of its stallholders and retains 20 per cent of the monthly revenue as rent payment. The remaining 80 per cent is usually returned to stallholders in the next 14 days after the end of each month.

I don't understand the business model. The stall owners are like semi-employees? So the stall owners incur variable rental costs based on their revenue while the operator pays a fixed price when tendering for the site? No wonder the food is crap and the prices keep increasing due to the need to pay the middleman. The better your food tastes, the more you get in revenue but you need to pay more for rental. Another example of the stifling environment for innovation. I am surprised there are people willing to be shafted in this way, the stall owners and especially the patrons.

 

[mollusk]

What does halal got to do with banquet business failing ? It's the rent and escalating food price that are eating away the profit.

 

[songsongjurong]

Bro, may i haVe this Naked version ?..

there is a tudongless and blousless version... in ......... gutter post

non-halal version i mean

 

[Fishypie]

there is a tudongless and blousless version... in ......... gutter post

non-halal version i mean

Yup, saw those pics before..she's damned Hot !..

 

[po2wq]

See....if you try to HALALised everything, especially chinese food. You will lose your customers. Depending on Muslims alone to sustain your business will not work.

dey shud go open in jb ...