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As Budget 2026 approaches, Singapore’s dining and hospitality industry is warning that many of the pressures facing operators may be structural rather than temporary. Volatile rentals, rising manpower costs and persistent labour shortages are making it harder for businesses to plan ahead, invest and stay viable in an increasingly crowded market.
Andrew Chan, Vice President of the Management Committee at the Restaurant Association of Singapore, joins the Breakfast Show to explain why the association is pushing for changes such as rental cost predictability, enhanced wage co-funding and adjustments to foreign worker policies and how these proposals could shape the future of dining in Singapore.
For more Budget 2026 insights:
https://www.moneyfm893.sg/whats-on/budget-2026/
See omnystudio.com/listener for privacy information.
By MONEY FM 89.3As Budget 2026 approaches, Singapore’s dining and hospitality industry is warning that many of the pressures facing operators may be structural rather than temporary. Volatile rentals, rising manpower costs and persistent labour shortages are making it harder for businesses to plan ahead, invest and stay viable in an increasingly crowded market.
Andrew Chan, Vice President of the Management Committee at the Restaurant Association of Singapore, joins the Breakfast Show to explain why the association is pushing for changes such as rental cost predictability, enhanced wage co-funding and adjustments to foreign worker policies and how these proposals could shape the future of dining in Singapore.
For more Budget 2026 insights:
https://www.moneyfm893.sg/whats-on/budget-2026/
See omnystudio.com/listener for privacy information.

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