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Extended dining-in ban a nail in coffin for many F&B outlets

Takeaway, delivery revenue cannot offset losses, Chope survey finds; more layoffs expected

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Published Wed, May 20, 2020 · 09:50 PM

    Singapore

    SINGAPORE'S embattled food and beverage (F&B) sector may see more closures and layoffs, with dining-in not permitted for a while longer even after the circuit breaker starts to be rolled back.

    About two in five restaurants will not last longer than two more months with the revenues and costs recorded during the ongoing circuit-breaker period, according to a survey released by Chope on Wednesday.

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    Covid-19Cost-cuttingLayoffs

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