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Technology could ease pain of rising costs on F&B earnings

Most consumer companies already close to 40% service sector dependency ratio ceiling for hiring foreign workers

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Rising operational costs from more stringent foreign worker quotas will weigh on future earnings for Singapore's listed food & beverage companies, but technology could make the impact easier to digest.

Singapore

RISING operational costs from more stringent foreign worker quotas will weigh on future earnings for Singapore's listed food & beverage companies, but technology could make the impact easier to digest.

DBS Group Research analysts found in a survey that most consumer

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