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F&B industry fears looming 'correction'

On top of labour costs and price competition comes a lower foreign worker quota and possible pullback in consumer spending

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Cuts to the services sector's foreign worker quotas may be the latest blow to the food and beverage (F&B) services industry, which has come under pressure on various fronts.

Singapore

CUTS to the services sector's foreign worker quotas may be the latest blow to the food and beverage (F&B) services industry, which has come under pressure on various fronts.

While labour costs are a traditional bugbear, price competition is also a concern in Singapore...

sentifi.com

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