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BT EXCLUSIVE

Corporate cost-cutting taking the sweet out of mooncakes

Dive in orders from businesses pushing makers to e-platforms in bid to mitigate impact

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Traditional baked mooncakes from Hua Ting at Orchard Hotel.

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Red date mooncakes with wolfberries and pumpkin seeds from the Singapore Marriott Tang Plaza Hotel.

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White lotus paste with macadamia nut mooncakes from the Si Chuan Dou Hua restaurant chain. Retailers are bracing themselves for a sharp drop in sales – at least 50 per cent in the corporate segment, said a spokesperson for Pan Pacific Hotels Group.

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Assorted nuts, white lotus and lychee rose, white lotus are two new mooncake flavours from Teochew heritage bakery Thye Moh Chan. The company fears corporate orders will fall 5 to 10 per cent.

Singapore

THE upcoming Mid-Autumn Festival will not be as sweet for mooncake sellers as previous years, with corporate sales tapering off amid Covid-19.

Mooncake revenues are expected to suffer in 2020, as tighter belts and shuttered offices put the crimp on seasonal company gift-...

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