What is the cost of losing small F&B spaces?

The F&B industry has always been fiercely competitive, both in Singapore and globally. While thriving in such a landscape is never easy, a number of small local businesses have been struggling to stay afloat recently – with more than 3,000 F&B outlets shutting down in 2024 alone. What does it take to run an F&B space in this landscape and what are we losing if more of these local F&B spaces close down? Corrections: 3:56 - 3:58 The name and description should be 'Edith Tay, Executive Director of PropertyBank Pte Ltd', not 'Edith Tah, Senior Property Consultant'. 9:01 The name should be spelt 'Edith Tay', not 'Edith Tan'. #sgnews #singapore Have an interesting video idea? Send us an email at video@mothership.sg LET'S CONNECT! -- Facebook:   / mothershipsg   -- Twitter:   / mothershipsg   -- Instagram:   / mothershipsg   -- Tiktok:   / mothershipsg   -- Telegram: https://t.me/mothershipsg 🔔 Click on the bell icon to be the first to watch our videos! 🔔