💨 Abstract

Singapore's food scene, known for its diversity, has been impacted by closures of low-cost hawker stalls, mid-sized operators, and Michelin-starred restaurants. These businesses claim increased costs and decreased consumer spending are to blame. Monthly closures have risen from around 230 in 2022 to 307 in 2025, according to government data.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖