#TalkBack: Low barriers to entry for the F&B sector; a double-edged sword
Update: 2025-10-23
Description
F&B closures have dominated Singapore’s headlines this year. The Monetary Authority of Singapore has projected uneven growth next year for the sector. Yet, there have been more openings than closures in the F&B industry, with around 3,100 F&B services businesses formed this year (as of 1 October), while about 2,290 ceased. Lance Alexander and Daniel Martin discuss further with Dale Thia, Co-Founder of Wunderfolks and Tan Hsien Wei, Domain Chair, Lifestyle & Consumer Experience, Temasek Polytechnic.
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