Popular burger restaurant Working Title in Singapore<\/a> also ceased operations on April 30, marking the end of its 13-year run.<\/p>\nMore closures are on the horizon, as Peranakan caf\u00e9 Nana Dolly’s and heritage restaurant Wing Seong Fatty’s will cease operations at the end of the month, Channel News Asia reported.<\/p>\n
Industry insiders said since tourism rebounded after the Covid-19 pandemic and the Singapore dollar strengthened, more Singaporeans have chosen to spend school holidays and long weekends overseas rather than dining and shopping locally, The Straits Times reported.<\/p>\n
According to official statistics, 3,148 food businesses ceased operations in Singapore in 2025, up from 3,047 in 2024.<\/p>\n
“Rent, labor and energy costs have settled at a higher baseline, while consumers have become more cautious with their spending,” saud Geoffrey Tai, manager at Temasek Polytechnic’s School of Business, as quoted by The Straits Times.<\/p>\n
“Many operators that managed to survive on cash reserves or debt are now facing mounting operational pressures.”<\/p>\n
However, restaurants continue to open despite the wave of closures. According to data from the Accounting and Corporate Regulatory Authority, 1,436 new food businesses registered from January to April, up 7% year-on-year.<\/p>\n
Recent openings include several Japanese brands, such as hamburger steak restaurant Hikiniku To Come and yakitori chain Torikizoku, as well as Korean eateries Jiho Samgyetang SBCD and Bibim Deli.<\/p>\n","protected":false},"excerpt":{"rendered":"Among the latest casualties are casual French restaurant Encore by Rhubarb and French caf\u00e9 The Black Sheep. Popular…\n","protected":false},"author":2,"featured_media":495609,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[72,113,61,60,386],"class_list":["post-495608","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-economy","tag-ie","tag-ireland","tag-world"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/495608","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/comments?post=495608"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/495608\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media\/495609"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media?parent=495608"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/categories?post=495608"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/tags?post=495608"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}