I do worry for it cascading exponentially, any potential trigger of price shock makes me quite anxious not just from business but societal perspective as well (new taxes introduction, subsidy removal, floated petrol, etc.).

I wished we'd reach a plateau soon, atleast things have room to equalize.

any 1 doing food and beverage industry here? ur buisness ok?

With all the negative news slamming us left, right and centre, I won't be surprised that consumer sentiments are further depressed.

With.the war in estern lagi cham the buisness

Well, to be honest, I’ve not yet felt any pressure or slow down in terms of patients visiting the surgery, but I guess that’s because medical professionals are somewhat shielded from the early effects… after all, I’m co soldered am essential service.

However, if the economy around ASEAN slows and the currencies drop against the SGD, I’m sure I’ll experience a slow down too.

Holding on brother, some raw mats costs are really hitting it hard (see cocoa price, wew lads).

Significant revenue drop for the last 3 months, and things are still not looking well next year in terms of business costs.



for context, in F&B but last 3 months (Sep-Nov) is worse than fasting month (Mar-Apr)

Rise in minimum wage next year will likely induce higher cost increases.

Can't keep increasing price and passing the cost to consumers. This is not sustainable. Consumers are stretched and will eventually find cheaper alternatives.

Predicting that most of cost increase next year going to come from Budget 2025 alone though. Honestly if the budget was empty I'm ok with no price increase.

just curious..did u increase the price of your goods in Aug/Sept?

my roadside hawker complain bisnes slow and its obvious too, last time i passby sure got 3-4 customers nowadays sometimes 0 but its bcoz he raise price 2 times this year alone like salary drop from sky.

but at the same time, we had FNB that reported higher revenue

Last major raise was Early 2022 (almost 3 years already), around RM1 adjustment on average.

Early this year got <RM0.50 cents on small selection of items (choc-based products due to cocoa price surge), but that's only around 15% of the menu.

Did you change your recipe, ingredients or portion size?

No, no & no. I guess I should also mention, residing in neighborhood mall, one of the more affordable supermarket chains serving grocery needs.
Mall foot traffic declined noticeably so it's affecting every tenants also, some saying almost as bad as Covid years.

Anecdotal evidence also seeing less full grocery trolley carts during payday periods, but that's only personal sampling size so confirmation bias I guess.

Wow, pretty much mirror mine, and yes sales now worse than typical fasting month in previous years.

Civil servants getting bonus soon.

Sure huat ahh

Year end 13th month bonus.
Take this opportunity to grab ur market share.
Do year end promotion.
Buy 1 free 1
Stamps loyalty etc

Bruce Lee - “Do not pray for an easy life, pray for the strength to endure a difficult one.“

With eInv coming, it is bleak out there. Many companies reported lower revenues.

if revenue is 12k, what is net profit?

bicycle shop very good business during MCO now begging people to buy

season is over. just like during 2011-2013 hype