QUOTE(nihility @ Feb 23 2023, 01:55 PM)
Next 6-9 months will see quite a number of newly opened F&B shops to cease operation.
QUOTE(keybearer @ Feb 23 2023, 09:09 PM)
F&B franchise here, roughly 15-30% slower. Though heard of some franchise restaurant getting up to 50-60% slower so unker just cukurrr as long as can pay off loan.
Major drop from FP, Grab & Shopeefood platform though.
Due raised in minimum wages, restricted foreign labourer, raw material price rise, etc, some established eateries already started to reduce their outlets.
QUOTE(Platinum Sand @ Feb 23 2023, 02:23 PM)
What to do with construction? U mean machine?
My line, after mco knn everything increase. 1 years 3 4 time price increase.
QUOTE(Platinum Sand @ Feb 24 2023, 09:53 AM)
No worries. Anyway I found recent years construction project also shrink, less project. construction raw materials also increase .(recently just renovate my house). Those G5-G7 not so active like last time .
Due to materials price rise, shortage of labourers, huge increase in wages, slow in gomen approval, etc, many projects are on hold, deferred or cancelled.