https://sg.news.yahoo.com/live/82-of-closed-outlets-never-made-a-profit-in-singapore-grab-ceo-anthony-tan-urges-drivers-to-upskill-singapore-live-news-013945366.html
Singapore’s rising cost of living is reshaping the food and beverage industry, with more than 3,000 restaurants closing in 2024, the highest in nearly two decades. The downturn has persisted into 2025, with sales falling 6 per cent year-on-year in the second quarter as consumers cut back on dining out. Even established chains such as Prive and Ka-Soh have shuttered, underscoring the severity of the slump.
New entrants have been hit hardest, with 82 per cent of closed outlets never turning a profit, according to Ministry of Trade and Industry (MTI) data. Younger businesses are particularly vulnerable, as 63 per cent of closures involved establishments registered for five years or less, while rising rents and labour costs continue to squeeze margins. Yet catering services have emerged as a bright spot, surging 17.8 per cent in Q2 2025, with restaurants like Yum Cha pivoting successfully to banquets and events as industry watchers call diversification the key to survival.
Grab CEO Anthony Tan has urged drivers to prepare for change, calling on them to upskill into Singapore tech jobs as the company prepares to launch robobuses in 2026. He said the rollout will reshape traditional Grab jobs, creating new opportunities in technology and safety roles such as remote safety operators, data labellers and LiDAR specialists. These positions reflect Grab’s growing investment in autonomous vehicle technology, which is central to its long-term Southeast Asia strategy.
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Grab’s latest financial results highlight the payoff from innovation, with Q3 revenue rising 22 per cent to US$873 million and net profit hitting US$17 million. Adjusted EBITDA surged 51 per cent to US$136 million, prompting the company to raise its full-year forecast to as much as US$500 million. Tan stressed that Grab jobs Singapore will increasingly shift toward tech roles, adding that upskilling is essential for resilience as the firm’s driverless ambitions reshape the region’s transport landscape. More on Grab CEO Tan saying drivers must embrace upskilling here.
Delivery riders undoubtedly lead a hectic life as they have to travel across multiple locations and make deliveries in order to make a living, be it rain or shine.
A tragic story recently surfaced on social media after a delivery rider who was looking forward to seeing his family again after a long day at work had his life cruelly cut short by fate.
‘Tonight I’ll come home and bring your favorite dish’
In a viral Threads post, the OP wrote that the incident reportedly took place at KL, where the delivery rider suddenly collapsed on the side of the road while delivering the final order for the day.
For illustration purposes only. Photo via Canva
Although passersby quickly rushed over to help him, it proved to be too late as he had already breathed his last.
When police arrived at the scene, they went through the victim’s phone and found the following WhatsApp message addressed to his mother:
Only slept 3 hours a day
The OP further claimed that the victim, who lived at a low-cost flat (PPR) with his mother, only slept three hours each day and worked hard so that he could earn enough to pay for her kidney treatment.
AI-generated illustration
“When his body was brought home, neighbors and fellow riders gathered in large numbers, with some weeping while praying.
“Inside his bag, there was a RM10 mosque donation slip, a small contribution he had made every week without fail,” the OP added.
While she grieved over the loss of her son, the victim’s mother said she accepted his passing and expressed pride over the good he had done while he was still alive.
At the end of the post, the OP reminded others not to despise people based on their job as everyone has a story that’s not visible to the public eye.
(Singapore, June 6) A batch of raisins imported from India was found to contain an undeclared allergen , prompting the Singapore Food Agency to order a recall.
The Singapore Food Agency said in a statement on Thursday (November 6) that a 100-gram pack of Ohm brand raisins imported from India was found to contain the undeclared allergen sulfur dioxide, with an expiration date of September 30, 2026.
The Singapore Food Agency said in a statement on Thursday (November 6) that a 100-gram pack of Ohm brand raisins imported from India was found to contain sulfur dioxide, an allergen that was not declared.
The Food Bureau has instructed the importer, Santhiyaasree Marketing Pte. Ltd, to recall the aforementioned products, and the process is underway.
If food contains excessive sulfur dioxide, people with severe sulfite allergies may experience symptoms such as hives, itching, stomach pain, diarrhea, and vomiting after consuming it.
According to relevant regulations in Singapore, manufacturers must list any ingredients that may cause allergies in consumers on food packaging labels, and all ingredients should be listed in descending order of proportion to protect public health.
However, apart from consumers who are intolerant or allergic to sulfites, sulfites do not pose a safety problem to the majority of consumers.
If you have purchased any of the above products and are intolerant or allergic to sulfites, you should stop consuming them. If you have already consumed them and are concerned about your health, please seek medical advice.