Singaporeans’ perpetual love affair with food has created a gastronomical island paradise proffering an eclectic range of cuisines, from local and authentic to exotic and foreign. Eating has become not only a favourite pastime for locals, expatriates and tourists have both relished in the island’s unrivaled diversity of multicultural dishes, available at affordable prices to boot. The ubiquitous presence of restaurants and bars, often occupying an entire storey or street, has become quite an attraction to behold in itself. Local PMETs with increasing household incomes, an established population of expatriates and a growing number of inbound tourists continue to fuel the industry’s development and expansion.
In addition, hi-tech innovations, spearheaded by Workforce Singapore (WSG) and its partners, are changing the face of F&B in Singapore. The implementation of new food processing technology and digital solutions, along with digital marketing, is helping operators, especially small and medium-sized enterprises, achieve higher productivity to remain competitive. On the long run, Singapore’s F&B industry sees good prospects in all of its segments.