, Singapore
898 views
Stock image by freepik

Singapore records 3,357 F&B openings as of October

 The city-state also recorded 2,431 closures over the same period.

Singapore recorded 3,357 new retail food establishments and 2,431 closures between 1 January and 23 October 2025, data from the Ministry of Trade and Industry (MTI) showed.

Of the closures, 36.3% had operated for less than three years, whilst 26.7% were open for three to under five years. Another 17.2% had operated for five to under 10 years, and 5.9% for 20 years or more.

The period saw a net gain of 926 establishments, reflecting a steady rate of new business formation amid higher labour and rental costs.

MTI said the data was based on registration records of retail food operators, measured from establishment to cessation.
 

Join Singapore Business Review community
Join Singapore Business Review community
A NOTE FROM SINGAPORE BUSINESS REVIEW

Reaching the people who run Asia's businesses is harder than it used to be.

Inboxes are crowded. Attention is short. The executives you most want to reach — the founders, CFOs, and operators who actually move budgets — are the hardest to find through the usual channels. If you're building a company, a category, or a reputation, you already know this.

We've spent twenty years building the room they read. Singapore Business Review is where senior decision makers in Singapore and across Southeast Asia come for business coverage they can't get elsewhere — in print, online, and in person at the summits and roundtables we host across seven markets.

If you have something these readers should know about — a point of view worth publishing, a product worth their attention, an event worth their time — we'd like to hear what you're trying to do.