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#Brunch: ‘Who’s going to buy a S$9 croissant?’: Singapore’s artisanal bakeries crumble under cost pressures, softening demand
“A lot of people thought business would be good after Covid, including us, so we expanded,” says Keong Saik Bakery founder Tan Yuzhong. “But it turned out the opposite...From 2022, it was just down, down and down.”
