Diverging fortunes in Singapore’s F&B scene as diners turn to cheaper options

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THU, JUN 19, 2025 Top Stories Diverging fortunes in Singapore's F&B scene as diners turn to cheaper options [SINGAPORE] Fortunes are diverging in the local dining scene, with restaurant takings on the decline but other food and beverage (F&B) outlets seeing some recovery, based on official data. Globally diversified equities remain attractive amid yet another Fed pause: analysts [SINGAPORE] Analysts continue to favour globally diversified equities, as the US Federal Reserve kept interest rates unchanged on Wednesday (Jun 18). Latest Singapore six-month T-bill cut-off yield falls to 2% [SINGAPORE] The cut-off yield on Singapore's latest six-month Treasury bill (T-bill) inched down to 2 per cent, based on auction results released by the Monetary Authority of Singapore on Thursday (Jun 19). Prudential, AIA still offering pre-authorisation at Mount Elizabeth hospitals despite Great Eastern's shock move [SINGAPORE] Insurers in Singapore are not following Great Eastern's footsteps to suspend pre-authorisation certificates for admission into Mount Elizabeth Hospital and Mount Elizabeth Novena Hospital. Prudential and AIA told The Business Times that they are still issuing pre-authorisation certificates for any healthcare institutions. SingPost puts up 10 HDB shophouses for S$50 million in sale-and-leaseback bid [SINGAPORE] National postal service provider Singapore Post (SingPost) has put up 10 Housing & Development Board (HDB) shophouses for sale and leaseback under its plan to divest non-core assets. Singapore stocks sink on Thursday after Powell signals higher inflation; STI down 0.7% [SINGAPORE] Local shares fell for a second consecutive session on Thursday (Jun 19), after US Federal Reserve chair Jerome Powell warned of "meaningful" inflation ahead, as consumers are expected to face higher prices due to the Trump administration's proposed import tariffs. He also cautioned against placing too much confidence in the current outlook for rate cuts. PODCAST Market Focus Daily: Thursday, June 19, 2025 Global stocks edge lower today; Investors take cover in safe havens; The US dollar gains as financial markets are on edge and markets will look to a string of central bank policy decisions out of Europe for any possible catalysts. Other Good Reads Asean Business Business insights centering on South-east Asia's fast-growing economies. Breakfast Brief All the latest news you need to know to start your day, right in your inbox. Property Insights Get an exclusive analysis of real estate and property news in Singapore and beyond. MORE NEWSLETTERS FOLLOW US DOWNLOAD THE BT APPS ABOUT US CONTACT US HELP TERMS & CONDITIONS DATA PROTECTION POLICY ADVERTISE WITH US You are receiving this e-mail because you subscribed to the BT Breakfast Brief. We're keeping you updated with our Daily Debrief, which helps you catch up with breaking news you may have missed. If you no longer wish to receive the Daily Debrief, please click the link below to unsubscribe. If you want to unsubscribe from this mailing list,click here.