CNA938 Rewind - Singapore F&B brands shifting operations to Malaysia
Gardenia is the latest Singapore Food and Beverage brand that has announced it will shift operations to Malaysia, following Tiger Beer and Yeo’s in March. This means job opportunities are also being relocated out of Singapore. Is this an inevitable stage of the country’s economic evolution as we focus on becoming a high-value economy rather than a low-cost manufacturing hub? Genevieve Woo and Hairianto Diman speak with Lau Kong Cheen, Associate Professor, School of Business, SUSS, to find out.