The cost of rising food prices (Scene from "Sparks S2E8: One From The Heart")
8The pandemic has been especially tough on F&B SMEs. Uneven demand and disrupted supply chains have led to higher food production costs.
In this scene in the latest #DBSSparks episode, the owners of a local coffee shop find their livelihoods threatened when rising food prices lead to thinner margins. With nowhere to turn, they engage the help of the bankers to help them get to the heart of the problem.
F&B SMEs are at the beating heart of the bustling food culture that defines our Singaporean identity. Find out how DBS has helped SMEs digitalise in the face of a new reality, and how businesses can fast-track their digitalisation with some of our digital packages: https://go.dbs.com/3wtxs5P
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