The new dilemma facing restaurants is whether it's viable to make the switch to delivery or to close completely. Among those which have decided to close are the one Michelin-starred Labyrinth and three-starred Les Amis.
He said:"It's better for my bottom line. My staff will take no-pay-leave, but they will still get some salary from the government subsidy and I am splitting their May salary over two months." In the past couple of weeks, fine dining restaurants had been tentatively testing takeaway and delivery options as an alternative revenue stream, and this will now be ramped up, said Loh Lik Peng of The Unlisted Collection group of restaurants, which include Cloudstreet and Zen.
The situation is dire for the industry, so much so that Mr Loh and Mr De Vito started #savefnbsg, which saw over 500 restaurants come on board in just three days to form a coalition to lobby for more government aid to save the industry. The group estimates that without intervention in issues of rental and manpower costs, 80 per cent of restaurants are likely to close within the next month. The no-dine-in ruling will only hasten this process.
The group is pushing for landlords to operate on a"no base rent, pure GTO rent of up to 15 per cent" model as a temporary measure to help them save jobs.
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