COVID-19: ESG rolls out Food Delivery Booster Package to support F&B businesses via yahoosg
SINGAPORE — Enterprise Singapore has rolled out a Food Delivery Booster Package to support food and beverages businesses to transform their business models and meet the needs of digitally-connected consumers.
In line with this, all F&B establishments can open only for take-away and/or delivery from 7 April to 4 May, with no dine-in services allowed. Under this measure, sales and profitability of F&B outlets would be impacted, due to the drop in dine-in sales and the associated costs of using online food delivery platforms.
The three food delivery platforms will offset the grant support received from ESG directly from their fees charged. This is to help ease the cash flow of the participating F&B businesses during the COVID-19 period. “This is also a good time for businesses to optimise their business models for online sales. ESG will be looking at other initiatives to help businesses build new capabilities to navigate the online space.”
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
How F&B outlets, markets and food suppliers will operate amid COVID-19 'circuit breaker' measuresSINGAPORE: The Government strengthened its measures against COVID-19 on Friday (Apr 3) amid concerns of escalating infections, including closing ...
Read more »
In full: PM Lee's address on enhanced measures to deal with COVID-19 situation in SingaporeSINGAPORE: Prime Minister Lee Hsien Loong addressed the nation on Friday (Apr 3), giving an update on the COVID-19 situation in Singapore and ...
Read more »
Australia closes internal borders to capitalise on fall in new COVID-19 casesSYDNEY: Australian officials closed internal borders on Friday (Apr 3) and warned people to stay home over the upcoming Easter holiday as the ...
Read more »