
Subscribe to our YouTube channel for free here:
https://sc.mp/subscribe-youtube
Restaurant owners across Asia, from South Korea to Pakistan, are feeling the pinch, as prices of staple ingredients soar because of the Covid-19 pandemic and the Ukraine-Russia war. Supply chains have been disrupted, transportation costs have risen sharply and consumers have cut back spending. To avoid closing their doors, many restaurant owners are making the difficult decision to raise their menu prices, but by doing so, some have said they’ve lost up to half of their customers.
Related story:
Asian economies remain well positioned for growth: Standard Chartered chair https://sc.mp/thvc
Support us:
https://subscribe.scmp.com
Follow us on:
Website: https://www.scmp.com
Facebook: https://facebook.com/scmp
Twitter: https://twitter.com/scmpnews
Instagram: https://instagram.com/scmpnews
Linkedin: https://www.linkedin.com/company/south-china-morning-post/
#scmp #Asia #Asia