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Pin Si Kitchen at Woodlands Link will close down for good on 1 April 2022 after 14 years of operation.
- Thread starter micromachine
- Start date
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SINGAPORE — Rising electricity prices have proved to be the last straw for Pin Si Restaurant in Safra Yishun club, after it had been grappling with manpower shortages since the start of the Covid-19 pandemic.
Faced with an electricity bill that ballooned from about S$15,000 a month to S$40,000 this year, the firm operating the Cantonese food business decided to stop its restaurant operations next month after 14 years.
It had previously been buying electricity from Best Electricity, before the retailer exited the Singapore market late last year due to “unexpected volatile conditions” in the energy market.
Ms Lim Seok Wai, human resource manager and company secretary of the business, said that Pin Si Restaurant’s account was then transferred to SP Group, the incumbent power supplier before the open electricity market opened here.
“We weren’t able to get any other utility supplier to take over,” she said, adding that the electricity bills started to soar from the beginning of this year.
https://www.todayonline.com/singapore/electricity-prices-inflation-coffee-shops-1842886
Faced with an electricity bill that ballooned from about S$15,000 a month to S$40,000 this year, the firm operating the Cantonese food business decided to stop its restaurant operations next month after 14 years.
It had previously been buying electricity from Best Electricity, before the retailer exited the Singapore market late last year due to “unexpected volatile conditions” in the energy market.
Ms Lim Seok Wai, human resource manager and company secretary of the business, said that Pin Si Restaurant’s account was then transferred to SP Group, the incumbent power supplier before the open electricity market opened here.
“We weren’t able to get any other utility supplier to take over,” she said, adding that the electricity bills started to soar from the beginning of this year.
https://www.todayonline.com/singapore/electricity-prices-inflation-coffee-shops-1842886
The Post heading is very misleading lah.... Pin Si factory at Woodlands Link still operating.. you doing this on purposes
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