Written reply to PQ on Average Annual Registration and Deregistration rates in F&B sector from 2000 to present

Question:

Assoc Prof Jamus Jerome Lim: To ask the Deputy Prime Minister and Minister for Trade and Industry what has been the average annual number of registration and deregistration of food and beverage (F&B) sector businesses for the periods of (i) 2000 to 2009 (ii) 2010 to 2019 and (iii) 2020 to the present. 

Written Answer by Deputy Prime Minister and Minister for Trade and Industry Gan Kim Yong

1.                  The average annual number of registrations and deregistrations of F&B sector business entities for the requested periods are in Table 1.

Table 1: Average Annual Number of Registrations and Deregistrations of F&B Sector Business Entities (based on SSIC 56 series)*

2.                  The Member may wish to refer to DOS’ website for the annual breakdown: https://tablebuilder.singstat.gov.sg/table/TS/M085641.