Many are now contemplating becoming the next modern hawkerprenuer, who makes it big in Singapore. However, the reality is that over the past year, economic stagnation, decline in domestic consumption and fierce competition continue to put pressure on the local food service sector. Along with the ongoing talent crunch, these factors have raised the barriers to entry for an already small pool of young talent with entrepreneurial ambitions.Sales & Marketing Director of TY Innovations, Frank Quek discusses the challenges and opportunities facing the hawkerprenuer.

<p>Many are now contemplating becoming the next modern hawkerprenuer, who makes it big in Singapore. However, the reality is that over the past year, economic stagnation, decline in domestic consumption and fierce competition continue to put pressure on the local food service sector. Along with the ongoing talent crunch, these factors have raised the barriers to entry for an already small pool of young talent with entrepreneurial ambitions.Sales &amp; Marketing Director of TY Innovations, Frank Quek discusses the challenges and opportunities facing the hawkerprenuer.</p>

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