Founder Bak Kut Teh @ Rangoon: 2nd Generation Hawkerpreneurs!

Founder Bak Kut Teh @ Rangoon: 2nd Generation Hawkerpreneurs!: Prime Rib Bak Kut Teh $8 There has been a lot...

There has been a lot of talk about preserving our hawker heritage recently. The main worry is about the lack of younger Singaporeans wanting to enter the hawker profession. This is certainly a big concern for certain dishes like Char Kway Teow. The problem lies in simple, basic economics. If you can sell a dish for $6-$8 and Singaporeans can recognize its value and happily pay for it, then the dish will survive and thrive. But if Singaporeans continue to complain when the young Hokkien Mee man increases the price of his plate of Hokkien Mee from $3 to $3.50, then he might find that he would be better off converting his stall to selling pasta where people are happily paying $6 for a plate of carbonara at the same hawker centre. Similarly, it really makes no sense to me when people complain that the cup of kopi has gone up from $1.30 to $1.50 when they are happily paying $5 ...

Full article: http://ieatishootipost.sg/2013/04/founder-bak-kut-teh-ran...