South Korean fast-food chain Lotteria has expanded its presence in Singapore with the launch of a second outlet at Jurong Point in July, bringing its signature burgers to customers in the western part of the island, The Straits Times reported.

The famous Indonesian nasi Padang chain Selamat launched its first Singapore outlet in Kampong Glam in mid-June at the former Warong Nasi Pariaman space, Channel News Asia reported.

Recent openings included several Japanese brands, such as hamburger steak restaurant Hikiniku To Come and yakitori chain Torikizoku, as well as Korean eateries Jiho Samgyetang SBCD and Bibim Deli.

Last year, Singapore recorded 4,100 new eateries registered.

More restaurants and food businesses are opening than closing, undeterred by the notoriously high attrition rate, The Business Times reported.

Singapore saw 2,101 food business closures between January and July this year, an increase of 25.1% year-on-year amid rising costs and high rents, according to ACRA.

The trend of openings outpacing closures continued as industry players expected bright tourism landscape in the city-state, which was ranked the world’s second richest country by GDP per capita in 2025 behind Switzerland by The Economist.

Singapore received 1.63 million international visitors in July, its highest monthly tourism performance so far this year, according to data from the Singapore Tourism Board (STB). For the first seven months, the island country recorded 9.8 million international visitors, a 1.9% year-on-year decline amid slower arrivals from key markets including Indonesia and India.

The government is increasing state investment in the tourism sector with plans to attract between 17 million and 18 million visitors in 2026.

Singapore is stepping up efforts to attract more overnight visitors by encouraging tourists to explore attractions and late-night eats beyond the city center.