Other experts and non-governmental organisations, too, have helped farmers improve their agricultural techniques over the years.
‘MANY LITTLE THINGS’ ADDING UP
The rise in the price of Singapore’s “kopi” does not all come down to coffee bean prices, however.
Last year, Ya Kun Kaya Toast, which has more than 70 outlets in Singapore, increased the price of its coffee with condensed milk from S$1.80 to S$2.
Contributing to that were “many little things coming together”, such as rental, labour costs, medical benefits for the staff and electricity bills.
“These things will also continue to creep (up),” said Ya Kun International’s director of branding and market development, Jesher Loi. “You’ve got to deconstruct the various ingredients involved as well: coffee beans, water, milk, sugar.
“The profit margin (on) each little cup of coffee has to be put together … to prop the business up.”
Source: CNA
