Singaporean businessman and former radio DJ Daniel Ong, 50, will be shutting down his restaurant, Dan's Steaks, in "just a few months", citing rising costs. In a social media post on Tuesday (Jul 28), Ong wrote that "the reality of running a restaurant has changed". "Food costs continue to rise. Staff costs continue to rise. Dan's Steaks began as a home-based business during the pandemic before becoming a physical restaurant at Maju Avenue in 2021.