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Vihanya Rakshika

Correspondent

Vihanya Rakshika is a business correspondent at The Straits Times. Before joining the paper’s Business Desk, she spent six years covering breaking news and current affairs across local newsrooms, following a decade as an educator in public schools. Her main focus revolves around issues related to the running of a business in Singapore, which may include credit, financial distress, litigation and workplace disputes.

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Latest articles

Company wins suit against employee who moonlighted for rival corporate services firm

The judge found that Michelle Wong had breached the conflict-of-interest and non-competition provisions in her employment agreement with Korporatio Sing when she moonlighted for Xion AI.
The judge found that Michelle Wong had breached the conflict-of-interest and non-competition provisions in her employment agreement with Korporatio Sing when she moonlighted for Xion AI.

Singapore-based job search platform Snaphunt winds up, citing funding delay

Snaphunt is being wound up after a funding round was reportedly delayed, leaving it without enough cash to continue operations.
Snaphunt is being wound up after a funding round was reportedly delayed, leaving it without enough cash to continue operations.

Hao Mart-linked company sues OG over forced early exit from Taste Orchard

The former OG Orchard Point building reopened as Taste Orchard in February 2024, with anchor tenant and supermarket chain Eccellente by Hao Mart occupying three levels.
The former OG Orchard Point building reopened as Taste Orchard in February 2024, with anchor tenant and supermarket chain Eccellente by Hao Mart occupying three levels.

SPH Media Career Expo returns on Aug 22 and 23 with jobs, career coaching and tips on adapting to AI

The career fair is aimed at a wide range of people, from fresh graduates entering the workforce to experienced professionals seeking new career opportunities.
The career fair is aimed at a wide range of people, from fresh graduates entering the workforce to experienced professionals seeking new career opportunities.

BlackRock, ResMed and Thales chiefs among MNC leaders honoured in National Day Awards

(From left) BlackRock chairman and chief executive Larry Fink, ResMed chief executive Michael Farrell and Thales chairman and chief executive Patrice Caine were among the 56 recipients of the Public Service Star.
(From left) BlackRock chairman and chief executive Larry Fink, ResMed chief executive Michael Farrell and Thales chairman and chief executive Patrice Caine were among the 56 recipients of the Public Service Star.

Retail sales growth picks up in June as consumer spending stays resilient

Compared with May, June retail sales edged up 1 per cent after accounting for seasonal factors.
Compared with May, June retail sales edged up 1 per cent after accounting for seasonal factors.

Last of Hao Mart’s upscale Eccellente outlets closes at Marina Square

The Marina Square outlet was the last remaining Hao Mart Eccellente store before it closed.
The Marina Square outlet was the last remaining Hao Mart Eccellente store before it closed.

‘Why me?’: Retrenchment handbook addresses tough layoff conversations and other HR issues

The second edition of Responsible Retrenchment – The Exit Management Handbook was launched on July 30.
The second edition of Responsible Retrenchment – The Exit Management Handbook was launched on July 30.

‘It is not AI instead of workers’: NTUC’s Desmond Tan at Synagie’s new AI platform launch

NTUC deputy secretary-general Desmond Tan at the launch of Singapore-headquartered firm Synagie’s new AI platform Geene 2.0.
NTUC deputy secretary-general Desmond Tan at the launch of Singapore-headquartered firm Synagie’s new AI platform Geene 2.0.

‘Online shopping is not for us’: Shoppers lament Metro’s planned Paragon, Causeway Point exit

Footfall at Metro’s Causeway Point outlet and the rest of the mall was light on July 21.
Footfall at Metro’s Causeway Point outlet and the rest of the mall was light on July 21.

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MDDI (P) 046/10/2025. Published by SPH Media Limited, Co. Regn. No.202120748H. Copyright © 2026 SPH Media Limited. All rights reserved.