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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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Companies in S’pore with over 200 employees must have certified HR professional from July 2028

The Government will support HR certification through subsidies and SkillsFuture credits, aiming to double the number of certified HR professionals to 18,000 by 2030.
The Government will support HR certification through subsidies and SkillsFuture credits, aiming to double the number of certified HR professionals to 18,000 by 2030.

Hao Open Foods to open up to 120 BHC Chicken outlets in Vietnam

Dining Brands, formerly known as BHC Inc, is headquartered at Lotte World Tower and is a major multi-restaurant company based in Seoul, South Korea.
Dining Brands, formerly known as BHC Inc, is headquartered at Lotte World Tower and is a major multi-restaurant company based in Seoul, South Korea.

Former True Fitness, True Yoga workers attend job-matching session after chains’ sudden closure

The event, held at the Devan Nair Institute for Employment and Employability on Sept 17, drew close to 40 attendees.
The event, held at the Devan Nair Institute for Employment and Employability on Sept 17, drew close to 40 attendees.

Former Cathay cinema operator mm2 Asia, subsidiary owe $213,000 in CPF arrears

mm2 Asia was the operator of the Cathay Cineplexes cinema chain, which ceased operations on Sept 1, 2025, amid the group’s financial difficulties.
mm2 Asia was the operator of the Cathay Cineplexes cinema chain, which ceased operations on Sept 1, 2025, amid the group’s financial difficulties.

Popular bakery Baker’s Brew, now known as BB Atelier, goes into liquidation

Baker’s Brew was rebranded as BB Atelier in late 2025. Manila-based creative boutique Studio After Six shared on Instagram in July that it had worked on the bakery’s rebranding.
Baker’s Brew was rebranded as BB Atelier in late 2025. Manila-based creative boutique Studio After Six shared on Instagram in July that it had worked on the bakery’s rebranding.

Mary Chia beauty firm appears in court over unpaid CPF contributions

The State Courts heard that the beauty company made a payment of $11,291 on Sept 9, a day before its hearing.
The State Courts heard that the beauty company made a payment of $11,291 on Sept 9, a day before its hearing.

Radiant World-funded scholarship in UWCSEA under review as S’pore iron ore trader’s legal woes mount

Radiant World’s website says its foundation funds scholarships for talented young women from India to pursue IB at UWCSEA and UWC UK.
Radiant World’s website says its foundation funds scholarships for talented young women from India to pursue IB at UWCSEA and UWC UK.

Singapore businesses to get easier access to government support through AI-powered BizSG portal

Senior Minister of State for Trade and Industry Low Yen Ling (in red) announced the BizSG initiative at the SME Centre Conference on Sept 9.
Senior Minister of State for Trade and Industry Low Yen Ling (in red) announced the BizSG initiative at the SME Centre Conference on Sept 9.

Singapore retail sales growth slows to 1.5% in July as food, department store takings fall

Total retail sales were estimated at $4.4 billion in July, with online transactions accounting for 15.4 per cent of the total, down from 16.4 per cent in June.
Total retail sales were estimated at $4.4 billion in July, with online transactions accounting for 15.4 per cent of the total, down from 16.4 per cent in June.

Retailer sues interior design firm for $463,000 over delays in store opening, awarded $500

ReFormd claimed interior design firm Kopigi caused delays and failed to meet the mall landlord’s requirements, pushing the store’s opening back by about two months.
ReFormd claimed interior design firm Kopigi caused delays and failed to meet the mall landlord’s requirements, pushing the store’s opening back by about two months.

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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.