Business closures

Volkswagen to slash up to half its models as carmaker tries to tackle a historic crisis

Volkswagen did not comment on what sources have said about up to 100,000 job cuts and factory closures, which drew massive worker protests across company sites on July 9.

Forum: Balancing director accountability with sound corporate governance

From bust to boost – how former food bosses in Singapore are helping others survive

(Clockwise from top left) Rathakrishnan Ramaiyan, who recently closed his restaurant The Black Sheep Cafe; Kith Cafe founder Jane Hia; Ryan Kieran Tan, who ran six cafes serving specialty coffee; and former Prive Group chairman Yuan Oeij.

Tim Ho Wan to close first Singapore outlet at Plaza Singapura after 13 years

Hong Kong dim sum chain Tim Ho Wan will host a customer appreciation dinner event on July 12.

HDB-themed cafe Lou Shang to close on July 14

Kam’s Roast Express to leave Ion Orchard foodcourt after 5 years of operations

A Food Republic spokesperson said Kam's Roast was offered a renewal at prevailing market rates with the first right of refusal.

Food Republic’s last Beijing outlet to close on June 15 after 26 years of operations

There are 14 Food Republic outlets in Singapore, according to its website.

Tropical storm Jangmi batters Japan, cuts power to 60,000 homes

A toppled tree amid rain from Typhoon Jangmi in Tokyo on June 3.

Jumbo Seafood to close flagship East Coast Seafood Centre outlet on Sept 30

The outlet was established in 1987 as the first location of the Jumbo Seafood restaurant chain.

Commentary

Retrenchments: Why early disclosure may do more harm than good

Investors value Singapore’s labour market flexibility; it is part of what keeps investment here and sustains good jobs, says the writer.

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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.