Business closures

Korea Artiz Studio taken to court over alleged non-payment of employees’ CPF contributions

Korea Artiz Studio apparently ceased operations on Aug 14 over unpaid salaries.

Business closures in Singapore jump almost 13% but openings still outpace shutdowns

The construction industry saw the sharpest rise in closures in the first seven months of 2026.

Japan Home licenses Singapore retail stores to Valu$ owner Radha Exports

Japan Home has licensed the operation of its stores to Radha Exports to operate its remaining Singapore stores.

Korea Artiz Studio premises taken back by hotel after bridal shop stops operations over unpaid wages

Korea Artiz Studio abruptly ceased operations on Aug 14.

Japan Home closing outlets; staff say Valu$ taking over operations

There was no update on the operating status of Japan Home’s outlets on its website.

CASE gets 66 complaints involving over $270,000 in losses after Korea Artiz Studio stops operations

Singapore’s consumer watchdog said it received reports that Korea Artiz Studio had abruptly ceased operations.

Halal-certified steakhouse Tomahawk King set to shutter after Sept 20

Tomahawk King, known for its halal large-format steaks, is set to shutter after eight years, with its final service date expected to be Sept 20.

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.

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.

Home-grown gelato favourite Tom’s Palette to shut after 21 years

In a video posted on its Instagram account, Tom’s Palette announced that it would be closing in mid- to late October.

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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.