Culture

Superfood Kitchen to liquidate with closure of last outlet in Raffles City
It has been incurring accumulated losses; negotiations with potential buyer did not go through[SINGAPORE] Local eatery Superfood Kitchen will enter voluntary liquidation with operations at its last outlet, in...

SoftBank, Rakuten tap Japan’s booming retail demand for bonds
SALES of corporate bonds to Japan’s mom and pop investors are booming, on track to surpass last year’s record as bigger returns draw buyers looking to protect their savings...

Hiap Seng Engineering employee killed in workshop accident
The group will take necessary measures to prevent the recurrence of such an incident[SINGAPORE] An employee died in an accident at the workshop of construction firm Hiap Seng Engineering...

‘Undervalued’ CapitaLand Ascott Trust presses on with diversification for stability and growth
[SINGAPORE] The share price of CapitaLand Ascott Trust (Clas) – the largest lodging trust in the Asia-Pacific by total assets – is undervalued, said Serena Teo, the chief executive...

Indonesia’s gas crunch strains domestic industries, may shake trust in exports
[JAKARTA] Indonesia’s growing gas shortage is forcing the government to prioritise domestic industries – a decision which analysts said could undermine its credibility as an exporter and push long-standing...

iFast chief Lim Chung Chun ups shareholding
[SINGAPORE] Over the five trading sessions from Aug 22 to 28, institutions were net buyers of Singapore stocks, with net institutional inflow of S$33 million, partially reversing the S$53...

Retail S-Reits see lower cost of debt and positive rental reversions as retail sales improve
[singapore] Seven Singapore-listed real estate investment trusts (S-Reits) with local retail assets have posted mixed results in revenue and net property income. Retail S-Reits’ debt costs fell with lower...

Hybrid-focused Japanese automaker Suzuki “not too worried” about EV-first China brands like BYD
[SINGAPORE] China electric vehicle (EV) brands are making fast and furious sales in the Asia-Pacific, but Japanese carmaker Suzuki is not going head-to-head with them. Recognising that the EV...