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News
66 complaints, S$271K+ in losses: Korea Artiz Studio abruptly ceases operations in S'pore
37+ min ago (318+ words) A notice shared on Reddit on Tuesday (August 18), purportedly displayed outside the studio’s Bras Basah outlet, claimed employees had not received outstanding salaries due to “internal operational issues” and said management had not provided any clear update on the company’s…...
As retrenchments rise in S’pore, more white-collar workers are turning to unions for help
2+ mon, 1+ week ago (657+ words) More white-collar workers are turning to unions and trade associations for help after losing their jobs. The National Trades Union Congress (NTUC) has also seen more cases of retrenchments due to business restructuring recently, said its assistant secretary-general Patrick Tay....
Singapore workers’ real wages grew by 4% in 2025 as inflation cooled: MOM
2+ mon, 3+ week ago (377+ words) Nominal wages of full-time resident employees grew by 4.9% at a slower pace in 2025 than 2024’s 5.6%, the Ministry of Manpower (MOM) reported on Thursday. This comes amid Singapore’s overall inflation dropping sharply from 2.8% in 2024 to 0.7% in 2025, which MOM said could have contributed…...
Who is Dr Tan Kim Yong? The founder behind Hao Mart, AIM Corp, and a supermarket legal battle
3+ mon, 3+ week ago (750+ words) Once a materials specialist, Dr Tan Kim Yong opted for a completely different career path and opened convenience store Hao Mart in 2016. Since then, however, the journey of Hao Mart has been a roller coaster ride, fuelled by expansion plans…...
Commentary: 2025 was another tough year for small businesses. Here’s what still worked.
7+ mon, 6+ day ago (933+ words) For many frontline businesses in Singapore, 2025 offered little relief. Across F&B, retail, and service sectors, shrinking local spending met intense competition from new entrants. At the same time, rental costs, manpower shortages, and operating expenses continued to climb. For…...