In July last year, Teo Heng KTV announced that it will be closing down half of its 14 outlets in Singapore due to COVID-19. However, when Vulcan Post spoke to Teo Heng KTV last October, it said that it has reinstated and returned only two outlets — Katong and Sembawang — in …
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Founder Bak Kut Teh is a homegrown heritage brand with 42 years of history. It announced yesterday night (30 September) on Facebook that it will be closing its Bugis outlet with effect from 1 October. “Singapore food business is suffering and we continue to struggle like many other local F&B …
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“The (Covid-19) pandemic has set us back by at least three to five years,” says Edmund Wee, founder of local publishing house Epigram Books. “There are no plans for growth. We need to consolidate for the next few years in order to survive this pandemic.” If not for the Covid-19 …
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Argo AI, the self-driving startup with close ties to automaker Ford, today announced the close of a $ 2.6 billion investment from Volkswagen (VW) first revealed in summer 2019. It values the company at $ 7.25 billion, up slightly from the roughly $ 7 billion at which Argo was valued …
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As Singapore extends the ‘circuit breaker’ period, many sectors have been badly impacted, such as hospitality, travel and tourism, retail, as well as F&B. In a bid to cut costs, many companies have even imposed pay cuts as well as salary and hiring freezes. The National Wages Council has advised …
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(Reuters) — Apple said late on Friday it will close all its retail stores, except those in Greater China, for the next two weeks to minimize the risk of coronavirus transmission. “We will be closing all of our retail stores outside of Greater China until March 27,” Apple CEO Tim …
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