News

Cathay Cineplexes in the news as mm2 mulls cinema Catalist spinoff

MAINBOARD-LISTED mm2 Asia, the owner of Cathay Cineplexes, is evaluating a spinoff of its cinema business onto the Singapore Exchange's junior Catalist board.

Companies' leverage risk worsens as earnings fall and debt rises

FIRMS are at a greater risk of failing to meet their debt obligations as leverage risk continues to worsen on weaker earnings and rising debt.

2021 to bring more corporate distress

THERE is more corporate distress ahead next year as private markets will draw a clearer line between enterprises that will survive, and those who are due to downsize or disappear in the midst of a...

CapitaLand sells three Japan malls, Seoul office block for S$448m; enters Japan logistics sector

CAPITALAND has divested three malls in Japan and an office building in South Korea for a total of S$448.7 million, as part of its ongoing portfolio reconstitution strategy, it said on Tuesday...

Top Glove under investigation over Covid-19 outbreak; UG Healthcare to test workers

TOP Glove is cooperating with the Malaysian authorities on investigations into its worker dormitories, the glove-maker announced in a press statement on Tuesday evening.

Retail landlords must reinvent the shopping mall to thrive in new normal

IN recent years, retail landlords have been working to tweak their tenant mix by bringing in more activities and food & beverage (F&B) tenants, but the pandemic has shown that landlords...

The mall is dead, long live the mall

IT survived multiple economic depressions, two world wars and a catastrophic fire. But after 162 years, Robinsons will be no more.

Singapore Oct visitor arrivals up, but still at a minuscule 13,400

VISITOR arrivals to Singapore jumped 41.1 per cent to 13,400 in October, though the tourism industry's performance remains a vast distance away from pre-pandemic times, according to latest...

SingPost's loss-making Indian e-commerce logistics unit under liquidation

THE India unit of Quantium Solutions (QS), the e-commerce logistics business of Singapore Post (SingPost), has been placed under voluntary liquidation, the mainboard-listed firm announced in a...

mm2 evaluating Catalist listing of cinema business

THE board of mm2 Asia is evaluating a spin-off of its cinema business and a listing on the Catalist board, the mainboard-listed firm announced in a Tuesday bourse filing after trading hours.

Restaurant industry has yet to tap full potential of technology, say industry players

THE restaurant industry has digitalised at an unprecedented rate amid the Covid-19 pandemic, but restaurateurs still have a long way to go in maximising the benefits of technology and data in...

 

Emerging Enterprise award

Closes August 28, 2020