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Small businesses group calls for retail lease reforms amid soaring rent
Small businesses group calls for retail lease reforms amid soaring rent

CNA

time2 days ago

  • Business
  • CNA

Small businesses group calls for retail lease reforms amid soaring rent

The Singapore Tenants United for Fairness, which represents more than 700 business owners, businesses, is calling for retail lease reforms, such as rental caps and limits on foreign-owned shops. It is already in talks with Enterprise Singapore and hopes to reach some agreement in the coming months. Retail rents jumped 1.9% islandwide in the first quarter of the year, according to the Urban Redevelopment Authority. In that time, an average of 450 retail stores have shuttered monthly. Kate Low reports.

Survivors of online harms not getting the support they need: SG Her Empowerment survey
Survivors of online harms not getting the support they need: SG Her Empowerment survey

CNA

time6 days ago

  • General
  • CNA

Survivors of online harms not getting the support they need: SG Her Empowerment survey

A new study by non-profit organisation SG Her Empowerment (SHE), which surveyed 25 survivors of online harms, has found that they are not getting the support they need. The survivors cited complex legal systems, delayed platform responses and societal stigma. SHE is calling for a system that allows survivors to report to a central agency, and for harmful content to be taken down quickly. Kate Low reports.

SIA has strong balance sheet to withstand any shock that may come: CEO
SIA has strong balance sheet to withstand any shock that may come: CEO

CNA

time16-05-2025

  • Business
  • CNA

SIA has strong balance sheet to withstand any shock that may come: CEO

Singapore Airlines has sounded a note of optimism, despite the global uncertainty. It said it has S$10 billion in fixed deposits and another S$3.3 billion in undrawn credit lines to withstand any slowdown in business. These include the potential impact of shifting tariff policies and geopolitical uncertainty. Still, the firm said the challenges ahead pale in comparison to those it faced during the COVID-19 pandemic. SIA has announced more than 7.45 months worth of bonuses for its employees amid a record annual profit of S$2.8 billion. Kate Low reports.

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