Chili’s Singapore blames tightening of foreign worker quota for its closure

Last month, Chili’s Singapore announced the closure of its restaurant chain. Chili’s Singapore was run by Belgarath Investments through GDA Restaurants, which was Chili’s franchisee. It had 3 stores in Singapore at Tanglin Mall, Resorts World Sentosa and Clarke Quay Central mall. Mr Greg Blakney, managing director of Belgarath Investments, blamed the new foreign-worker quota announced by the government in …

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Nikkei: “Mighty” SPH’s star fading as advertisers and subscribers moved online

Nikkei Asian Review reported on Wed that the once “mighty” Singapore Press Holdings (SPH) continues to lose advertisers and investors and has now got most of its earnings from property (‘Singapore Press Holdings loses advertisers and investors’, 10 Apr). “Once a sought-after stock due to its substantial dividend, SPH has seen its star fade as advertisers and subscribers moved online …

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First F-35 outside US crashed into the sea

Reuters reported today (10 Apr) that an F-35 stealth fighter belonging to Japan had crashed into the Pacific Ocean and its wreckage had been found. The pilot, however, remains missing. The aircraft, less than one-year-old, was only in the air for 28 minutes yesterday before it crashed. “We recovered the wreckage and determined it was from the F-35,” a spokesman …

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Heng goes against LKY’s wish to have fewer foreign workers

Nine years ago in 2010, then former Minister Mentor Lee Kuan Yew said at a public dialogue that Singapore should scale back its need for foreign workers (‘Fewer foreign workers in five years, says MM‘, 28 Jan 2010). The founding Prime Minister gave a 5 year time frame to the government to reduce the inflow of foreign workers. To make …

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