China Club at Capital Tower closes for good after years of losses

  • 📰 The Straits Times
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 63%

Singapore Headlines News

Singapore Latest News,Singapore Headlines

SINGAPORE (THE BUSINESS TIMES) - The China Club Singapore, a members-only club that has been a networking ground for many corporate executives, is closing for good after suffering years of losses amid stiff competition and rising costs.. Read more at straitstimes.com.

SINGAPORE - The China Club Singapore, a members-only club that has been a networking ground for many corporate executives, is closing for good after suffering years of losses amid stiff competition and rising costs.

In a letter signed off by general manager Andrew Mah, China Club said that it has been facing stiff competition posed by new food and beverage establishments that emerged in the vicinity. Despite the management's best efforts, China Club therefore suffered losses for"a few years" and will no longer be able to remain financially viable."It is with deep regret that we will have to file for voluntary liquidation and close the club," it added.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Not surprised at all...went there and said you needed membership to dine there...

Oh this is truly sad! It is so absolutely beautiful there.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 8. in SG

Singapore Latest News, Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

China needs to up its birthrate: China Daily contributorsIn the article, the writers suggest that China's Ministry of Finance could consider the overall distribution of maternity subsidies.. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »

US-China accident risk is highest in the South China SeaSINGAPORE (BLOOMBERG) - As China and the US trade barbs over everything from trade to Covid-19 to Hong Kong, the two powers are at greater risk of careering into physical confrontation. And nowhere are their warships and fighter jets coming as close to each other, with as much frequency, as the South China Sea.. Read more at straitstimes.com. impossible. US only bullies small fries, dare not even touch rocket man.
Source: The Straits Times - 🏆 8. / 63 Read more »

Explainer: Hong Kong's China national anthem Bill aims to legislate 'respect'Hong Kong's legislature is moving forward on a controversial bill that would criminalise abuse of China's national anthem. Of Com'on , HK didn't got any law to protect the anthem and the flags against abuse ? This is basic law man .... ffs Which country in this world that she doesn't care own citizens respect or not their national flag and anthem? US? UK? MR. TRUMP WILL SHOW HIS COLOR IF ANY AMERICAN NOT RESPECT FLAG..
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

What is Hong Kong's China national anthem Bill?HONG KONG (REUTERS) - Hong Kong's legislature is moving forward on a controversial bill that would criminalise abuse of China's national anthem. A second reading of the Bill is being held in the legislature on Wednesday (May 27). Protests outside the legislature are expected.. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »

Hong Kong 'hard to see' as finance hub if China takes over, says White HouseWASHINGTON (AFP) - President Donald Trump is 'displeased' with China's proposed crackdown in Hong Kong and has doubts over the territory's future as a global financial center if it goes ahead, the White House said on Tuesday (May 26).. Read more at straitstimes.com. The end of Hongkong, but it’s a new beginning of a revolution. Something is going to be wrote in history. FightForFreedom Nothing to do with USA unless USA wants to destroy China through HKG, also must have financial interest there! Fact! Hongkong always belongs to China, China's fishing village! China was robbed by the British, China was cut into pieces during her weakest time! China is harmless! However, the real Mainland Chinese are low class with monies though, and has no polished manners like the Japanese, also very dirty, need to learn physical and civil hygiene. They should teach that in schools!
Source: The Straits Times - 🏆 8. / 63 Read more »

YouTube says removal of China comments 'an error'WASHINGTON, DC: YouTube said on Tuesday (May 26) it was investigating the removal of comments critical of the Chinese Communist Party from the ... Cocksuckers CCP has so much control over an app that is basically banned in mainland. And soon we will be all in the mercy of CCP hiro_hamakawa Evils
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »