Singapore will be the first country without mainstream cinema

[ChenShuang]

Just talked to my friend who is working in the bank and he told me that Singapore will be the first country without mainstream cinema

All the banks in Singapore have issued red alert to stop giving loans or credit facilities to the cinema operators.

However minor cinemas in Little India will continue to survive because these cinemas are serving the needs of foreign hardcore labourers.

 

[Narong Wongwan]

So cinemas all closed down?

 

[ChenShuang]

So cinemas all closed down?

Not all cinemas. Those cinemas that show Indian, bangla and Pinoy shows will survive.

Those mainstream cinemas will fold up within 24 months

 

[k1976]

Temasek, SoftBank among eFishery investors facing near wipeout​

Bloomberg
Tue, 25 February 2025 at 10:29 AM SGT5-min read

Indonesian startup eFishery incurred several hundred million dollars in losses between 2018 and 2024 and misrepresented its financial figures for years, according to the documents and a person familiar with the matter who asked not to be identified because the information isn’t public. (Photo: Dimas Ardian/Bloomberg) (Bloomberg)More
By David Ramli and Olivia Poh

(Bloomberg) — Investigators hired by the board of eFishery Pte. have determined the Indonesian startup is in far worse shape than they previously thought, and that investors are likely to get back less than 10 cents for every dollar they invested, according to documents seen by Bloomberg News.

The company, which deploys feeders to fish and shrimp farmers in Indonesia, incurred several hundred million dollars in losses between 2018 and 2024 and misrepresented its financial figures for years, according to the documents and a person familiar with the matter who asked not to be identified because the information isn’t public.

 

[laksaboy]

Just talked to my friend who is working in the bank and he told me that Singapore will be the first country without mainstream cinema

Probably a directive from the PAP regime's Davos masters.

Singapore: Southeast Asia's testbed for smart city solutions​

https://www.edb.gov.sg/en/business-...-asia-s-testbed-for-smart-city-solutions.html

 

[searcher1]

There isn't any great film that can attract movie goers back to cinema, looking forward to NeZha 2

 

[myfoot123]

There isn't any great film that can attract movie goers back to cinema, looking forward to NeZha 2

Just say Singapore, a small country, is saturated with malls and cinemas and they employed huge numbers of foreigners.

 

[ChenShuang]

There isn't any great film that can attract movie goers back to cinema, looking forward to NeZha 2

How often do u come across blockbusters ? However, cinema operators must pay cost 24/7

 

[ChenShuang]

These cinemas will survive and they make money from hardcore labourers

 

[ChenShuang]

 

[ChenShuang]