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Sold: Art SG 2024 sees record 45,300 visitors, speedier sales

Many booths had already placed works with collectors within hours of the VIP preview. Read more at straitstimes.com. ....

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Mega Gallery Pace Is Expanding to Tokyo

Pace's newest gallery space will be located in Azabudai Hills, a sprawling development in central Tokyo. ....

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Mexico's culture crisis: pandemic leads to budget cuts that leave many workers unpaid while vanity projects receive millions

The Palacio de Bellas Artes in Mexico City is one of the country’s largest cultural centres. It is among several public arts institutions that has been employing staff members on more precarious freelance contracts
Milton Martínez/Secretaría de Cultura de la Ciudad de México
As Mexico’s cultural economy enters the second year of the pandemic, a funding crisis and accusations of favouritism towards a few projects are threatening the long-term survival of the country’s publicly funded museums and heritage sites.
Citing corruption and waste under previous administrations, centre-left President Andrés Manuel López Obrador announced hefty budget cuts across all government departments in May 2019. The ministry of culture lost 75% of its operating budget and expects to receive just $693m this year, a severe blow to arts institutions and those who depend on them for their livelihoods. ....

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