Reporting and analysis on retail, e-commerce, and consumer trends in Singapore, updated continuously by our newsroom.
Apparel brand Bossini International Holdings remains optimistic despite a slip in revenue and profit turning to loss for its six months to the end of December. It says growth is projected to continue rising in emerging markets and developing economies,…
NEC Asia Pacific held an event to officially launch the NEC SL2100 Smart Communications System in Singapore on 25 January 2018. The event was attended by over 70 participants consisting of partners and customers. The NEC SL2100 Smart Communications System is…
A tax will never be welcome, but it can be timely. The carbon tax that Singapore will levy on large polluters from next year is one such example. The tax – details of which were announced yesterday by Finance Minister Heng Swee Keat – comes against a backdrop…
The Macallan Quest Collection has launched in global travel retail following a month-long exclusive tie-up with DFS Group at Singapore Changi Airport. Quest, unveiled to members of the press during TFWA WE, initially launched across all four of Changi’s…
E-commerce start-up ShopBack is teaming up with online social networking service LinkedIn to hunt for its Chief Shopping Officer. The Chief Shopping Officer will identify the best deals and shop for him or herself at any of ShopBack’s 500+ merchant partners,…
We The People, a Singapore-based retail store, exclusively carries products that were developed through the online crowdfunding platform Kickstarter. It provides customers with a chance to buy Kickstarter products without having to wait or pay for shipping.…
UNIQLO yesterday announced a new collaboration with the tomas maier brand, famed worldwide for its casual yet designed lifestyle concept. The new tomas maierand uniqlo collectionis for women and men, and it will be available in early summer at selected…
Large emitters and environmental observers have welcomed the progressive implementation of the carbon tax, saying that it encourages companies to adopt energy efficiency measures while giving them the time to adapt to the changes. Singapore’s Finance Minister…
Singapore’s Finance Minister Heng Swee Keat announced at the country’s Budget 2018 yesterday, Feb 19, that Goods and Services Tax (GST) will be imposed on businesses providing digital services from Jan 1, 2020. These services include mobile applications, and…
Indonesia and Singapore have agreed to boost cooperation in investment and vocational education, especially in the industrial sector, with Indonesia offering the development of three industrial estates to Singapore. Indonesia’s Minister for Industry Airlangga…
Goods producing industries push the growth with 5.7% increase. Singapore economy grew by 3.6% for the whole year of 2017, faster than 2.4% growth in 2016. Goods producing industries, which include manufacturing and construction, posted the highest growth with…
Sunway Bhd’s unit Sunway Developments Pte Ltd (SDPL) and Singapore-based Hoi Hup Realty Pte Ltd have entered into a sale and purchase agreement with the collective majority owners of a 160-unit private residential estate in Clementi, Singapore for S$530.0…
Fashion house Fendi opened a flagship store in Singapore, marking the Italian firm’s fourth boutique in the city. Located in ION Orchard mall, the new store is Fendi’s most impressive to date in Singapore. Boasting a brightly-lit façade, the interior design…
Singtel has reported a 9% decline in profit for its fiscal third quarter to S$890 million ($671.7 million) as a result of declining voice revenues, higher costs and lower earnings from the operator’s regional mobile associates. Revenue for the December…
ShopBack, the leading online Cashback platform in Southeast Asia, observes a stronger head start in 2018 for Malaysia as compared to Singapore. “Further to our positive performance in the Q4 2017, almost 20% more digital transactions went through ShopBack…
Indonesia AirAsia added two new Singapore (SIN) services from Medan (KNO) and Padang (PDG) on 9 February. The 621-kilometre Medan link and the 472-kilometre Padang connection will both be served with daily flights operated by A320s. The LCC faces incumbent…
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