Reporting and analysis on retail, e-commerce, and consumer trends in Singapore, updated continuously by our newsroom.
Singapore Telecommunications Limited (Singtel) has divested approximately 0.8% of their direct investment in their regional associate, Airtel. The sale generated SGD 1.5 billion, marking an important step in Singtel’s ongoing plan to streamline operations via…
The Singapore FinTech Festival (SFF) 2025, the country’s premier annual financial technology event, is set to begin this week. The highly anticipated conference will feature over 800 speakers covering a myriad of topics within the industry. Looking Ahead to a…
OCBC, the Singapore-based banking corporation, has reported that its profits remained stable in the third quarter of 2025. The bank’s net earnings for the period matched the previous year’s figures, standing at approximately S$2 billion ($1.5 billion). Income…
Retail sales in Singapore continued their upward trajectory in September, albeit at a slower rate than in August. Retail Sales Trend In September, retail sales, excluding motor vehicles, rose by 2 per cent. This is a slight dip compared to the 4.7 per cent…
Once a beloved destination for dessert lovers, Singapore’s bakery cafe chain, Twelve Cupcakes, has entered a temporary state of liquidation. This unfortunate circumstance has led to the immediate closure of all its 20 establishments and the termination of…
Coach, the well-known American fashion brand, has expanded its horizons into the hospitality industry by introducing The Coach Restaurant in Singapore’s Jewel Changi Airport. This venture is a part of the brand’s wider lifestyle strategy. Design Inspired by…
HSBC is making a significant stride into the Singaporean market with the establishment of its Innovation Banking division. This move is marked by a considerable investment of $1.5 billion, aimed at promoting rapid expansion firms and improving the local…
Indonesia-based fashion brand, Buttonscarves, has recently established its premiere standalone store in Singapore. The new outlet is conveniently situated in the bustling Jewel Changi Airport. Store Overview Located on Basement 1 of the complex, this boutique…
In a joint venture with Ericsson and HP Inc, Singtel has launched a service featuring the Ericsson Enterprise Virtual Cellular Network. This service automates eSIM profile management, allowing zero-touch provisioning and secure access to corporate…
Between July and September 2025, Singapore Changi Airport experienced a 3.1% year-on-year increase in passenger movement, handling approximately 17.3 million passengers. The number of aircraft movements, encompassing takeoffs and landings, remained fairly…
In a recent speech, DBS CEO Tan Su Shan discussed Singapore’s approach to the current unpredictable macroeconomic climate, emphasizing the role of trust as a crucial factor for ongoing success. Trust as the Foundation of Singapore’s Success Tan Su Shan…
In the yearly global city rankings, Singapore has managed to hold onto its fifth place, trailing only behind Tokyo in the Asia Pacific region. This city-state has continued to strengthen its status as a top international education center and a leading pioneer…
Singapore’s adult commuters will soon face a 9-10 cent (0.07-0.08 USD) increase in their public bus and train fares per trip, corresponding to an overall public transport price increase of 5%. Rising fares from December 27 Starting from December 27, the base…
Fintech platform, iCapital, is reportedly planning to expand its presence in the Asia-Pacific region, including in cities such as Hong Kong, Singapore, and Australia. Expansion in Singapore iCapital is currently relocating to a larger office in Singapore,…
Singapore, during the maiden “Europe Conference 2025”, solidified its position as a reliable conduit connecting Europe and Asia, fostering sustainability, innovation, and enduring collaboration across the continents. The Singapore Business Federation (SBF)…
A recent study by Airwallex, an international financial platform, reveals an overlooked financial burden weighing heavily on Singapore’s workforce. The study shows that a significant portion of workers are spending a substantial amount of money on…
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