Reporting and analysis on retail, e-commerce, and consumer trends in Singapore, updated continuously by our newsroom.
Ransomware has rapidly moved from a “nuisance” to a public threat which could now endanger lives, a director of Singapore’s Cyber Security Agency told the CommunicAsia2017 conference on Tuesday. Ho Ka Wei, a director at the National Cyber Threat Analysis…
“They say ‘change is the only constant’, but change has never come at a faster rate,” said Ibrahim. “Convergence and disruption are transforming the way we operate. Every so often, we see another Airbnb or Uber come along, up-ending the way our economies…
Megaport Singapore, a subsidiary of Australia’s Megaport, has entered into an arrangement to provide enterprises with direct and scalable access to Alibaba Cloud via the Megaport global SDN. By accessing Alibaba Cloud Express Connect, a high-speed dedicated…
Dairy Farm Singapore Group (DFSG) has confirmed it is deploying 2,000 new unified point of sales (POS) terminals across all Cold Storage, Market Place, Jasons, Giant, 7-Eleven and Guardian stores island-wide. Over 650 stores are expected to receive the new…
A pullback by global competitors is giving Singaporean banks opportunities to expand their wealth management operations in Asia. The latest case in point came on May 11, when Oversea-Chinese Banking said it is buying National Australia Bank’s retail banking…
A Visa study has revealed that Singaporeans have the highest preference for electronic payments the in Southeast Asian region. According to the 2016 Visa Consumer Payment Attitudes survey, 87% of Singaporeans prefer making electronic payments to using cash,…
Equinix has completed its acquisition of 29 data centers in North and Latin America from Verizon Communications. The US $3.6 billion all cash deal includes over 1,000 customers, of which over 600 are net new, and approximately three million gross square feet…
The wait for Apple fans will be over soon. Apple Orchard Road – the official name of the Apple retail store here – will be opening its doors on May 27 at 10am. Close to midnight last night, workers were seen pasting the opening date on the white facade…
Singapore Airlines is cancelling several flights from its capital connect services later this year, in response to low demand during the off season. Since September, Singapore has flown Boeing 777-200 to Wellington via Canberra four times a week, a service…
A new spirits and cocktail retail ‘salon’ has opened in Singapore. Dubbed The Proof Flat, the new space is located on HongKong Street and is the third retail experience launched by Proof & Company — the firm also behind award-winning bar concepts 28 HongKong…
Sporting goods retailer Decathlon‘s biggest store yet in Singapore has opened its doors on Saturday (May 13) morning. Already boasting two mega stores here in the Republic – one at City Square Mall and another at Bedok, its third and largest outlet is located…
With Australian banks retreating from the retail business in Asia, OCBC has scooped up the retail and wealth business in Singapore and Hong Kong of Australia’s largest business bank, National Australia Bank (NAB), to bump up both its mortgage portfolio and…
Hugo Boss has opened a 95sq m store at Singapore Changi Airport Terminal 1. The Boss Menswear Store features a new interior concept featuring “clean, angular aesthetics” that has already been adopted by select stores in other cities. Hugo Boss considers the…
DBS Bank will partner logistics company DHL Express Singapore to reduce its carbon footprint, according to a joint press release by the two firms on Tuesday. The three-year partnership will enable the bank’s global express shipments to become carbon neutral…
Italian sportswear label Paul & Shark, produced and distributed by Dama Ltd, has opened two new monobrand stores: one in London, its first in the UK, and another in Singapore. The 200 m2 London store is located inside St. James’s Market, a newly re-developed…
Anchanto, a Singapore-based e-commerce logistics and selling platform, announced that Luxasia Group (Luxasia), Asia’s leading omnichannel retailer, and transcosmos inc. Japan (TCI), a TSE-listed global end-to-end e-commerce enabler, have made investments to…
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