Reporting and analysis on retail, e-commerce, and consumer trends in Singapore, updated continuously by our newsroom.
Singapore brands continue to eye growth in China despite increased domestic competition, higher costs and a slowdown in the world’s second-largest economy. For some, China provides an alternate avenue for growth in sectors such as property and retail, helping…
Singapore Exchange (SGX) welcomed Dasin Retail Trust to Mainboard under the stock code “CEDU”. Dasin Retail Trust is the first SGX-listed China retail property trust providing direct exposure to the fast-growing Pearl River Delta region. Dasin Retail Trust’s…
Singapore Airlines is “pleased” with the number of passengers flying in and out of Canberra although a federal government report has revealed lots of empty seats on its first flights. A report into international airline activity in September by the Department…
Singapore Airlines (SIA) marks another milestone as they celebrate their 70th anniversary across the globe with exciting deals, service expansion, and the largest showcase and travel fair for its Filipino patrons. According to Carol Ong, SIA general manager…
Challenging market conditions continued to hit office and retail rents in the fourth quarter, although there are signs pointing to a brighter outlook for some landlords. Office rents fell by 1.8 per cent from the third quarter to the fourth quarter last year,…
“The weak external economy did not help. It continued to weigh down on the creation of new businesses here resulting in limited new demand,” Chua said. “Tenants are very price sensitive and in today’s tenant favourable market, landlords maintained a…
Italian luxury leather brand Tod’s Singapore has opened its second outlet, at The Shoppes at Marina Bay Sands. Its new location features cool tones with silver and taupe leather-lined displays. It is the first store with the new concept in Asia, preceded only…
While Internet-based competition has created serious issues for traditional retailers, the Internet is now benefiting established retailers by becoming a conduit for substantially reducing their computer network costs while offering increased flexibility,…
Private home prices in Singapore fell and rents continued to soften in the last quarter of 2016 but a decrease in the number of vacant units suggests the market may be nearing a bottom. According to Urban Redevelopment Authority (URA) statistics for the…
Landlords and retailers are off to another bumpy ride. The retail outlook for this year seemed to still be on the cloudy side for both retailers and landlords. According to Knight Frank’s latest Singapore Retail Bulletin, average rents in the Central Region…
Singapore-based mobile classifieds marketplace Carousell recently announced that it has acquired Duriana, a Malaysian-based mobile-first, fashion and lifestyle marketplace in Southeast Asia. It was the company’s third acquisition in less than six months,…
The government and state owned enterprises have sent a strong signal that they will strengthen the role of Tanjung Priok Port as an international trade hub, taking over a slice of the transshipment market currently dominated by Singapore. Transportation…
Singapore’s M1 has reported a 16.1% slump in net profit for 2016 to S$149.7 million ($105.3 million), blaming lower international call and roaming revenues as well as rising expenses. The operator’s service revenue for the year fell 2% to S$805.5 million, due…
In a sign of a tepid increase in inflation, the Monetary Authority of Singapore reports that consumer price inflation rose to 0.2% in December from 0.0% in November, due to a larger increase in private road transport cost, which rose 1.7% over the month…
Retail and office landlord Suntec REIT has reported a DPU of 2.596 Singapore cents for its 4Q FY2016, 5.6% lower year-on-year than the 2.750 cents recorded in the corresponding period of 2015. Correspondingly distributable income of SGD66.1 million (USD46.5…
Nanyang Technological University, Singapore (NTU Singapore) has launched its seventh satellite, the AOBA VELOX-III, into space from the International Space Station (ISS) on 16 January. It is the first Singapore satellite to be launched from the ISS, the…
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