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Singapore Retail News

Reporting and analysis on retail, e-commerce, and consumer trends in Singapore, updated continuously by our newsroom.

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3 Nov 2016

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singpost
Maria SantosLogistics

SingPost opens regional ecommerce logistics hub in Singapore

Singapore Post Limited (“SingPost”) announced the launch of its Regional eCommerce Logistics Hub (“eComm Log Hub”) located at the Tampines Logistics Park. The S$182 million facility is SingPost’s largest eCommerce logistics investment in Singapore to date.…

the luxury
Minjun ParkReal Estate

The Luxury Collection Hotels & Resorts makes Singapore debut

The Luxury Collection® Hotels & Resorts, part of Marriott International, today announced it will debut the brand’s first-ever hotel in Singapore in early 2017. In partnership with boutique developers Harpreet and Satinder Garcha, The Duxton Club, a Luxury…

starhub office
Aiko TanakaTelecom

StarHub, Nokia achieve 4.3Gbps speeds over cmWave

Nokia and Singapore’s StarHub have jointly demonstrated speeds of 4.3Gbps and 1ms latency using 5G centimeter wave (cmWave) frequencies. The company’s have been trialing Nokia’s AirScale integrated radio access network platform over StarHub’s live mobile…

kfc 3
Minjun ParkFood

KFC Malaysia parent plans IPO

KFC Malaysia parent QSR Brands (M) Holdings, is arranging an IPO next year expected to raise about US$500 million. The company, which has both KFC and Pizza Hut restaurant concessions in Southeast Asia, Citigroup, Credit Suisse Group and Malayan Banking will…

OCBC
Rajiv MenonFinance

OCBC adds Siri, iMessage support to Pay Anyone

OCBC Bank has integrated its Pay Anyone e-payment service with Siri and iMessage to enable peer-to-peer payments supported by voice and messaging technology OCBC has enabled payment commands on its mobile banking app to be facilitated via Apple’s Siri or…

Singapore bg
Sarah ChenLiving

Singapore lauded as top cruise destination once again

Singapore was just named top cruise destination by industry experts for a second time in three years at the 10thSeatrade Cruise Awards last Thursday (Sep 22). This accolade is another feather in the cap for Singapore, which was voted as the top Asian port of…

astro
Minjun ParkLiving

Astro partners StarHub to offer Go Shop in Singapore

Astro Malaysia Holdings Berhard (Astro), a leading media company in Malaysia, and StarHub Cable Vision Ltd. (StarHub), a leading info-communications company in Singapore, have entered into a partnership to offer Go Shop, a 24/7 shopping destination on TV,…

anz
Rajiv MenonFinance

ANZ suffers $265m hit over Asia exit

ANZ has taken a major step toward exiting Asian retail banking and wealth management with an agreement to sell businesses in five countries to Singapore’s DBS bank. Australia’s fourth-largest lender on Monday said DBS will pay book value plus $110 million for…

pomelo
Maria SantosE-Tailing

Pomelo boosts funding to $11m

Thai online fashion retailer Pomelo has raised a follow-on round, bringing its total Series A funding to US$11 million. This round was again led by Singapore-based Jungle Ventures, with participation from existing investors and new contributors including 500…

MacBook Pro Generic 001
Maria SantosElectronics

This is how much the new MacBook Pro will cost in Singapore

The hotly-anticipated Touch Bar Mac machines are here and they are packed with shiny upgrades. Apple has launched two new models that are thinner and lighter than ever – a 13-inch MacBook Pro (14.9mm) and a 15-inch MacBook Pro (15.5mm). The key features on…

Deutsche Bank
Rajiv MenonFinance

Deutsche Bank woes may lead to job cuts in Singapore

The problems at Germany’s largest lender, Deutsche Bank, which has seen its share price tumble to record lows on concerns of a looming US$14 billion (S$19 billion) fine by US authorities, could raise questions over the fate of some of its 2,100-strong…

redmart team photo
Rajiv MenonE-Tailing

Lazada in talks to buy Redmart for rumored $30m to $40m

Southeast Asia ecommerce portal Lazada is reportedly in talks to buy online grocery provider Redmart. The acquisition amount is said to be around US$30 million to US$40 million, which if true, is in the low range given it raised US$26.7 million last year.…

Screenshot 2016 10 29 07.46.47
Sarah ChenFashion

H:Connect brings Korean style to Singapore

Contemporary South Korean fashion brand H:Connect, fronted by Korean celebrity Yoona of Girls’ Generation, has officially opened its first Southeast Asian store at Bugis Junction in Singapore. The brand plans to make the most of the rising appeal of hallyu,…

ZALORAxAIJEK 00
Sarah ChenFashion

Zalora Support Three Local Designers at Singapore Fashion Week

ZALORA, Asia’s online fashion destination, today announced its partnership with Singapore Fashion Week as the Official E-Tail Partner. This is the second time the online fashion brand is taking part in one of the region’s biggest fashion events of the year.…

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