Reporting and analysis on retail, e-commerce, and consumer trends in Singapore, updated continuously by our newsroom.
CapitaLand Mall Trust, an owner of retail malls in Singapore, is the largest listed real estate investment trust (REIT) in Singapore. But, mere size alone does not guarantee that shoppers will keep coming back to its portfolio of malls. To ensure a steady…
Two fashion brands will bow out of the challenging retail scene here before the year is out. Eight stores in various malls showcasing the British brand New Look and French menswear chain Celio will close in the second half of the year, said distributor Jay…
Billionaire businessman Solomon Lew has unveiled a new target of 100 new Smiggle UK stores by Christmas. A further 40 to 60 of the popular stationery stores are planned to open in the UK each calendar year from 2017 to 2019. Smiggle is the highlight of Mr…
SingTel has forged a strategic alliance with Inmarsat to jointly offer cyber security tools for the global maritime industry. Under the partnership, Trustwave, the cyber security arm of Singtel, will provide its Unified Threat Management (UTM) managed…
Maybank is planning to “aggressively expand” its retail small and medium enterprises (RSME) financing across Singapore and the region, it said on Monday. The bank will be lending money to more businesses with revenues of up to $20 million, termed “retail…
NetSuite Inc. (NYSE: N), the industry’s leading provider of cloud-based financials / ERP and omnichannel commerce software suites, today announced that Teak & Mahogany, a Singapore-based B2C and B2B merchant of fine outdoor and indoor furniture and…
Kerry Logistics announced that its subsidiary, KLN (Singapore) Pte Ltd, has been awarded concession to operate inland ports in Yangon and Mandalay, two major commercial cities in Myanmar. The awarding ceremony organised by the state-owned Myanma Railways…
Inmarsat has announced it will use its new Global Xpress (GX) satellite fleet to provide in-flight connectivity services for the airline industry. The company will launch its Global Xpress Aviation offering this year, and has already arranged to serve initial…
Philippines conglomerate Century Pacific Group has partnered with Singapore’s sovereign investor GIC to buy the parent of Shakey’s Philippines, the pizza restaurant chain. The tie-up will acquire majority of of the business from the Prieto family, which will…
Italian luxury leathergoods supplier Furla will showcase its FW16 collection at the upcoming Tax Free World Association Singapore show in May. According to the company, the new Furla bags embody the rebellious spirit, typical of the music scene, from rock to…
Singapore’s three telcos have unveiled plans to offer NFC-enabled service for the country’s public transport network, enabling mobile users to pay for their fares using their smartphones. All three operators issued statements today, alongside a separate…
TANGS has announce that Mr Kevin M. Dyson will be appointed Chief Executive Officer (CEO) with effect from 1 April 2016. He will also be appointed as a member of the Board of Directors of C.K. Tang Limited. According to a release from TANGS, effective 1 April…
Growing online sales will not undermine demand for Asian retail real estate, according to the last CBRE study of major international brands. For the seventh edition of How Active Are Retailers Globally?, the real-estate company looked at more than 150 major…
Singaporean audiences can soon look forward to more exciting “Made in Singapore” content from as early as the third quarter of this year. StarHub’s new wave of Public Service Broadcast (PSB) lineup includes of travelogues shot in “the most exotic” corners of…
Singapore’s OCBC Bank has launched a new mobile banking app designed for the Apple Watch. With the app, users can have instant access to their personal banking information, including the full list of their balances – bank accounts, cards and investments,…
Singapore’s M1 has launched a range of bundled fiber and business communications plans tailored for small and home offices. The company’s new SOHO Fibre Broadband plan includes a symmetrical 1Gbps fiber connection as well as business services including web…
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