Reporting and analysis on retail, e-commerce, and consumer trends in Singapore, updated continuously by our newsroom.
Solbevi, the Australian creator of an Italian-inspired Limoncello Spritz, has recently revitalised its distribution in Singapore. This development follows a shift in local distribution partners, which confirms the availability of the company’s canned…
Marmite, the unique British food spread revered for its savory umami flavor, has reportedly disappeared from the shelves of Singapore’s major supermarket chains and retail outlets. This comes as a surprise to the local populace who have grown to love the…
In the second quarter of 2026, Singapore’s Changi Airport recorded 17.2 million passenger movements, representing a slight 1.5% decline compared to the same period in the previous year. Despite this, the airport saw a 0.4% increase in passenger traffic in the…
HSBC has announced that it will sell its life and health insurance division in Singapore to Germany’s Allianz. The deal, which values the unit at SGD2.7 billion (US$2.09 billion), is expected to produce a pre-tax gain of US$1.8 billion for HSBC and…
Bigmama, a beloved Korean eatery in Singapore, has officially closed its doors after a successful run of more than a decade. The owner made the sad announcement in a series of heartfelt social media posts and comments on Monday, revealing that the restaurant…
Singapore Exchange (SGX), the country’s stock exchange, has announced that it will introduce depository receipts for three major tech companies: SpaceX, Grab, and Sea. This announcement was made on Tuesday, with the trading of the depository receipts set to…
CIMB Group, Malaysia’s second-largest bank in terms of assets, has announced its intention to expand its private wealth business to Singapore and Thailand by the end of the year. This move is part of a larger plan to double the bank’s wealth assets under…
A new national resale record has been set in Queenstown, Singapore, after a two-bedroom public housing flat fetched a whopping SGD696,000 (US$539,000). The sale, completed on July 16, involved a unit located on a high floor at SkyParc @ Dawson. This…
After dropping out of school at 16, Chua Thian Poh embarked on a business venture that would ultimately lead him to become a pioneer in Singapore’s prestigious Sentosa Cove with his company, Ho Bee Land. Today, Sentosa Cove is an exclusive residential…
American fast-food chain Chick-fil-A is set to expand its footprint in Singapore with the inauguration of its second restaurant, located at Millenia Walk, on July 30th. This new establishment forms part of the company’s strategic growth plan following its…
Established Danish electronics manufacturer, Bang & Olufsen, recently unveiled its flagship store at Singapore’s Scotts Square shopping complex. With a retail area of approximately 2853 square feet, this site represents the company’s first Culture Store in…
Singapore’s retail sector experienced continued growth in May, albeit at a slower pace than in April. Statistics from the Department of Statistics indicate that retail sales, excluding motor vehicles, parts, and accessories, rose by 3.7% in May. This increase…
DBS Group, the largest bank in Southeast Asia in terms of assets, recently completed a pioneering synthetic securitization transaction. This transaction, which is tied to a corporate loan portfolio worth $1 billion, marks the first of its kind to be carried…
After a three-month refurbishment, Pokémon Center Singapore celebrated its reopening at Jewel Changi Airport, presenting a fresh store design influenced by Singapore’s rich cultural heritage and an array of exclusive new merchandise. The updated store boasts…
Singaporean consumers are increasingly expecting more from their online shopping experiences, favoring personalised and relevant product discovery over novelty. This finding is according to a recent report called the Spark of Discovery 2026. Efficiency and…
Beginning in October, Singapore will permit foreign central banks and sovereign entities to store their gold reserves within its borders. This move is aimed at reinforcing Singapore’s standing as a regional hub for gold trading and storage. The city-state’s…
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