Reporting and analysis on retail, e-commerce, and consumer trends in Singapore, updated continuously by our newsroom.
Chinese discount shopping site Temu has entered Vietnam and Brunei after facing a ban in Indonesia. But its entry into Vietnam was rushed, seeing as the Temu website in the country was initially only available in English. It also only accepts payments through…
OpenAI is hiring a team in Singapore for its second office in Asia following the launch of its Japan outpost four months ago. The new office is planned to be launched by the end of the year and will serve as a hub for the company to work with partners and…
Chinese auto giant BYD’s premium electric vehicle brand Denza has made its official debut in Singapore with two variants, both costing over US$200,000. According to Singapore-based car selling platform Motorist, the brand launched its first model in the…
Singapore retail sales – excluding motor vehicles – continued to decrease in August, but at a slower pace compared to the previous months. The city-state saw a 1.5 percent drop in retail sales for the month, a slight improvement from the 2.3 percent reduction…
A workers’ union in Singapore has expressed disappointment in household appliance maker Dyson for informing it of a layoff only one day in advance. The United Workers of Electronics and Electrical Industries (UWEEI) said in a Facebook post Wednesday that the…
Singapore’s private home sales dropped to a 16-year low in August, reflecting weak buyer sentiment, although new launches and anticipated interest rate cuts are expected to drive demand in the coming months. Developers sold 208 units, down 47% year-on-year,…
Malaysian coffee chain Zus Coffee has secured a US$57.27 million (RM 250) investment to support its expansion in Singapore and Brunei this year. The funding was secured from a consortium comprising private equity firm KV Asia Capital, Malaysian pension fund…
Singapore retail sales dropped 2.3 percent in July after motor vehicles were excluded from the data, compared with the 3.1 percent decline in June. According to the Department of Statistics, the estimated total retail sales value in July was SG$3.4 billion…
Singapore ranked second in Asia for real estate market transparency and was rated as “highly transparent” for the first time. The city-state moved up one spot from last year to 13th place globally, achieving an overall score of 1.92, citing the Global Real…
Decathlon has completed two developments in Singapore: renovating the Decathlon Lab in Kallang and opening a new outlet at Lot One Shoppers’ Mall in the Northwest region. The Singapore Lab now features a modern layout with immersive alcoves, offering…
Singapore Changi Airport handled 16.5 million passenger movements from April to June 2024, an increase of 13.4% compared to a year ago. This was 98.2% of passenger movements for the same period in 2019. Aircraft movements, including landings and take-offs,…
Grab, Southeast Asia’s biggest ride-hailing and food delivery firm, has called off its proposed acquisition of Singapore’s third-largest taxi operator, Trans-cab, according to a statement from Singapore’s competition watchdog. The Competition and Consumer…
Singapore-based ride-hailing company Tada will expand to Hong Kong in November with up to 4,000 vehicles as part of a collaboration with local taxi firms. “Singapore and Hong Kong share many similarities, which allows us to bring what we have learnt from our…
Garuda Indonesia and Singapore Airlines (SIA) received the Competition and Consumer Commission of Singapore’s (CCCS) approval of their commercial joint venture agreement. With this approval, the airlines will be able to deepen their strategic partnership on a…
Worldwide Flight Services (WFS), a member of the SATS Group, has been awarded three-year cargo handling contract extensions with Singapore Airlines in the United Kingdom, France, and Belgium. In the UK, in addition to renewing its cargo handling and UK…
Decathlon has launched its first global duty-free pop-up at Singapore’s Changi Airport, featuring a curated range of sports and travel goods. The pop-up will be open for customers to visit until September 1, located at the Terminal 3 Departure or transit…
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