Reporting and analysis on retail, e-commerce, and consumer trends in Singapore, updated continuously by our newsroom.
Jollibee Foods Corporation (JFC) has formed a joint venture company with Singapore-based Food Collective Pte. Ltd. (FCPL) to launch Common Man Coffee Roasters and Tiong Bahru Bakery in the Philippines. The joint venture company will franchise the café chains…
Singapore retail sales (excluding motor vehicles) grew by 2.5 per cent to SG$3.4 billion (US$2.5 billion) in June, following May’s 1.7 per cent increase. The country’s seasonally adjusted retail sales were up 0.2 per cent month over month, data from the…
A recent dialogue saw a mutual agreement between Singapore and Japan’s aviation authorities to work together towards initiating greener air lanes between the two countries. At the 2nd Singapore-Japan Dialogue on Aviation Collaboration, the Civil Aviation…
Changi Airport is looking to strengthen its connectivity to more points in Southeast Asia and China in the second half of the year as the airport regained more than 80 percent of capacity in the month of June. On a quarterly basis, Changi Airport saw 14.6…
Anew hipster burger joint is coming to Singapore at the end of July 2023. Called Honbo, it was founded in 2017 by former doctor Michael Chan, who named his eatery after the Cantonese name for hamburgers (‘hon bo bao’). The brand has since expanded to six…
Singapore-based Thomson Medical Group has agreed to buy FV Hospital in Ho Chi Minh City for US$381.4 million in what will be Vietnam’s biggest ever healthcare industry deal. The company, which has operations in Singapore and Malaysia, said in a press release…
The popular coffee chain from Korea, Compose Coffee, is set to open in Singapore at Suntec City. The scaffolding of the number one coffee in Korea can be seen around the shop, showing off the brand with two simple words: “Coming soon”. Its menu boasts a wide…
Finnish fashion and lifestyle brand Marimekko is set to make its Singapore debut with the first store and a cafe concept to open in the Ion Orchard shopping mall at the end of September. The Singapore launch, which will also include the opening of a local…
The SNB takes a step to better optimize operations in a number of different currencies, markets, and time zones. The Swiss National Bank’s operating unit will start a two-year pilot project from August 2023 under which it will split operations between Zurich…
Surging traveller numbers, revamped retail spaces and a focus on omnichannel engagement are paying off at Changi International Airport, as the Singapore hub reports retail sales rebounded to 60% of 2019 levels in January. Travellers from Indonesia, Thailand…
The wait is almost over for Japan’s famed Mister Donut chain to launch in Singapore. Its first store opens on May 21 at Bishan’s Junction 8 mall. It will sell its iconic Pon de Ring doughnut – known for its crisp exterior and fluffy, mochi-like texture –…
A former executive of Credit Suisse is said to be joining the Singapore Stock Exchange. William Gulya, Credit Suisse’s former head of Asia Pacific equity distribution, will join the Singapore Stock Exchange (SGX) Group to serve as the head of the Americas,…
Singapore is often thought of as one of the most important financial hubs in the world. It also has one of the most diverse and quickly growing investment communities. If you want to invest in Singapore, you will find that the country has a lot of options and…
Singapore remained the biggest foreign investor in Vietnam in the first two months of 2023, with investment of $978.4 million, down 42.7% year-on-year, the Ministry of Planning and Investment reported. Taiwan ranked second with nearly $407.1 million, 3.85…
After garnering two million downloads within two weeks of its launch, Bondee’s Gen Z users have got past the novelty factor. Bondee’s is a story of social media hype punctured by a sharp truth that the loyalty of digital natives is hard-earned, experts say…
Singapore’s total fertility rate has been in decline for many years, hitting an all-time low of 1.05 in 2022. This is due to several factors, such as the Tiger year in the Lunar calendar and the global trend of people living longer and delaying marriage and…
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