Reporting and analysis on retail, e-commerce, and consumer trends in Singapore, updated continuously by our newsroom.
Takings at the till in Singapore grew faster in May, helped by a low year-ago base and the continued boost from tourist spending after travel restrictions were eased. Retail sales surged 17.8 percent year on year, extending the 12.1 percent growth in April,…
Buy2Sell, an e-commerce B2B platform in Singapore, has announced a new strategic partnership with Mastercard. For a global orientation to 2025, Buy2Sell is also moving towards expanding its cross-border sales through its e-commerce. Buy2Sell will enable…
Singapore-based e-commerce platform Foodpanda has partnered with the toy giant Lego to expand the region’s q-commerce marketplace. Lego says the partnership signifies the company’s entry into the q-commerce sector, which enables users to purchase Lego sets…
Lim Ching Kiat, managing director for air hub development at Changi Airport Group, shares his insights on sustainability as the airport looks to renew its commitment to making a sustainable Changi a reality. Can you share how the Changi Airport Group is…
Singapore Post Limited (SingPost) has elected Mr Li Yu as CEO for its international business with effect from 12 September 2022. Mr Yu possesses over 17 years of experience spanning across Engineering, Operations, Project Management, Customer/Sales support,…
Tech company Thales has appointed Emily Tan as country director for Thales Singapore and as CEO for Thales Solutions Asia Pte Ltd, effective 1 September 2022. The Singaporean native, who spent 14 years with Shell assuming leadership roles, will oversee the…
Miracle Coffee will launch a 90-day pop-up café kiosk at the ArtScience Museum in Singapore’s Marina Bay Sands by the end of September 2022, ahead of a brick-and-mortar store launch in the museum’s lobby next year. Miracle Coffee said the kiosk will only…
Singapore-based property platform 99 Group is reported to be exploring options to purchase Vietnamese proptech startup Propzy. Propzy is one of a dozen potential targets in Southeast Asia for the group, signaling its intention to expand after raising $37…
Singapore retail sales continued their rebound in July, rising 18.1 per cent year on year, excluding motor vehicles. That followed a 19.9 per cent increase in June, both months reflecting the low base of a year earlier when Covid restrictions on border…
Ginza Xiaoma, the Japanese authorised partner of French luxury brand Hermes, has opened its first boutique in Singapore, its third globally. Located on Orchard Road, the 240sqm store follows a flagship in the Ginza Tokyo, and a Hong Kong boutique. Founded in…
Swiss-made watch brand Norqain has made its debut in Singapore, as part of an expansion into the Asia market. The watch retailer has collaborated with Southeast Asia distributor Melchers, a Singapore branch of Melchers Group, for the launch. This is also the…
M1 Limited has announced that it will undertake an ambitious multi-year project that aims to provide ubiquitous 5G standalone (SA) offshore coverage for the southern coast of Singapore, including the surrounding waters of the southern islands. Extending 5G…
Singapore-based e-commerce firm Qoo10 plans to acquire TMON through a stock swap deal, industry sources said Thursday. TMON’s two major shareholders — Anchor Equity Partners and Kohlberg Kravis Roberts & Co. — have agreed on the stock swap deal with Qoo10,…
M1 has announced ZΩH as its latest Mobile Virtual Network Operator (MVNO) partner. As a telecommunication service offering from enterprise network and ICT provider Lifeway Singapore, ZΩH will leverage M1’s advanced mobile network infrastructure to offer…
The Monetary Authority Singapore is reeling back on retail access to cryptocurrencies with the latest consideration for more curbs. The MAS is considering tightening crypto rules for retail investors by «adding friction» to mass access, according to managing…
Singapore’s Grab Holdings Ltd on Thursday slashed its gross merchandise volume (GMV) outlook for the year, blaming a strong dollar and cooling demand for food delivery services as consumers return to dining outdoors. U.S.-listed shares of Grab fell 16% in…
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